The startup uses Airbnb to provide innovative new paths to affordable housing. That can be good because the bad ideas will die quickly. See others named Yifan Zhang Thank you for accessing our content on the Topio Networks Market Intelligence Center. He had to decide between Muncie, Indiana, where Ball State was located, or Philadelphia. See what Yifan Zhang will be attending and learn more about the event taking place Oct 8 - 12, 2018 in Seattle, WA, USA. Q: And then came GymPact, where you spent about seven years. Greater Seattle Area. Yifan Zhang Master of Financial Economics at University of Oxford. That’s quite a change. Q: How do you think that experience shaped you? www.vbprofiles.com is now www.topionetworks.com. Q: You had an entrepreneurial bug in college. And I realized that you could help people get into homes and then offer Airbnb in a spare bedroom over a three-year period and actually make back that down payment with a profit. Loftium is a technology startup that offers premium rental experiences at affordable rates with built-in income. How Do You Price Your Startup’s Next Round Of Funding. I haven’t been able to watch a lot of movies. Yifan Zhang is one of the few who said no to both. 07 Feb 2018. When I moved to Seattle last summer, I bought my first home. Loftium. I spoke this week to Yifan Zhang, founder of Loftium, who is trying to make this ubiquitous dream a reality. Yifan Zhang. That includes investors, employees, and customers. Yifan Zhang Principal Biostatistician Parsippany, NJ. More demand than there is supply in Seattle, but there have been outside interest as well. CEO & Co-Founder of Loftium, which provides down payments based on rental income. The company is called GymPact and over the last seven years, it has given out about $5 million to its members. “Everything I Never Told You,” by Celeste Ng. All that is part of the normal mindset that a lot of people have in San Francisco. So you have more room to grow something. See others named Yifan Zhang Yifan Zhang’s Loftium banks on financing your AirBnb down payment. Seattle, WA. Yifan Zhang is one of the few who said no to both. Loftium has 3 current team members, including CEO & Co-Founder Yifan Zhang. Bekijk anderen die yifan zhang heten In this episode, you’ll hear about:-How Loftium was inspired by Yifan’s own experience when she and her husband moved to Seattle and started renting out a spare bedroom-The new market Loftium has created for home buyers, and the company’s initial traction since its … “A lot of the people who like this idea are already living with roomates or their parents, so this is a better situation for them,” Loftium co-founder Yifan Zhang told the paper. People move fast and they’re always after the next hot opportunity. London, England Metropolitan Area. Yifan Zhang. Many of the people there had never met a foreigner before. We look forward to providing you with even more cutting-edge market research, as Topio Networks. Yifan Zhang Principal Biostatistician. Yifan Zhang Master of Financial Economics at University of Oxford London, England Metropolitan Area. The startup, which Zhang thought up in her behavioral economics class, featured an iPhone and Android app that would award cash rewards to members for hitting healthy goals — paid by members who don’t. We recently caught up with the very sleep-deprived founder about her new venture as well as her remarkable backstory which began years ago in Nanjing, China, when she was seven years old. Thank you for your continued support. Episode 48: Yifan Zhang, Loftium. Beijing, China. But I found myself starting various things, even though they weren’t businesses. By the time I became a senior, I was pretty excited to start my own company, and that ended up being Styleta. Yifan Zhang Blue Lake Capital - Director Beijing, China. Week 48: Yifan Zhang, Loftium Week 48: Yifan Zhang, Loftium I’ve come to realize that in your late 20s and early 30s, where you “are” in life varies significantly from that of your peers. Yifan Zhang CEO, Loftium. Advisor of Rock Health, Stanford Medicine X, Harvard Med School SMArt Initiative, Internet Publishing and Broadcasting and Web Search Portals. My dad was studying in graduate school and my mom actually took a job as a waitress at a Chinese restaurant. To access all the content for free, please sign up by entering your email. Yifan Zhang. It has to be my mom. When you receive an invitation to attend Harvard Business School or join the Boston Consulting Group, two of the world’s elite business institutions, the answer is usually a no-brainer. Unlike her first startup — a non-profit that collected donated clothing and then donated the proceeds to charity partners — this one was designed