Guest Post by Frank Richards
The Building of a Company
As an avid fan and investor in real estate I identified a significant gap in the residential investment market around 2004. I noted that 15-20% of all homes sold in the US are for investment. But I also discovered that there were no national platforms or proprietary algorithms that could help people identify the best investment markets and the best properties. Essentially there was no Charles Schwab for the residential investment market. I realized there was a great opportunity for a private banking platform to help people research, plan, acquire and manage residential real estate investments nationwide.
Read MoreWhile recently listening to a deal pitch-review, I watched a number of entrepreneurs selling “a better mousetrap”. Although they had some improvements in their technology- focused value proposition, they failed to understand the inhibitions to adoption in the market. I asked them to focus their attention on the inherent switching costs for customers who are […]
Read MoreClaremont Creek Ventures was founded in 2005 by Nat Goldhaber, John Steuart and Randy Hawks to pursue early stage investing in exceptional technology startups.