4.6 • 683 Ratings
🗓️ 11 October 2018
⏱️ 19 minutes
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Andrew is the Co-CEO of Aperture, a real estate tech and investment company that has systematized the acquisition, rehabilitation and sale of distressed residential real estate across the US and is producing unlevered IRRs in excess of 50%. Aperture is launching its Property Coin ICO (security token), the first professionally managed portfolio of real estate assets and loans available via the blockchain to help fund the growth of its existing business. Prior to forming Aperture, Andrew was co-head of capital markets at the largest fix and flip operator in the US and before that was an investment banker focused on the residential real estate and mortgage industries for 12+ years. Andrew graduated from Babson College with a major in Finance.
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0:00.0 | founded aperture. He's trying to basically bring real estate investing to the masses in an |
0:04.7 | anonymized way using blockchain technology. It is a securitized token. They are getting ready right now |
0:10.0 | to do an ICO targeting 50 million bucks. They're kind of, they've got their white paper out. |
0:14.2 | You can check it out at the site. Again, invest in the property. They make money not by liquidating |
0:19.2 | a huge chunk of the ICO, but actually earning profits for you. They take profits while they make money for you, which is great. |
0:24.9 | And you don't actually have to, you don't actually have to reveal kind of who you are until |
0:28.7 | they pay the money out so you can take advantage of the appreciation. |
0:31.4 | This is the top entrepreneurs podcast where founders share how they started their companies |
0:37.3 | and got filthy rich |
0:38.8 | or crash and burn. Each episode features revenue numbers, customer counts, and other insider |
0:47.7 | information that creates business news headlines. We went from a couple of hundred thousand dollars |
0:53.9 | to $2.7 million. I had no money when I started hundred thousand dollars to two point seven million. |
0:55.2 | I had no money when I started the company. It was a hundred and sixty million dollars, |
0:58.8 | which is the size of any IPOs. We're a bit strapped. We have like a 22,000 customers. |
1:05.4 | With over five million downloads in a very short amount of time, major outlets like Inc. are calling us the fastest |
1:12.2 | growing business show on iTunes. I'm your host, Nathan Latka, and here's today's episode. |
1:18.9 | Good morning, everyone. My guest today is Andrew Jewett. He's the co-CEOO of Aperture, a real |
1:24.0 | estate tech and investment company that has systemized the acquisition, rehabilitation, |
1:28.1 | and sale of distressed residential real estate across the U.S. |
1:31.2 | And it's producing unleaded IRAs in excess of 50%. |
1:34.8 | The company is launching its property coin ICO, a security token, the first professionally managed |
1:40.2 | portfolio of real estate assets and loans available via the blockchain to help fund the growth |
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