When Jamie Hodari started looking for funding for his New York-based co-working startup, Industrious, in 2012, he didn’t even bother talking to venture capital firms. “We were just so confident that VCs didn’t fund real estate that it wasn’t worth trying,” he said. Instead, Hodari and his co-founder, Justin Stewart, went to anyone they knew — parents, siblings, aunts, uncles, friends — who had money and pitched them on investing in individual locations. While they […]
source https://therealdeal.com/issues_articles/venture-capital-cover-story/#new_tab
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