006 How Groundbreaker is helping real estate investment firms find new investors
Probably the hottest sector in crowdfunding right now is real estate.
Investors are flocking to real estate crowdfunding platforms to get access and invest in real estate and they’re doing it in different ways: some platforms focus on investments in loans, others in equity, and others in professionally-lead large scale real estate projects.
Groundbreaker.co, a new player in the real estate crowdfunding space, has taken a different approach. The company works closely with some of the largest global real estate firms to use crowdfunding to raise money from its existing investors and to attract a whole new class of investors.
Co-founder and CEO Joey Jelinek joins your hosts, David and Zack, to talk about how the real estate industry is adjusting to this entirely new model for fundraising and what the future looks like for the entire real estate industry now that crowdfunding is proving itself viable. (Joey also shares some good resources with us to learn more about investing in real estate).
In our news segment, we talk about whether or not there exists a new crowdfunding bum class — and whether we need to donate or back every Tom, Dick, and Harry who throws up a crowdfunding campaign.
Watson on Crowdfunding talks about $4 million — the size of the recent investment in Spotify that occured on crowdfunding site, Microventures.
Lastly, Starkup Nation delivers on his favorite crowdfunding campaign of the week and (not) surprisingly, it has to do with water balloons.
Listen to the FULL episode
Resources mentioned in the podcast
- Daily Show launches $10 billion Kickstarter campaign to buy CNN (VentureBeat)
- Let’s Buy CNN (Daily Show)
- Groundbreaker.co
Resources mentioned by Groundbreaker.co’s Joey Jelinek
- Real Estate Game: The Intelligent Guide To Decision Making and Investment (William Poorvu)
- Real Estate Finance and Investments (Brueggeman and Fisher)