Richard Croft’s Post

He may have a checkered past but WeWork’s Adam Neumann and his investor’s Andreessen Horowitz may be onto something here. In building Neighbourgood, there are a lot of parallels in our respecitve businesses (barring a $350m investment from one of the worlds best known VCs). I have no doubt that the brand experience will play a significant role in the future of multi family living. Thats something Adam understands well. Combining best in class multi family and hospitality technology designed with community in mind together with fundimentally solid real estate investment principles provides for a very investable story. Yielding Propco/Opco economics if applied correctly can be very rewarding if executed well. And I guess the proof of the pudding will be in the eating. Will using Flow as a branded property manager generate 20-30% better NOI then a standard property manager in the multi family space? Only time will tell. Property and or hospitalty management (with our without technology) is a people heavy business. They are going to have to look closely at their operating costs, to build unit economics that make sense. Assuming their fees are market related, margins will be thin. Ask any of the large co-living operators who no longer exist or who have had to do m&a’s to survive. Adam’s play for WeWork is also a clever move and whether he gets it or not shows where his thinking is at. The future is of brand and product in the built environment is so much more then just the four walls of physical space. I think he understands that. My gut says this is not a blitzscale or one winner wins all opportunity. The multi family industry is the worlds biggest asset class. It is a behemoth that Greystar and BlackRock themselves could not gobble up all their own. So that leaves space for other companies to compete! And I think there will be a few. I’m excited to watch the development of the branded residence space. It’s entry is long overdue and the timing couldn’t be better. Watch this space! I think there is lots of GOOD to come! Ps: Andreessen Horowitz DM should you be interested in backing another horse as a wild card 😉😘🚀 South African entrepreneurs are always in for a shot!

Collaboration Over Competition: The Future of Real Estate and Proptech Partnerships How the growing collaboration between traditional real estate firms and proptech startups is transforming the industry and driving innovation Read More: https://lnkd.in/e55uNNFh

Want to see the the full breakdown of the finalist and winners in the 2024 Proptech Award? These are the Start-ups, Scaleups and established businesses responding to opportunities and barriers in the property sector. To familiarise yourself with this exciting area of emerging tech, you can Download our 2024 Awards Finalist + Winners Lookbook and see who is leading the sector. Proptech Association Australia Kylie Davis Peter Schravemade Marie-Anne Lampotang - GAICD John Minns Carolyn Trickett AJ Chand

Alexa Binns and I asked Avanish Sahai: Can Silicon Valley's VC allocator model be replicated for Brazilian Multifamily Offices? This week on Swimming with Allocators, we explore the intricate dance of translating Silicon Valley's venture capital playbook for international allocators. Avanish, a seasoned board member and venture partner, shares his insights on navigating the complexities of cross-border investments, emphasizing the critical role of networking, due diligence, and the unique challenges faced by Brazilian Multifamily Offices in the high-stakes world of tech investing. Key Takeaways: - The importance of building relationships and trust in venture capital. - Strategies for Brazilian investors to adapt and thrive in Silicon Valley's ecosystem. - The future of international VC investments and the potential of emerging markets. Tune in to uncover how global investors can leverage Silicon Valley's model for success in the ever-evolving landscape of venture capital. #VentureCapital #InternationalLPs #SiliconValley #SwimmingWithAllocators

Today’s gonna be a good day 🎉🎶 We’re announcing a $2.45M investment by Amsterdam-based Airbridge Equity Partners (link below). 🤪 –––[LI deleted the original post 🤷♂️. Thanks for all your previous love and comments. Hope this one stays!]––– The biggest privilege of my life is that I’m spending it all with the best people I could ever ask for—at home ❤️ and at work 💙. Together with these clever, fun folks at Behavio, we’ve had the chance to build our dream workspace—hardworking, but open, safe, full of laughs, and friendly to our mental health. (Safe… unless you forget to lock your screen. You typically find yourself having promised to bake a cake for tomorrow by the time you’re back.) Big love to you all! Even rarer, perhaps, is building this with my best friends since high school: co-founders Libor, Marek, Lukas, and Vojtěch. 🙏 And now, this privilege is going to stick around. Even in tough times for startup financing, we found perfect, like-minded partners at AEP, and we are so much looking forward to working with Rick, Robin, and Frederick. Huge thanks to our early investors: Presto Ventures, J&T Ventures and Václav Dejčmar! At Behavio, we love brands, we love brand building, and we love to see brands flourish. It’s always so rewarding to assist iconic brands or talented marketers in creating something truly resonant. This investment means we can realize our boldest product visions, and take our unique methods and tools global. I guess I still need some time to process this. Anyway… Woohoooo!

Early-stage tech is a popular asset class among family offices. Not only does it diversify a portfolio, but it also gives family offices – many of which are now directed by next-gen leaders and even exited tech founders – a path to support innovation and make a lasting impact. Here’s why family offices are investing in early-stage tech now more than ever.

Bootstart gained initial traction through strategic partnerships with established companies, offering quality coworking spaces and services. They also leveraged social media platforms like LinkedIn to connect with potential clients and investors. This helped them grow their network and establish credibility in the industry. Bootstart #BusinessPlan #FundingFlash #StartupStory

Raising capital is often seen as a financial transaction, but it’s really about finding the right partner. Take Airbnb's early days, for example. In 2009, they raised capital from Y Combinator, not just for the cash, but for the mentorship and connections they needed to grow. That decision gave them access to key resources that transformed a struggling startup into a global platform. When raising capital, look beyond the check. Focus on finding partners who bring strategic value, whether it’s industry expertise, networks, or operational support. What do you consider the most important factor when choosing an investor?

Last week, I attended the TechCrunch Annual Founders Summit in #Boston, and it was an enlightening experience. Meeting other founders provided a unique environment to exchange insights and support one another through our entrepreneurial journeys. Many of the speakers also delivered invaluable wisdom across different stages of a founder’s journey: Jess Lee offered a comprehensive framework for assessing product-market fit and crafting compelling value propositions for different types of markets. Edith Yeung provided a crash course on leveraging our online presence and branding to attract investors, customers and partners. Lily Lyman taught us how to approach investor conversations when building relationships vs raising funds. Jake Cohen shared candid advice on how to grow a venture without VC funding, or to do so in a way that keeps the founding team and its employees set for long-term success. Sara Choi emphasized the importance of conducting due diligence on the individual we pitch to, and not just the firm they represent. Daniel Kang outlined strategies to help founders optimize their cash flow and maintain financial prudence. Rudina Seseri shared insights on founders’ journey to validating product-market fit and scaling to $1M ARR after closing their seed round. Special thanks to the people I met at the Summit! Ryan Stohl Anoushka Ramkumar Justina Samanta Akhil Daphara Daniel R. Shaurjya Mandal Cloey Wong Aaron Joshua Pinto

With the recent plethora of reports giving insights on the Southeast Asia tech ecosystem, the M Venture Partners (MVP) team angled our version differently - to understand the makeup of Unicorn founders in this region. Which is your favorite insight? *PSA* get your hands on the report here: https://lnkd.in/g4D-fd9p M Venture Partners (MVP)