Thursday, February 27, 2025

Good Afternoon!

Today, I’m excited to introduce our partner, Pacaso, the leader in vacation home co-ownership. They’re redefining how people invest in and enjoy luxury second homes—and now, they’re offering an exclusive investment opportunity to our readers.

All the details are below.

As always, thanks for your time and support.

— Cole, CEO

Spencer Rascoff co-founded Zillow, scaling it into a $16B real estate giant. But everyday investors couldn’t invest until after the IPO, missing the early gains.

"I wish we had done a round accessible to retail investors prior to Zillow's IPO," Spencer later said.

Now he’s doing just that. Spencer has teamed up with another Zillow exec to launch Pacaso. Pacaso’s co-ownership marketplace is disrupting the $1.3T vacation home market. And unlike Zillow, you can invest in Pacaso as a private company.

They’re not just reshaping ownership – they’re redefining the $1.3T vacation home market. Here’s how:

Disruption: Pacaso transforms underutilized vacation properties into fully utilized, co-owned assets. They’ve facilitated $1B+ in transactions and earned $100M+ in gross profits.
Ecosystem: Pacaso’s digital marketplace allows buyers to seamlessly co-own, sell, and finance shares of luxury homes while managing scheduling, maintenance, and design.
Opportunity: Until midnight, Pacaso is offering investors the chance to capitalize on this fast-growing co-ownership model for just $2.70/share.

And on the back of impressive first-half earnings that saw the company grow adjusted gross profits by 38%, Pacaso is now focused on international expansion.

With record-breaking sales in Paris, seven homes added in Cabo, and their most expensive European property yet recently bought in London – it’s happening fast.

Don’t miss your chance to share in their growth. Just be aware: with the expansion already underway, the current share price won’t last long. Invest in Pacaso for $2.70/share by midnight PST.

This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com.

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