Big Ideas: “Reallocate existing single-family homes and turn them into multi-unit rentals that cost much less than a studio apartment” with Bungalow CEO Andrew Collins

As a part of my series about “Big Ideas That Might Change The World In The Next Few Years” I had the pleasure of interviewing Andrew Collins. Andrew is Chief Executive Officer and Co-founder at Bungalow, the world’s largest co-living company. Bungalow is a two-sided residential real estate platform creating a market between millennials who need a great home and baby boomers who own the existing housing supply. Born out of Atomic VC and backed by Opendoor founder, Keith Rabois, through Khosla Ventures, the company is out to make America’s most expensive cities more welcoming and affordable for early career professionals who are increasingly priced out due to skyrocketing rents. Collins holds an A.B. in sociology from Princeton University and an M.B.A. from Wharton School of Business.

Thank you so much for joining us! Can you tell us a story about what brought you to this specific career path?

Bungalow grew from the personal experiences my co-founder and I had when we moved to urban areas following college. We’re both Midwesterners who made our way to San Francisco. I consider myself an outgoing person, but it was really hard to find a friend…