The Evolution of Lofty (Jerry Chu)

The Froggy Five Episode #009: Jerry Chu, CEO of Lofty, discusses the evolution of his company from initially offering AI-powered neighborhood prediction software for real estate investors, using unconventional data sources like Yelp reviews and street view images. They pivoted due to high churn among users who faced difficulties in closing real estate deals after finding promising properties. Lofty now operates as a platform enabling fractional ownership of over 150 properties, simplifying the investment process for users who lack time for traditional real estate transactions.

 

Lofty: https://www.lofty.ai/

 

Froggy Companies: https://froggycompanies.com/

 

Listen to the full episode now:

YouTube: https://youtu.be/zNvnJIgx_gY?feature=shared 

Spotify: https://podcasters.spotify.com/pod/show/froggy-companies/episodes/The-Froggy-Five-9-Jerry-Chu-Lofty-e2lite1 

Podbean: https://FroggyFive.podbean.com/e/the-froggy-five-9-jerry-chu-lofty-ai/

 

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