to pay the bills. Feb 11, 2020. https://joe.coffee/about/ Small Change asks Yifan Zhang 3 questions about her startup Loftium. In our latest real estate tech entrepreneur interview, we’re speaking with Yifan Zhang, the co-founder and CEO of Loftium. YIFAN ZHANG (DIRECTOR) LOFTIUM, INC. TEXAS FOREIGN FOR-PROFIT CORPORATION: WRITE REVIEW: Address: 217 Pine St. Suite 600 Seattle, WA 98101: Registered Agent: C T Corporation System: Filing Date: November 20, 2019: File Number: 0803475590: View People Named Yifan Zhang in Washington: Contact Us About The Company Profile For Loftium, Inc. I spoke this week to Yifan Zhang, founder of Loftium, who is trying to make this ubiquitous dream a reality. She’s so strong and works so hard. It depends on my mood, but one I that like is, “Every day you can decide this is not how the story ends.” It’s very empowering and I guess part of the entrepreneurial journey. That’s because, Zhang, still a Harvard undergraduate at the time, was busy putting the finishing touches on her second startup. I had left San Francisco in part because of the housing prices. Talk about how that came about. He really didn’t know the difference and so he chose Muncie. ... Yifan Zhang, a 29-year … Yifan Zhang. Yifan Zhang CEO, Loftium Seattle, WA. We’re a small and capable team that’s fast-paced, experiment driven, diverse, and places a premium on learning, experimentation, and results. Yifan Zhang is an entrepreneur interested in using technology and incentives to impact consumers for the better. Career Development; Yifan Zhang is the CEO & Co-Founder of Loftium, a venture-funded startup that gives down payment based on Airbnb income. Week 48: Yifan Zhang, Loftium Week 48: Yifan Zhang, Loftium I’ve come to realize that in your late 20s and early 30s, where you “are” in life varies significantly from that of your peers. My teacher just put me in front of the computer to play games. Yifan Zhang CEO, Loftium Seattle, WA. In my sophomore year there, some friends put together an entrepreneur’s club and that also led to an internship with Flybridge Capital in Boston. Yifan Zhang, a founder of the new startup Loftium, at her home in Seattle in a room that she rents out through AirBnb. It was very different. We were overwhelmed by all of your thoughtful questions! Yifan Zhang. Seattle, WA. It was not something my family had expected. It seemed too risky. See the complete profile on LinkedIn and discover Yifan’s connections and jobs at similar companies. We did not know any other Chinese families, so we had to assimilate because there was no alternative. I was really excited. Yifan Zhang is an entrepreneur interested in using technology and incentives to impact consumers for the better. Yifan Zhang founded Loftium, Inc. and Pact, Inc. Current Team. Yifan Zhang. Sched.com Conference Mobile Apps Techstars Startup Week Seattle 2018 has ended Loftium launched in September. Yifan Zhang CEO, Loftium. Eve was joined by a panel of housing innovators, including Yifan Zhang , founder of the startup, Loftium . Both he and my mom are landscape architects. Loftium CEO Yifan Zhang said the company didn’t intend to imply rents could go up but did not say how renters should have interpreted its message. Q: When you compare the business models in Seattle with San Francisco, do you find any major differences? Yifan Zhang CEO, Loftium. 2791 anderen door wie yifan zhang is genoemd, gebruiken LinkedIn. Yifan Zhang. Q: What’s the craziest thing about you that your work colleagues don’t know? So we moved from Nanjing, which was a super-urban environment, to a small college town in Indiana. Presently, Ms. Zhang occupies the position of Chief Executive Officer for Loftium, Inc. and Chief Executive Officer for Pact, Inc. Parsippany, NJ. My formative years as an entrepreneur happened in the Bay Area and I didn’t realize how much that mentality became part of me until I left and came to Seattle. It’s a new model to help homeowners bridge that initial, and often intimidating, affordability gap. We can’t thank you enough for renting with Loftium and helping us to improve, both as a company and as individuals, too.