EXCLUSIVE: Company renting SF sleeping pods for $700 a month gains city approval

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The majority of people who live in the building have the same goal; build a tech start up and make it big.

After over a year, San Francisco finally approved the startup's tiny sleeping pods to be leased out by renters. Here's a look inside.In San Francisco where the average rent price is $3,000 - $4,000 a month, renting a sleeping pod for $700 a month is a deal.

"I'm originally from China, but I just graduated from the University of Illinois Urbana-Champaign and moved here after graduation," said Ruidi. "Almost everybody is a founder. They want to achieve something greater and build something that creates more impact for society."But after this housing concept went viral in 2023, many here were at risk of losing their housing because the city said the people running it didn't have the right permits.

"It's affordable and convenient and I think it's something that strengthens people doing venture stuff. If this existed three or four years ago, we probably wouldn't have lost so many early-stage startups to Austin, Denver or places like that," said Ben.

 

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