Most fractionalized investment platforms are structurally unsound, says Entwistle
John Andrew · How Wander Raised Over $100M+ to Reinvent Luxury Travel · Sourcery with Molly O'Shea · May 28, 2025 · at 9:04
John Andrew Entwistle, CEO of Wander, contrasts Wander's institutional REIT structure with competing fractional investment startups.
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“In a world where, candidly speaking, like, most of these fractionalized investment companies are not exactly sound was something I was really, really proud of.”
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Entwistle predicts 95% of Wander operations will be AI-automated within 18 months
“But I see a path to what I would define as full deflection Meaning, like, 95% of these tasks being done by AI probably in the next, like, 12 to 18 months.”
Silicon Valley discriminates against older entrepreneurs, argues Entwistle
“I think that nowadays there is a culture of celebrating, you know, young founders, young entrepreneurs And so I wouldn't say that you actually have that much going against you. In fact, I would almost say a little bit of the opposite, that, like, if you are so…”
Series B standard is moving to $10M-$15M ARR, says Entwistle
“I'd say that probably today the minimum threshold is around five million of ARR. But really, like, 10 to 15 is starting to become standard. The sort of goalposts have moved quite a bit, and so I'd say that's rather difficult.”
Wander is approaching a $40M gross merchandise value run rate
“We're cresting a forty million dollar GMV run rate.”