“We agreed to get paid after the property had been sold. And we got another couple of investors to help with capital.”
TC
Theodore Collette
Australian Property Investor ·
TBPN · The Internet Is Finished, Early iPhone Duo Reviews, SpaceXSITesla Merger Talks | Nikesh Arora, Aidan Smith, Akhil Iyer, Max Junestrand
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ditched VCs and met with institutional investors like Fidelity, Barron Capital, and Capital Group
“We agreed to get paid after the property had been sold. And we got another couple of investors to help with capital.”
“Investors focusing on 10-15% yield were losing value over time because capital was eroding while paying taxes on dividends”
“We did a really, really big transaction... we brought in outside institutional private equity sponsorship and capital and concurrently on the same day closed 12 M&A deals all at once.”
“There was already a WhatsApp group chat of investors that had like 40 investors at the time. They were sharing tips about like realtors, property managers, contractors, and stuff like that.”
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