Zillow's co-founder has a big new idea

He's already IPO'd once – this time's different

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A Message From Pacaso Spencer Rascoff co-founded Zillow, scaling it into a $16B real estate giant. But everyday investors couldn't invest until after the IPO, missing 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. And unlike Zillow, you can invest in Pacaso as a private company. Here's how they're redefining the $1.3T vacation home market: 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: Pacaso offers investors the chance to capitalize on this fast-growing co-ownership model for just $2.80/share. On the back of continued international expansion, Pacaso is gearing up for their next phase. With record-breaking sales in Paris, 7 homes in Cabo, and the recently finalized purchase of their most expensive European home in London, their growth is happening fast. Don't miss your chance to share in it before Pacaso's share price changes. Join top firms like SoftBank and Maveron as a Pacaso investor for just $2.80/share by 5/29. This is a paid advertisement for Pacaso's Regulation A offering. Please read the offering circular at invest.pacaso.com. There's no guarantee that Pacaso will file for an IPO. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC. This is a paid advertisement provided to Schaeffer's Investment Research subscribers. Although we have sent you this email, Schaeffer's does not necessarily endorse this product nor is it responsible for the content of this advertisement. Schaeffer's makes no guarantee or warranty about what is advertised above.

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