Is this an idea worth pursuing or not?

You should start it as specific things like sports events. E.g someone with a big TV shows the game or ufc fight or gaming nights. Mario kart sessions etc

Remember me when you make it big

Thanks man. I appreciate it. I'll def let you know when the time comes. Would you be down to beta test?

As someone who lives in an apartment and has a baby who I want to be able to sleep at night - this idea can go to hell, I’d have our strata rules ban this service so fast. There’s a reason cities zone areas for parties/bars and others for residential.

Your idea is super cool. but should think of these.

1. Legal Stuff:

It’s more than just liquor licenses—there could be zoning rules, health codes, or insurance hoops to jump through. Navigating the legal maze will be key to keeping things legit.

2. Liability Worries:

Hosts might worry about what happens if someone gets hurt or if things get out of hand. Giving them a heads-up on insurance options or covering it through the platform could be a big help.

3. Privacy :

Guests might feel a little iffy about sharing personal info when they’re rolling up to a stranger’s place. Strong privacy settings and clear data use policies will make everyone feel more comfortable.

4. Safety:

Keeping both hosts and guests safe is huge. Identity checks, background vetting, and safety features like emergency contacts or a panic button could bring that extra peace of mind.

5. Quality:

Every event needs to hit the mark. A rating system for both hosts and guests, plus some loose guidelines on what makes a great event, could help keep the vibes high.

6. Standing Out:

With players like Meetup, Eventbrite, and social media event tools, the scene’s already buzzing. Finding a unique angle—maybe by catering to niche interests—will help you make a mark.

7. Making It Stick:

It can be tricky to keep people coming back. Constantly freshening up the app with new features, personal recommendations, or a loyalty program might keep the excitement rolling.

8. Scaling:

More users and events = more complexity. Making sure the app can handle the growth without glitching out is going to be crucial.

9. Cultural:

Different communities have their own social norms when it comes to hosting in private spaces. Understanding these subtleties will help you fit into diverse markets more smoothly.

10. Cancellation Rules:

No-shows or last-minute cancellations can be a headache. Setting fair, straightforward cancellation policies will keep things smooth for both guests and hosts.

But you can look into Airbnb's journey to see how they tackled these kinds of similar issues.