Learn from this investor’s $100M+ mistake
Grammy winner will.i.am passed on investing $200K in Airbnb in 2010. That stake could be worth over $100 million today. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Grammy winner will.i.am passed on investing $200K in Airbnb in 2010. That stake could be worth over $100 million today. One year later, another real estate disruptor, Zillow, went public. This time, everyday investors had regrets, locked out from pre-IPO gains. Now, a new real estate innovator – led by former Zillow executives – is disrupting a $1.3T market. Co-founded by the man who grew Zillow from seed to IPO, their model reimagines second-home ownership through co-ownership. Here’s how they’re redefining the $1.3T vacation home market: Disruption: This startup transforms underutilized vacation properties into fully utilized, co-owned assets. They’ve facilitated $1B+ in transactions and associated service fees and earned $110M+ in gross profits in their operating history. Ecosystem: Their digital marketplace allows buyers to seamlessly co-own, sell, and finance shares of luxury homes while managing scheduling, maintenance, and design. Opportunity: They’re offering investors the chance to capitalize on this fast-growing co-ownership model for just $2.90/share.
On the back of continued international expansion, the company is hitting its stride. With record-breaking sales in Paris, 41% year-over-year gross profit growth, and eyes on expansion into additional markets in Europe and The Caribbean, momentum is building fast. They even recently reserved the Nasdaq ticker PCSO. Join well-known firms like Maveron as an investor now for just $2.90/share today. |
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