Both venture capital (VC) investing and real estate investing involve some level of risk assessment, they both have the potential for big returns, and investors have the opportunity to help someone else reach a desired goal. Despite this common ground, there are some distinct differences.Read More
I had the pleasure of attending my first SheWorx Breakfast Roundtable in LA. As described by the organization, SheWorx roundtables are focused on bringing female entrepreneurs actionable strategies to help build and grow their businesses.
The presenter of the event was Dana Settle, CoFounder and Partner of Greycroft Ventures. From the moment she walked into the room with a huge smile, I found Dana to be incredibly genuine, warm and open. Her energy and enthusiasm were fantastic and refreshing! She carried the energy of the room of about 20 women from various backgrounds and stages of their businesses.
Read on for the takeaways from the event.
I am so thrilled to help promote this female founder in tech competition and honored to be a judge. Quesnay, an innovation consulting firm focused on accelerating growth among startups and corporations, officially launched its inaugural Female Founders in Tech competition to address the gap in female leaders by recognizing and supporting female-founded startups that positively impact the financial services and/or insurance technology industries.
Applications for startups begins October first, and closes October 31st. My fierce, fintech female founders who want to apply can do so here. And all the info about the competition, including prizes and timeline, are here.
"As a longtime advocate of female entrepreneurship, Quesnay is very excited to leverage our extensive experience running global innovation competitions for corporate clients to launch our inaugural Female Founders in Tech competition," said Jennifer Byrne, president of Quesnay. "Women often lack access to funding and mentorship to grow their businesses. Among the nearly 500 deals closed in the Fintech sector in the US in 2016, less than a dozen went to companies founded by women. We hope to make a positive and immediate impact to showcase female-founded companies with viable products that could be quickly scaled through meaningful partnerships."
Applicants will gain visibility to a community of thought leaders from the venture capital and investor communities, the insurance, finance and technology industries and prominent universities. Among the applicants, six finalists will be selected to participate in a live pitch event on December 11, hosted by Open Innovation Lab at Alley powered by Verizon, and receive personalized guidance from the competition's corporate sponsors. In addition, finalists will receive Microsoft Azure cloud computing credit.
For more information on the competition, visit www.quesnays.com/competitions
Diversification is important because it spreads risk across multiple types of investments within a single portfolio. By diversifying into different investments, the overall portfolio’s risk is reduced so that the investor isn’t as exposed to a loss from a single investment.
Bull markets don’t last indefinitely. Markets and asset classes will have good and bad years. For these reasons, it is important for investors to choose a variety of asset classes and allocate their investment selections within each class strategically.
Real estate is an important part of a well-diversified portfolio, and the advent of online real estate investing makes it easy, convenient, and transparent for all investors to add real estate to their investment strategy.Read More
At this year's San Francisco installment of the Inman Connect event, I was asked to be on the panel addressing the topic of ‘How I Attacked the RE Tech Space and Won‘, which took place on August 9th. The panel was composed of four other prominent entrepreneurs and leading experts in the real estate industry and moderated by Constance Freedman of Moderne Ventures.
The panel was incredible! I learned so much by being part of it, and also from all the questions that were asked by the audience. Despite the allotted time of 20 minutes we went well over and could have continued for another hour. I always love speaking on panels, especially when they are related to entrepreneurship!
Recently, someone said, “Some people build a business. Not you. You build a business and you build your house!” What can I say? The smart answer is that I ‘totally got this’ and I’m pulling it off flawlessly, according to plan. The realistic answer is that I jump into things when they feel right and figure things out on the fly. I look for well-timed opportunities with the potential for strong upside and major personal growth. But I don’t know what twists and challenges await, what may go off track, or the shape of the outcome.
We didn’t plan on completely rebuilding the property. It was supposed to be a quick DIY remodel that we’d flip in 2-3 years. Two years later the property is not quite finished, and is basically new, save for the footprint and the framing.
As things stand, we’re not leaving anytime soon. It’s no longer a flip, it’s a hold. And it’s home. What happened? On the one hand, we made the first-timer “mistake” of designing to our tastes rather than doing the MVP needed for a true flip. On the other hand, we assessed market trends and data, as well as our ability, resourcefulness, and willingness to put in the work for a long-term growth play.
What an experience! Frustrating, even infuriating at times but also fun, challenging and rewarding. The process was so different than I thought it would be. Did we overspend? Probably. Could we have done less? Possibly. Have I developed new skills, abilities, and know-how? Absolutely. Will I do it again? Ask me later!
This experience, I realize, isn’t dissimilar to building a business. I’ve been an entrepreneur for a decade, launching brands and businesses; failing at some, succeeding at others. I don’t always need all the details up front – where would be the fun in that?! I’ve learned that adaptability, perseverance, curiosity, and optimism are requisites, especially during tough times. Most importantly, I’ve learned that innovation rooted in a desire to do good work and to make a meaningful impact leads to success, no matter how you measure it.
I feel this way about crowdfunding, crowdfinancing and the impact that regulations, startups, and the omnipresent Internet are having in real estate and finance. With AI, advanced algorithms and machine learning coming into play, we’re on the crest of the next wave of change, progress, and uncertainty as to where it will all lead.
While I cannot predict the future, every day is an opportunity to work towards goals, growth, and a better future. What I can count on is that I always put my passion and vision into anything I jump into, never knowing where it will lead but trusting that the process is the teacher and that I’ll forever be a student.
This was my contribution to Private Lender magazine's 'Last Call' section of the July-August edition. As many know, I've been rebuilding the house I bought two years ago, and working with emerging companies in the fintech space - first with Patch of Land and now with AlphaFlow.
Online real estate investing is quickly becoming the preferred method of investing for many people. Forbes reported earlier this year that real estate crowdfunding was a $3.5 billion industry in 2016, up from $1 billion in 2014. One reason for such tremendous growth is that it is much more efficient than traditional real estate investing, and it's an effective way to add real estate to an investment portfolio. Here are 7 reasons why online real estate investing is both efficient and effective.Read More
Thought Leadership: Crowdfinance is different than crowdfunding. In this article, learn why these two terms, and industries, are very different from each other and how to correctly prepare a brand strategy to raise capital for financing.Read More