This text initially appeared on Enterprise Insider.
Tech staff are paying as much as $900 a month to remain in tiny mattress “pods,” small packing containers fabricated from wooden and metal simply 4 toes excessive.
The pods, that are made by Brownstone, can solely match one twin mattress, and people staying should make do and not using a full kitchen or laundry machines whereas additionally sharing 5 loos.
The mattress pods are organized in are stacked two-high in dorms, and so they run on month-to-month contracts and do not require a safety deposit.
One resident, tech startup founder Christian Lewis, who created the AI agency Spellcraft, mentioned the tiny areas bought a “little toastie,” however he had loved a restful eight-hour sleep. He and others attempting to launch AI careers in San Francisco praised the lodging in an interview with ABC 7 Information, notably for the networking alternatives they supplied with different pod-dwellers.
Brownstone had its first clients this summer time, its CEO James Stallworth informed SFGATE, including that it presently rents out the areas for $500 in Bakersfield, $700 in San Francisco, and $900 in Palo Alto.
“Our non-public beds have 40% extra room than typical bunk beds, and include particular person lights, privateness curtains, temperature-controlled followers, and different necessities,” the corporate’s web site says.
“Along with your individual non-public mattress, you get keyless entry to the home in a tremendous location, entry to a full kitchen, and totally furnished frequent areas resembling a front room and shared workplace room,” it provides.
Stallworth mentioned that the corporate has had plenty of inquiries from people who find themselves keen on AI.
“Going into the home, we simply knew there have been plenty of causes to be in San Francisco,” Stallworth mentioned. “It seems AI is presently what lots of people are doing,” he mentioned, per SFGATE.
San Francisco skyline. Alexander Spatari/Getty Photographs by way of BI
Regardless of the excessive price for a field with a mattress, he mentioned that they are going to be at full capability in October, with all 28 of the pods taken.
Hire prices within the tech hub metropolis of San Francisco are sky excessive, with the median worth of a studio house at $2,200 a month, per actual property market Zillow.
Lewis, shared photographs of his expertise in one of many pods on X, previously generally known as Twitter, earlier this month.
“Individuals are getting bitchy however I am undecided what for. I am simply attempting to remain throughout the metropolis of San Francisco with out paying $4,000 a month or getting stabbed, and I believe this can be a nice answer to date,” he wrote. “There’s plenty of cool folks right here too.”