Hacker News new | ask | show | jobs
by loftyai 2507 days ago
Customer testimonials is a great idea! Will add those to our site when we get a minute to do so.

As you said, they would probably go along way towards providing some additional comfort to any one who has some interest but is cautious about moving forward.

The questions you raise regarding our business model are good ones. As mentioned elsewhere in the comments, a fund is something that would be interesting but that we just don't have the capital for at the moment. Furthermore, our initial motivation for creating Lofty was to address the pain point of people wanting to buy a home but being cautious about the risk. As such a pivot to a fund, while similar in nature (and perhaps simpler in some ways), would be a pivot from addressing a real pain point we see in the market to just becoming another real estate fund and is in part why we are hesitant to do so, on top of the higher capital requirements.

Appreciate the feedback!