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Student.com Is Disrupting $200B Student Housing Asset Class

by trusted insight posted 2years ago 528 views
I had the privilege of visiting Student.com HQ and meeting CEO and Founder, Luke Nolan and my brother Shakil Khan, who helped build Spotify into a $10 billion-plus valuation company. 
 
* Student.com is disrupting student housing, an asset class where institutional investors invest more than $200 billion a year.
* They are partnered with some of the smartest investors in the world, including Li Ka-Shing (Spotify, Facebook and Deepmind) and Jim Breyer (Facebook)
* They were a stealth company until they achieved a $110M in run rate before lifting the veil. 
* They are attacking a segment that typical Valley VCs do not "get."
* They are the bookings.com for university housing, bringing yield management to a fragmented marketplace.
* They are a big data platform that already has immense data network effects, with 1,000 universities in 426 cities participating.

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