Aplicación YC de Lofty

Summer 2019Active

Lofty pasó por Y Combinator en el batch Summer 2019 como una empresa de Fintech. Abajo: qué hace la empresa, quién la fundó y su aplicación a YC, reconstruida pregunta por pregunta en el formulario real de YC.

Batch YC: Summer 2019
Industria: Fintech
Tamaño del equipo: 7
Estado: Active
Lanzado: 2019

Fundadores

Max BallFounder
Jerry ChuFounder

Lo que hace Lofty

Lofty is a marketplace that let's anyone sell a house to investors online. Instead of the typical real estate transaction where one seller sells to one buyer, Lofty is much more flexible. Sellers fractionalize their equity ownership in the property into smaller units, so that anyone can buy a portion for as little as $50, allowing access to one of the best asset classes for people who have previously been locked out. Sellers can also sell a portion of their equity (starting at just 10%) instead of the entire property or create customized HELOC structures. Investors can browse a variety of individual real estate properties ranging from commercial strip malls, a HELOC in someone's house, Airbnbs, to a single-family rental properties, and directly purchase ownership in these properties in under 5 minutes. There is no lockup period. Users can constantly trade these ownerships with others on the marketplace. Investors truly legally own the properties they invested in and co-manage it with other investors through an online governance program. Owners have so far voted on how to handle various repairs, delinquent tenants, the sale of the underlying property, and much more. Lofty never custodies or handles user funds or assets. Through smart-contracts on the blockchain, all transactions are directly peer-to-peer. If we succeed, we'll have built the NASDAQ for real estate and transformed how real estate is bought and sold in the USA.

Aplicación YC de Lofty, reconstruida

Solicitud de Y Combinator

Lofty, batch Summer 2019. Las preguntas reales del formulario, respondidas con datos públicos.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Lofty

Describe what your company does in 50 characters or less.

Building the NASDAQ for Real Estate

What is your company going to make? Please describe your product and what it does or will do.

We built a marketplace where anyone can sell fractional ownership in real estate directly to investors online. Sellers break equity into units as small as $50, letting more people invest in properties like rentals, strip malls, or HELOCs. Buyers co-own legally and can trade their stakes anytime on-chain without lockups.

Where do you live now, and where would the company be based after YC?

We live in Los Angeles and Miami; the company remains remote with founding and key engineers spread across these locations.

Explain your decision regarding location.

We split our bases between LA and Miami to remain close to key real estate markets while fully embracing a remote team. This lets us balance real estate expertise with engineering talent in flexible locations.

21 respuestas más en la aplicación completa

están en la versión completa. Crea una cuenta gratuita para abrirla en YC Insights, junto a cada otro batch de YC.

Ver aplicación completa

Preguntas Frecuentes

¿Es esta la aplicación YC real de Lofty?

No. Y Combinator mantiene privadas las aplicaciones enviadas. Esta es una reconstrucción: las preguntas reales del formulario de YC, respondidas a partir de los datos públicos de Lofty (notas de lanzamiento, antecedentes de fundadores, descripción del producto). Muestra cómo una empresa como Lofty se presentaría a YC, no el texto que enviaron.

¿En qué batch de YC estuvo Lofty?

Lofty formó parte del batch Summer 2019 de Y Combinator.

¿Quién fundó Lofty?

Lofty fue fundado por Max Ball, Jerry Chu.

¿A qué se dedica Lofty?

Building the NASDAQ for Real Estate.

¿Cómo leo la aplicación completa reconstruida?

Crea una cuenta gratuita de Round Funded. La versión completa de 26 respuestas de la aplicación de Lofty, y de cada otro batch de YC, está en YC Insights.