Draper Startup House – Austin

Draper Startup House – Austin

A coliving community for entrepreneurs in the heart of Austin

Print
Security Type
Membership Units
Categories
Real Estate
Min Investment
$195
Location
Austin, TX
Offering Date
October 29, 2020
Expected Close Date
December 31, 2020
Target Raise
$39.00K-$170.63K
Deal Notes

Total Capitalization: $1,950,000

Anticipated Hold Period: 3-5 years

Targeted IRR: 7%

Annual Dividend: 4.18%

Company Description

We think everybody should be able to participate in the growth and prosperity of the cities and neighborhoods they are helping to build.

Compound is the easy way to build a diversified portfolio of beautiful properties in some of the world's best cities. Compound slices each property into 100,000 equity interests so investors can realize the economic benefits of ownership without the hassles and headaches. Investors receive potential dividends from rental income and build wealththrough potential appreciation.

Key Deal Facts

5-bedroom, 4-bathroom house in one of Austin's most desirable locations
Austin ranked #1 place to live according to US World & News
Property net leased to Draper Startup House for three years upon closing
Draper Startup House provides entrepreneurs with unique co-living community
Home values in Austin have appreciated by 85%+ over the last 10 years
Austin had the 5th largest population gain since 2010 based on US Census

Management Team / Advisory Board Bios

Janine Yorio
CEO

Jesse Stein
COO

TJ Kawamura
Head of Product

Jawwad Khan
Head of Growth

Julia Schwartz
Head of Marketing

Kostas Ketikidis
Operations

Deal Notes

Total Capitalization: $1,950,000

Anticipated Hold Period: 3-5 years

Targeted IRR: 7%

Annual Dividend: 4.18%

Amount Raised : $34,832
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Membership Units represent ownership rights in a Limited Liability Company, indicated by the right to receive cash or unit distributions, declared by the Manager(s) of the LLC, and having voting rights in the governance of the Company.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments