Boxabl: CfPA Crowdfunding Issuer Interview Series
Boxabl is an American housing construction technology company based in Las Vegas, Nevada. It was founded in 2017 by Paolo Tiramani, Galiano Tiramani and Kyle Denman to supply accessory dwelling units (ADUs). It is among the most successful companies to have benefited from regulated investment crowdfunding having raised over $160 million. This interview was conducted with Galiano Tiramani.
INTERVIEW
CfPA: Can you tell us a little bit about your company? What does your company do and at what stage is it?
GALIANO: Boxabl operates factories that produce a new kind of housing. We have technology that we believe will allow us to mass produce housing on a scale and for a cost that was never before possible. Our goal is to dramatically lower housing costs for the world.
CfPA: What's the market in which you see your company operating?
GALIANO: Our initial product is a small studio apartments. After that we will roll out a system of room modules that stack and
Named the 3rd Fastest Growing Company in Canada - for good reason
All founders and leaders know how hard growth is. Most days it comes as incremental steps - but sometimes, it's an exponential phenomenon that is powered by the incredible team you've built. This is one of those days.
With our office HQ in Toronto, but our satellite offices in Texas and Florida, we are proud to be named Canada's 3rd fastest-growing company for 2022. Although we are #3 overall, we are #1 in the Tech category.
We are building the 'Shopify solution' for the capital markets with a focus on making it easy for brands to transition from traditional venture capital (VC) raises to a more global, digital solution.
We are focused on serving our issuers and partners - which sets us apart from our competition. Crowdfunding portals are typically focused on attracting investors and providing value to them. Our technology is focused on powering up our partners to raise multiple deal types for multiple issuers AND providing a solid, innovative, end-to-end solution for issuers to ...more
What Financial Returns Should Investors Expect from Equity Crowdfunding?
It’s no secret that investing in early-stage, private companies is extremely risky. As with any investment, investors need to balance this increased risk with an increased potential reward.
So what kind of financial returns should you expect - and demand - as an equity crowdfunding investor?
While equity crowdfunding is still in its infancy, we can look at a combination of past early-stage investment performance along with some current equity crowdfunding results to begin to build a picture of what types of returns investors might seek.
After all, if there is only a minor boost in returns offered between passive public market index funds and the active efforts involved in screening equity crowdfunding deals, many investors will likely stick with ETFs and index funds.
First, we will look at some private market studies on Angel Investors and Early-Stage VCs that suggest early-stage investments have historically obtained an average ~26% Internal Rate of Return (IRR).
Next, since ear...more
- 1