Ben Miller, CEO and co-founder of Fundrise, discusses the launch of the Fundrise Innovation Fund and predicts established venture capital firms will follow the direct-to-consumer model.
“And I'm gonna bet you that within five years, the likes of Andreessen Horowitz, Sequoia, also launch funds just like this.”
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More from Ben Miller
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Miller: 150 VC-funded real estate crowdfunding competitors went out of business
“In 2012, we invented the idea of raising money for real estate on the internet. And within a few years, we had a 150 copycats, a 150 different companies trying to do what we were doing with a billion dollars of venture funding. So then roll forward eight years…”
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