realestate

Young Entrepreneur Saves Failing Startup, Secures $58M from Google Ventures

Buena's CEO Din Bisevac secures top investor backing and explores mental health chatbot, Ty Haney's potential return.

D
in Bisevac, a 26-year-old entrepreneur and former YouTube child star, has led his company Buena through a remarkable turnaround. Two years ago, the German real estate startup was on the brink of collapse after burning through $14 million. However, with Bisevac at the helm as CEO, Buena has reinvented itself as a software platform offering property management tools for landlords.

    The company's new direction has proven successful, with over 60,000 apartments managed across Germany and $25 million in annual recurring revenue. Buena's clients are primarily private individuals, but it has also begun working with institutional investors managing hundreds of units.

    Bisevac's goal is to make property ownership accessible to the younger generation, similar to Robinhood for real estate. He aims to create an end-to-end platform where users can find apartments, buy them through Buena, and have the company manage and finance their properties.

    The recent $58 million Series A funding round led by Google Ventures will fuel expansion across Germany and eventually into the US market, valued at over $50 trillion. Bisevac's vision is to become a leading player in the real estate industry, leveraging technology to simplify property management and make it more accessible to a wider audience.

    Meanwhile, Neil Parikh, co-founder of Casper, has launched a new startup called Slingshot AI, which aims to replicate the experience of talking to a human therapist through a chatbot. The platform is designed to provide accessible therapy services, but some may wonder why not use existing tools like ChatGPT instead.

    In other news, Autumn-Kyoko Cushman, co-founder of ShiftRx, shares her story as a burned-out clinician who turned her passion into a digital marketplace connecting healthcare facilities with clinicians. She emphasizes the importance of community and collaboration in addressing staffing gaps and improving patient outcomes.

    As for Bisevac's personal life, he has traded his internet stardom for entrepreneurship, using his storytelling skills to drive Buena's mission forward. His goal is to make property ownership more accessible to younger generations, and with the recent funding round, he's one step closer to achieving it.

Entrepreneur saves startup, secures $58M investment from Google Ventures in Silicon Valley.