Happy New Year to our GROUNDFLOOR family and friends, near and far!
Yesterday morning, I was prompted with a poignant memory. It was five years ago, the notification on my phone reminded me, that GROUNDFLOOR launched our very first project to the public for investing.[...]
This week we were thrilled to launch our online public offering, welcoming over 800 new shareholders in our company and adding another $2.5 million of capital to fund our ongoing expansion. With the l[...]
Yesterday was an important day for GROUNDFLOOR, for our growing community of microlenders and for the long-awaited eventuality when the full force of the Internet will be felt in finance.
It was just over one year ago that this community of microlenders started funding our first loan. Back then, we funded one or two small loans at a time. By law, because we offer the opportunity to inv[...]
The earliest days of a startup are in retrospect ephemeral, but not while one is going through them. Nick and I incorporated Groundfloor two years ago today. That marked the critical crossroads where [...]
“In the past 180 years, the U.S. housing finance system (HFS) has evolved from an informal/communal institutional arrangement to one of the most well-functioning and extensive financial intermediation[...]
Today we are introducing a significant GROUNDFLOOR upgrade and dropping our minimum investment to $10. Those changes are closely related to one another, as well as to our mission as a company. In a wo[...]
It was six weeks ago that we posted news of our move to Atlanta and closing $1 million in seed financing. Since then, good things have continued to happen for GROUNDFLOOR. Here a few of the highlights[...]
The team here at GROUNDFLOOR recently engaged in an important debate about complexity vs. simplicity as we prepared for some exciting updates you'll start seeing soon. We want to hear what you think. [...]