They thought: “Since we can no longer do Airbnb listing management, why don’t we commercialise the tools we have put together and sell them to Airbnb homes around the world?” The group had by then invented a “key box” for property owners to place a door key inside a box that guests could access with a pin code independently and remotely.
As the saying goes, every successful company begins by solving a problem. For igloo’s co-founder and CEO, Anthony Chow, the company’s inception was driven by his desire to address a personal pain point.
During Airbnb’s heydays, Chow and his partners leased a bungalow in Singapore and made good money renting it out for the short term. However, in 2016, when the clampdown on the bed and breakfast company came into play, the men were forced to pivot to a new business idea.
