PS - if you liked this, you will love my daily markets newsletter. The only flow that they need now is probably cash flow… 💵 🤔Īdam’s investors were understandably mad about losing $47bn, so they made him sign a noncompete which expires in October.īut in the interim, they’ve amassed a portfolio of 3,000 apartments and employ over 150 people. Market whispers also say that they will incorporate a digital wallet for crypto. and a 'mechanism that will share some value with tenants' (probably some form of fractional ownership) a financial services arm (no one knows why) a real estate fund that owns the buildings a tech-first company that manages the buildings There are 4 key pillars to Flow's business. (note to self - Mummy Papa ka ghar is 𝗯𝗲𝘀𝘁) they'll want to live in their own private space, as part of a community.

so young folks are gonna spend 70% of their time at home They're basically betting on the fact that. 𝟲𝟲% of young adults in USA are renters.Īnd the average young adult spends ~𝟯𝟱% of income on rent.įlow wants to build a community-styled living space for these renters. Here's some stuff you didn't know about his latest venture, Flow. Today, the company is worth $220mn - less than half of Adam's payout. LetsVenture Nakul Saxena Jay Magdani Syna Dehnugara Pranav Mahajani Roopesh Kumar Tejas Panchal Dipti NairĪdam Neumann got $445mn when he left WeWork. It is a post for #founders who are looking to raise or already are in the process. I have a preference for FinTech (anything around wealth management, infra building for fintech), Enterprise tech, and marketplaces.ītw: this is not a marketing message. Vanity metrics does not excite me, so keep it real. My cheque sizes are typically 100-300k, and I like founders who deeply understand the problem they are trying to solve, understand that company building takes time. If you're a founder looking for a partner in your journey, beyond capital, apply on this link and put my name as a referral. Having written three cheques in the last two months, I plan to wait until #LetsIgnite2023, scheduled for 12th Oct in Bangalore. We are seeing great mix of HNIs'/Family offices in our deals now. It's difficult to reach such founders, but karma does play a role :)ģ. Some of the best founders have been quietly building, staying away from the hype. However I have committed to one in the idea stage too. Startups that are closing funding are those where there is good customer validation, and early revenues. I think we are now entering the recovery phase!Ģ. Early-stage activity is always a leading indicator of market behaviours, be it a slowdown or recovery. This combined with the activity on LetsVenture - here are some key takeaways:ġ. In the last few months, I've met with a lot of my portfolio founders, received some great referrals for co-investment and committed to 3.

Read here for more: or contact Hardik Gesota, Head of India Private Funds and the fund manager for CIGF2.ĬLI launches new business park development fund in India

“India is a core market for CLI where our business parks enjoy high occupancy, fuelled by demand from multinational corporations and local companies from the IT / IT-Enabled Services industry. The office and business park sector has been the most established and resilient asset class in India, and it provides stable recurring income through long-term leases with large corporate tenants,' said Sanjeev Dasgupta. 'India is one of the fastest growing economies in the world, anchored by its strong macroeconomic fundamentals and rapid urbanisation. Besides business parks, we see opportunities to invest in new economy assets such as data centres, logistics and industrial properties in India through our private funds,” said Simon Treacy. Including CLI’s equity contribution for its 20% sponsor stake in CIGF2, total equity commitment for the first closing is S$368 million (INR 22.9 billion). This is expected to add approximately S$700 million to CLI’s funds under management. #CapitaLandInvestment (CLI) has launched a new #businesspark development fund, CapitaLand India Growth Fund 2 (CIGF2), with a target fund size of S$525 million to invest in Grade A business parks in prime locations across gateway cities in #India.ĬLI has secured S$263 million from a global institution for a 50% stake in the fund’s first closing.

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