Shaun Bassett is a Partner at PieLAB Venture Partners who manage Australia’s first real estate specific venture capital fund. The Real Estate Industry Venture Capital Fund 2016 (REIVC16) is a $20 million fund that invests in businesses that provide products and services to the real estate industry. The fund’s investors are owners of Australia’s leading real estate agencies who recognise that only by working together can the industry avoid being victims of technological disruption.

How to Reduce Risk

How to Reduce Risk  How to reduce risk when investing in early stage companies.  Many of our investors and guests at our inaugural investor day held in June, expressed interest in hearing more about how we invest to reduce risk. Specifically, what were some of the terms used, such as ‘Preference Shares’, and what’s the…

Blockchain Continued

Blockchain Continued We began our series on blockchain in December with a very brief explanation of blockchain and it’s foundations in crypto currency. In this article we will discuss the wider application of the technology in business by understanding how it can be applied to some specific use cases, including the transacting and managing of…

Would you place a $100,000 bet?

Would you place a $100,000 bet? Hundreds of real estate principals around Australia are doing just that – betting on businesses that are sometimes little more than great ideas. As a real estate principal running a successful business you’ve probably been presented with the opportunity to invest in the latest real estate technology business that…