Invest in NYCE: Own real estate for $100 (“Robinhood of real estate.” - Yahoo Finance) | Wefunder
min $100
A Convertible Note is debt that converts to equity. If you invest, you're betting the company will be worth more than $50M in the future
Exactly 12 months ago, we opened up access to our then-$57M real estate (all self-funded), hoping to be a beacon of hope and contribute in our own way.Our overall mission was—and is—to create 100,000 millionaires of color by 2030, with a 36-month target to reach $100M in assets under management (AUM)
Instead, adding $478M to our real estate pipeline, acquired 1500+ luxury apartments, and set a record as the fastest real estate company to sell $1M via. Reg CF. we f*^%#% crushed that,
More importantly...NYCE brought together/created thousands of first-time BIPOC investors during a pandemic. 🙏 They’re even calling us the “Robinhood of real estate.” (We won’t shut down trading for you, though...)
In addition, we’ve (), opening up even further access to people of color—all colors—excluded from opportunity. created and leveraged technology via our app
And to this day, to retain control, we haven’t taken a single venture capital dollar
(As a direct apples-to-apples comparison, DiversyFund raised capital at a $93.7M valuation with ~2860 users.)
Yet, in under 12 months, we’ve surpassed (and outpaced) heavily-VC backed fintechs across several growth metrics MOM and YOY, including user growth and active AUM
We ALSO completed TEMPLE I, our first NYCE community-owned project. 💯
This is our Hacker House in the mini-Silicon Valley-style district we’re building inside Temple University’s campus in Philadelphia. (🔥) See attached deck
😏Peep the walkthrough here
Well, we pretty much smashed every single projection we set. Now, any intelligent business must adapt to the conditions of the marketplace
, we’ve expanded our growth focus to larger apartment complexes in booming Sun Belt markets—i.e. where people are moving to—picking up 1500+ apartments in Jacksonville, Austin TX, San Antonio, and a high rise in Virginia Beach.With Metro flight
Here are the next projects we’re building
And some existing ones we bought
Note: NYCE holds a controlling stake in these projects alongside joint venture partner LYND. Our goal is to create 100,000 NEW investors in 2021. With Reg CF rulings, we were capped at $1.07M, limiting us to “just” 2100+ investors. This year we can go significantly higher, per the SEC. AND this time, we’re not starting from scratch
Oh, by the way, we kinda blew up on social... What kicked everything off was one video I did 12 months ago. From there, we’ve built a dedicated following of 120K people on Instagram alone. Martin also cleared 1M in followers. (I guess being teammates with Messi and Shakira’s husband doesn’t hurt…)
Which we now leveraged into an exclusive wealth, our own personal hang-out spot for our investors, followers, and fellow wealth-hackers.-building community called the TRIBE™
There’s an exclusive investor-only group where you can always get in touch with the NYCE team. (And YES, Philip and Martin are active in there, too.)
We’re doing a limited round this time to kick off an EPIC 2021 and continue to spread the love. THIS time around, we’ll open up at an even lower price point than last so more people can join
Again, every decision we make is stress-tested against a very basic question:
“Does this bring us closer to 100,000 new millionaires by 2030?”
If so, then yes, we do it
And here we are.Note: Due to the intimate nature of the relationship with our early investor TRIBE (as well as our overall mission overall), we reserve the right to buy back any investment at par value inside a 12-month period if someone is deemed a bad fit for our community
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