ex-goldman sachs investors building the fractional real estate winner
January 10, 2025 | | New Deal: Mogul (Draper Associates leading round, oversubscribed) |
| | | | We are excited to participate in mogul's seed extension led by Draper Associates, a Tier-1 venture capital fund. | Mogul is building the infrastructure for real estate investors to invest at scale. | The company is wrapping up their $2.5M seed extension via a SAFE note. | | Company Overview
| | Mogul provides direct investment opportunities into institutional quality residential assets for minimums as low as $250. Properties are vetted by founders with $10B of real estate investment experience at Goldman Sachs. Average IRR of 18.8% compared to fractional RE platform average of 0 - 3% $10M invested in 2024 ~20x user growth from 2023 to 2024 without any marketing spend.
| | | Founding Team | Alex Blackwood | founder x ceo: Before mogul, Alex was an investor in Goldman Sachs' Real Estate Private Equity group deploying billions of dollars into real estate debt and equity experience working with FinTech platforms during his time in Goldman Sachs IBD
Joey Gumataotao | co-founder x coo: Before mogul, Joey was an investor in Goldman Sachs' Real Estate Private Equity group where he led the SFR platfrom from $0→ $1B AUM in <12 months Transactional experience working with the most prominent operators in the residential space including Trammel Crow, Greystar, and Tricon
Eitan Prince | head of engineering:
| | | Co-Investors | Draper Associates is leading the round. | Select investments include Robinhood, Angellist, Coinbase, Tesla, Polymarket. | | | | Other investors: | Rosie Rios, 43rd Treasurer of the U.S. Chris Larsen, Executive Chairman of Ripple Labs ($11B) Executives from JP Morgan and Goldman Sachs
| | | Use of Proceeds | Sales and Marketing: 55% Tech: 25% Operations: 20% 24 months of runway
| | Here is a Forbes article on mogul | Here is a TechCrunch article on mogul | | Round Details | We are syndicating this investment on Sydecar: | | To participate in this round or learn more, reply to this email or schedule a meeting using the button below: | | | | | NOTICE: NOT AN OFFER TO SELL OR A SOLICITATION TO BUY. AVAILABLE TO VERIFIED ACCREDITED INVESTORS ONLY PER RULE 506(c) OF REGULATION D PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND/OR OTHER APPLICABLE U.S. FEDERAL AND STATE EXEMPTIONS FROM REGISTRATION. The material and content presented herein is qualified in its entirety by an offering memorandum (the "Memorandum") which contains more complete information including risk factors. The material and content herein contains forward-looking statements and hypothetical economic forecasts that may not be realized. By receiving or viewing this material, you acknowledge and agree not to rely upon it in making an investment decision. Please read the Memorandum. This material and content do not constitute or form a part of any offer to sell or solicitation to buy securities nor shall it or any part of it form the basis of any contract or commitment whatsoever. Without limiting the foregoing, this material and content do not constitute an offer or solicitation in any jurisdiction in which such an offer or solicitation is not permitted under applicable law or to any person or entity who is not an "accredited investor" as defined under Rule 501(a) of the U.S. Securities Act of 1933, as amended, and/or who does not possess the necessary qualifications described in the Memorandum and/or applicable exemptions under the U.S. Securities Act of 1933, as amended. Please read the Memorandum. |
| | | | Update your email preferences or unsubscribe here © 2025 The Mainstreet Fund, LLC 2108 N Street Ste
Sacramento, California 95816, United States of America | | | Terms of Service |
|
|
|
|
|
Tidak ada komentar:
Posting Komentar