Given the short timeline, the one month will fly by! We expect you to attend one webinar every week and at least one 1:1 with the Paralect team. This allows not only us to get to know you as a founder but also for you to get to know us as a potential partner!
01
Build in Public
03
Build in Public
02
Commitment
Why is it important?
Given the short timeline, the one month will fly by! We expect you to attend one webinar every week and at least one 1:1 with the Paralect team. This allows not only us to get to know you as a founder but also for you to get to know us as a potential partner!
Myne
Chris Elward
•
Myne
•
United Kingdom
B2C
Product Overview
Venture Partner @ Paralect
Making short-term rental investing more accessible by allowing users to pool their money and buy a share of a property like a stock.
PropTech
Joe Howard
Chris and Joe are at the right stage for whom we want to work with. Their goal to validate that there is a market and then progress it to a working MVP is very much aligned with us - a strong problem first approach. Chris has a formidable design background and has owned rental properties, and Joe has worked in the startup innovation space for a couple of years, making them a stong founding team to work with.
Chris Fernandes
Co-founders
LIVE
Why we chose Myne
Startup traction
Will be updated on Feb 27, 2023.
What we expect from you during the program
B2C
Retail investors looking to further diversify their portfolios / they have already started by investing in asset classes like commodities, stocks, bonds, funds, cryptocurrencies, NFTs, crowdfunding (e.g. Seedrs) and potentially luxury commodities like wine, whiskey, art and watches. Investors who are active in their decision making (not just direct debit investments).
People who are looking for a passive income but have struggled e.g. failed attempts at Amazon FBA.
People who are looking for a passive income but have struggled e.g. failed attempts at Amazon FBA.
Target audience
Property investing has traditionally been a safe and lucrative investment, however the barrier to entry is extremely high. The barrier to investing in short term rental properties is even higher due to renovation and management fees as well as large time commitments. Thus, has been inaccessible to retail investors as a potential asset class.
Problem
Previous experience owning and managing an Airbnb - fully aware of the time it takes and the cost involved in running an Airbnb as a certified 'Super Host'.
Founders are typical target market as retail investors.
Background in innovation and coaching early stage founders to raise investment.
Founders are typical target market as retail investors.
Background in innovation and coaching early stage founders to raise investment.
Why are you the right founders?
Grow a waitlist of roughly 500-1000 customers who would be willing to part with money to crowdfund our first short term rental.
Goal for the Bootcamp
Biggest challenge
Lack of technical knowledge.
Apply to the Next Batch
Apply now
The application will be opened on March 1, 2023.
