Ale Resnik, an Argentine entrepreneur who just raised $ 80 million in a round with investors.
In a difficult time to obtain funding for startups and new initiatives, the Argentine company Ale Resnik raised $ 80 million in Silicon Valley in its fourth investment round.
With this financing, the company you are looking for revolutionize the rental market in the United States it will continue its expansion in that country. And for this, Resnik tries to seduce local talents.
“We have over 100 searches open for the next 18 months. We focus on IT professionals from Argentina, Mexico and Colombia. I am convinced above all of the value of Argentine talent and I also think that he is a good opportunity for computer engineers of the country, to work 100% remotely at a Silicon Valley company, “Resnik explained.
In dialogue with Clarionethe entrepreneur has highlighted that one of the positive externalities of the pandemic is precisely that “There are no more borders to attract talent”: “What excites me about these searches is that they create the opportunity for a person who is in Argentina work on high-level problems in Silicon Valley, which is the mecca of technology companies in the world ”.
“Despite having lived in the United States for several years, I still believe so Argentine human capital is a competitive advantage for our country “, he has declared.
“I believe in capitalism with intention. In addition to generating sales and profits, I believe that the opportunity we have as entrepreneurs is to seek solutions to various problems,” he said, explaining that his company Belong was born from need to connect people with their future home.
“Although they look very different, the American and Argentine rental markets have things in common. On the one hand, the fact that an average worker in the United States, with average salaries, high for the rest of the world, of 50,000 US $ per year, You can’t buy your houseResnik says.
Belonging acts as bridge between landlords and tenantshelps them conclude the contract and is 100% responsible for the administration of the property for the duration of the contract: from maintenance to rent collection, everything is managed by this platform.
In addition, it allows the owner to receive rent advances and the tenant assigns 3% of the rent to an investment fund that helps them save for their next home.
Thus, the company adds more than 500 employees, including developers, portfolio managers and even plumbers and electricians. And they all have a stake within the company.
The company, founded in 2018, already manages $ 2 billion in rental properties has 10,000 customers divided into four cities in the United States and the idea is to land in Miami by the end of the year. Resnik’s bet is to “bring Argentine DNA to Silicon Valley“and, for now, excludes the transfer of this business model to other countries in the region.
NEITHER
Ana Chiara Pedotti
Source: Clarin