Aplikacja Lofty do YC

Summer 2019Active

Lofty przeszedł przez Y Combinator w batchu Summer 2019 jako firma z branży Fintech. Poniżej: czym zajmuje się firma, kto ją założył i jej aplikacja do YC, zrekonstruowana pytanie po pytaniu w prawdziwym formularzu YC.

Batch YC: Summer 2019
Branża: Fintech
Wielkość zespołu: 7
Status: Active
Wystartowano: 2019

Foundersi

Max BallFounder
Jerry ChuFounder

Czym zajmuje się 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.

Aplikacja Lofty do YC, zrekonstruowana

Aplikacja Y Combinator

Lofty, batch Summer 2019. Prawdziwe pytania z formularza, odpowiedzi na podstawie danych publicznych.

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 dodatkowych odpowiedzi w pełnej aplikacji

Są w pełnej wersji. Utwórz darmowe konto, aby otworzyć je w YC Insights, obok każdego innego batcha YC.

Zobacz pełną aplikację

Często zadawane pytania

Czy to jest prawdziwa aplikacja Lofty do YC?

Nie. Y Combinator utrzymuje prywatność złożonych aplikacji. Jest to rekonstrukcja: prawdziwe pytania z formularza YC, na które odpowiedziano na podstawie publicznych danych Lofty (notatki o premierze, tło founderów, opis produktu). Pokazuje, jak firma taka jak Lofty przedstawiłaby się YC, a nie tekst, który złożyli.