Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Standard view
Full view
of .
Look up keyword
Like this
1Activity
0 of .
Results for:
No results containing your search query
P. 1
Groundbreaker helps aspiring real estate moguls get projects off the ground

Groundbreaker helps aspiring real estate moguls get projects off the ground

Ratings: (0)|Views: 94 |Likes:
Published by Crowdsourcing.org

More info:

Published by: Crowdsourcing.org on Sep 25, 2013
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
See more
See less

06/16/2014

 
EventsNewslettersJobsResearch
 
9/25/13Groundbreaker helps aspiring real estate moguls get projects off the ground (exclusive) | VentureBeatventurebeat.com/2013/09/25/groundbreaker-helps-aspiring-real-estate-moguls-get-projects-off-the-ground-exclusive/2/3
 barriers.Groundbreaker’s role is to help entrepreneurs navigate the fundraising process, rather than cherry-pick the “best” deals. And unlike other crowdfunding platforms, like Kickstarter or WeFunder, it does not bill itself as a marketplace. Jelinek saidentrepreneurs have to raise money by reaching out to their existing networks rather than soliciting strangers.Entrepreneurs are responsible for executing their e-mail and social media campaigns and attracting attention to the projects.“By democratizing fundraising, more folks can becomereal estate ownerseither through investing or entrepreneurship,Jelinek said. “Crowdsourcing project ideas ensures that what is built fits the needs of its users better. Let the builtenvironment be created by those who actually use it.”Crowdfunding has erupted over the past few years, and people are now crowdfunding everything from quirky gadgets tomunicipal bridges. Real estate is also part of this trend. A company calledGroundfloorpowers a peer-to-peer platformdescribed as a “Lending Club for real estate”; and a company calledFundrisegives community residents the ability to investsmall amounts in local properties.This Monday,the ban on general solicitation lifted as part of the JOBS Act, which means that private companies can now publicly announce that they are fundraising.Real estate entrepreneurs can now publicly raise money for their projects, and Groundbreaker can help them do it.Jelinek and his cofounders are well schooled in the areas of real estate, securities, law, crowdfunding, and technology. Theteam not only offers entrepreneurs help with the technology but also with the ins-and-outs of the fundraising process.Jelinek used to work at Morgan Stanley, where he built its mortgage buying platform and helped finance over $14 billion inreal estate projects. Stefano D’Aniello is a securities lawyer, and Alex Jelinek has managed projects at Google, DeBarta, andIBM. Jacob Hoffer has built enterprise-level applications for SugarCRM and Cisco.Groundbreaker graduated from Cornell University’s accelerator program and closed eight projects during its beta period. Italso established a real estate incubator, which Jelinek described as “Y Combinator meets Kickstarter for real estate” to helpaspiring entrepreneurs make their vision a reality.The company is based in San Francisco.
 
by Taboola
From around the Web
More from VentureBeatMore from the Web
New computer is the size of a pack of index cards, costs $100iPhone 5 vs iPhone 5S speed tests: Not much difference for real- world apps (eSteam Machines: Valve reveals its hardware plansSamsung plans for curved display smartphone in October,announces gol…The epic review: 5 dating apps in 5 nights10 Ways to Earn Extra Money Online
(Free Money Blog)
 Ask Yourself: These Questions Will Tell if It's Just a Mood orDep…
(HealthiNation)
Fiesta Chicken with Rice and Beans
(Hunt's)
Nine Things Never to Say to Your Boss
(Monster)
These Juices Are Secretly Bad for You
(ulive)
10 Ways to EarnExtra Money Online
 
Ask Yourself: TheseQuestions Will Tell i Nine Things Never toSay to Your BossThese Juices AreSecretly Bad for YouNokia’s valuedestruction
 
Surprising AbrahamLincoln DescendantsWATCH: GiladSchalit in a very 14 Stars Who Lost ItAll
 
by Taboola

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->