Groundfloor's 2016 Results

We’re often asked, “How’s Groundfloor doing as a company?” Looking back on 2016, we’ve prepared a graphical summary to answer that, and thought some additional commentary might help put the data into context.

Growing a startup often requires facing down tradeoffs that tempt a management team to drift off-course and off-mission. Four years after our founding, at Groundfloor we remain steadfast in our commitment to restructure the capital formation status quo, even though delivering equal access and opportunity to invest has come at a price. In particular, although we’re proud of having grown origination volume 621% to $16.5 million in 2016 (among other 2016 growth stats), we could’ve chosen to grow faster, sooner. Indeed, while we stood pat to maintain a broad and inclusive base of capital, many peers in “real estate crowdfunding” made Faustian bargains with institutional capital to achieve even higher growth rates. We haven’t, and won’t.

Read more about it and check out the full infographic on our blog at https://blog.groundfloor.us/groundfloorblog/groundfloor-2016-progress-report