Transcript
Introduction
Patrick
My guests today are Florian Hagenbuch and Mate Pencz, co-founders of Loft. Based in Sao Paulo, Brazil, Loft is a digital platform designed to bring Latin American real estate into the e-commerce age. The three-year-old startup scaled to over 150 million in annualized revenue in 2020, and is on track for multiples higher this year. We dive into the market opportunity in Brazilian real estate and how that differs from the US market, the value proposition for iBuying across the US and Latin American ecosystems, and touch on the potentials for loft to expand from real estate into adjacent services, such as mortgages. Florian and Mate are second time founders and have some great lessons shared throughout the episode. Please enjoy this great conversation with the founders of Loft.