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Capital Allocators – Inside the Institutional Investment Industry

Jeff Glass - Home Equity Investment at Hometap (EP.418)

Capital Allocators – Inside the Institutional Investment Industry

Ted Seides – Allocator and Asset Management Expert

Investing, Capitalallocation, Business

4.8806 Ratings

🗓️ 21 November 2024

⏱️ 55 minutes

🧾️ Download transcript

Summary

Jeff Glass is the Cofounder and CEO of Hometap Equity Partners, a novel platform with $1 billion of investments alongside a mission to allow homeowners to access their home equity without having to sell, stress, or borrow. Jeff started the business eight years ago after a series of successes as an entrepreneur followed by seven years investing at Bain Capital Ventures.

Our conversation covers Jeff’s early lessons in sales, entrepreneurship, and investing that led to the founding of Hometap. We then discuss Hometap’s investment strategy, including the chicken-and-egg problem of starting the business, sourcing homeowners, sourcing capital, and developing the team, culture, and infrastructure that brings it all together.

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Transcript

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0:00.0

Hello, I'm Ted Sides, and this is Capital Allocators.

0:10.1

This show is an open exploration of the people and process behind capital allocation.

0:16.1

Through conversations with leaders in the money game, we learn how these holders of the keys to the

0:21.7

kingdom allocate their time and their capital. You can join our mailing list and access premium

0:27.8

content at capital allocators.com. All opinions expressed by TED and podcast guests are

0:35.0

solely their own opinions and do not reflect the opinion of capital

0:37.7

allocators or their firms. This podcast is for informational purposes only and should not be relied

0:42.2

upon as a basis for investment decisions. Clients of capital allocators or podcast guests may

0:47.1

maintain positions and securities discussed on this podcast. My guest on today's sponsored

0:53.2

insight is Jeff Glass, co-founder and CEO of Home Tap Equity Partners,

0:59.6

a novel platform with a billion dollars of investments alongside a mission to allow homeowners

1:05.4

to access their home equity without having to sell, stress, or borrow.

1:11.5

Jeff started the business eight years ago after a series of successes as an entrepreneur,

1:16.5

followed by seven years investing at Bain Capital Ventures.

1:20.8

Our conversation covers Jeff's early lessons in sales, entrepreneurship, and investing

1:25.9

that led to the founding of HomeTap.

1:28.8

We then discussed HomeTaps investment strategy, including the chicken and egg problem of starting

1:34.0

the business, sourcing homeowners, sourcing capital, and developing the team, culture, and

1:40.0

infrastructure that brings it all together.

1:42.9

Before we get going, we're in the home stretch leading into Capital Allocators University

1:48.4

for investor relations and business development professionals.

1:52.2

It's crunch time.

...

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