Hi there! My name is Jay Roberts and welcome to my website. I’m the founder and CEO of Domio, a technology platform that is building the future of travel. As a startup CEO, I get asked about my background quite frequently.
Early life and education
I was born on March 30, 1985, in Seoul, South Korea, under the name Jung Hyun Suk. I lived in an orphanage for the first three months of my life because my biological parents were too poor to raise a child.
At three months old, I was adopted by an American family and immigrated to Honolulu, Hawaii, United States. My family moved from Honolulu, Hawaii, to Long Beach, California, when I was three years old, and eventually settled in Seal Beach, California.
I was raised by a single mother who worked as a secretary. I have a non-biological sister named Leslie. I attended Los Alamitos High School, where I played football. My parents both tragically died my senior year of college.
I was the first in my family to attend college, earning a Bachelor of Arts in Economics from the University of California, Santa Barbara. With a passion for real estate, I earned my MBA at NYU Stern School of Business.
After graduating business school, I worked in real estate investment banking and acquisitions. I worked as an investment banker at Bank of America Merrill Lynch in New York, where I specialized in institutional real estate mergers and acquisitions, initial public offerings, and capital markets transactions. My team led the MGM Growth Properties $1.2 billion IPO, which was the largest real estate IPO of 2016. My team also led Paramount Group’s $2.6 billion IPO, which is the largest REIT IPO in U.S. history.
Prior to my work at Bank of America Merrill Lynch, I worked at Training The Street. At this position, I taught investment banking analysts at Goldman Sachs, Credit Suisse, and Evercore financial modeling and Excel best practices.
I started Domio, a technology platform focused on the travel sector, in the summer of 2016 with Adrian Lam. I was inspired to start Domio when I was renting out a spare bedroom in my apartment near Times Square. As a host, I realized travelers were seeking human connection and an authentic travel experience.
Domio serves apartment-hotel accommodations to group travelers and has raised $67 million in funding as of November 2018. Most recently, the company raised $12 million in Series A funding from Tribeca Venture Partners and SoftBank NY. As of January 2019, Domio has hosted more than 100,000 guests across Austin, San Diego, Chicago, Philadelphia, New Orleans, Boston, Nashville, and Honolulu.