-Yifan Zhang, CEO. The community was very welcoming to us. I had never left the country before. It gives you a down payment in exchange for splitting Airbnb income in a spare room for 12-36 months. Q: Is there a favorite quote you live by? Yifan Zhang, a founder of the new startup Loftium, ... Yifan Zhang, a 29-year-old entrepreneur who often hears this lament among her friends, has come up … You don’t have that same speed in Seattle, so if you are trying to build something that takes a little bit more time, people are more patient. Seattle, WA. remove-circle Share or Embed This Item. The main thing I remember is that I always loved to eat bread — which was really strange in China — and my relatives were all like, “Oh, you’ll be a perfect fit because bread is all they eat in the US.” They had this idea that all Americans do is eat bread all the time. I started a tutoring club in high school and then started various groups when I was at Harvard. We definitely were not well off. Yifan Zhang. Does it allow tenant who sublease to operate airbnb? San Francisco is just very unique. Yifan Zhang Blue Lake Capital - Director. I did not know what was going on and had to learn from observation what was appropriate behavior and why people did what they did. I am a landlord that is interested in signing however it looks like Seattle rental law requires home owners to operate airbnb and restrict it to 2 units with one being as primary. When I saw the change, I felt a lot of responsibility for that and felt the need to do well to provide a better life for them later down the line. In China, they had both been white collar workers and respected. Yifan Zhang Blue Lake Capital - Director Beijing, China. Loftium expands to broader Seattle metro, offering homebuyers down payment assistance if they Airbnb a room Travel Apps & Services. “The vast majority of people who are able to buy early were all getting help from their family and friends,” says Stelle, who started Loftium with cofounder and CEO Yifan Zhang about a year ago. Q: For a little kid arriving from the other side of the world, what was that like? My family wasn’t able to get green cards for many years, and we couldn’t return to China to visit my family until I turned thirteen. But if you’re working in a harder space or one which just takes a little bit longer to figure out, the ideas just may need more time or a few tweaks to develop. Yifan has 9 jobs listed on their profile. Yifan Zhang CEO Loftium.com. Uh-uh, nope. But I’ve been waiting for this moment for a long time. Yifan Zhang. Various people from the churches would stop by and show my mom how to do things, like go shopping. But I think they also sometimes tend to give up more quickly on an idea rather than think things through. When I was still in high school, I never even thought that I would one day go into business, let alone do a startup. So we were just alone in the US. Techstars alum and mentor. Lofitum provides down payments for people who are hoping to buy a home but can’t, in exchange for a revenue split of the profits made from housing an Airbnb occupant. Episode 48: Yifan Zhang, Loftium Item Preview podcast_52-founders_episode-48-yifan-zhang-lofti_1000394295908_itemimage.png . How did you deal with it? We want to make sure you get the most out of our platform. Yes, of course! I ended up in my first-grade classroom not understanding anything. View Yifan Zhang's profile on AngelList, the startup and tech network - Entrepreneur - Seattle - Co-founder and CEO of @loftium. Loftium CEO Yifan Zhang said the company didn’t intend to imply rents could go up but did not say how renters should have interpreted its message. @harvard-university 2010. Yifan Zhang. Yifan Zhang CEO, Loftium Seattle, WA. My dad wanted to come to the US for graduate school. In this episode, you’ll hear about: -How Loftium was inspired by Yifan’s own experience when she and her husband moved to Seattle and started renting out a spare bedroom -The new market Lo... – Luister direct op jouw tablet, telefoon of browser naar Episode 48: Yifan Zhang, Loftium van 52 Founders - geen downloads nodig. I rented out an extra bedroom on Airbnb and saw how much money someone could bring in. By Chris Kenji Beer Northwest Asian Weekly. By the time I started second grade, the school had found an ESL teacher and I was able to do one-on-one English classes. February 22, 2018 By Northwest Asian Weekly. Working Geek: Loftium CEO Yifan Zhang defies expectations, eschews workplace egos People. Techstars alum and mentor. Techstars alum and mentor. Yifan Zhang. CEO & Co-Founder of Loftium, which provides down payments based on rental income. Q: When your parents told you the family was leaving China for the US, what did you think? But I definitely remember the feeling of being an outsider. Yifan Zhang CEO, Loftium. GeekWire. I never even thought that I would one day go into business, let alone do a startup. Actually, I think I was a late bloomer. Same platform but with new and improved features. But they definitely don’t know that I was my high school prom queen. Yifan Zhang Blue Lake Capital - Director. The company, called Loftium, would distribute payments of up to $50,000 to people buying their primary residence. Yifan Zhang. Yifan Zhang Master of Financial Economics at University of Oxford. Q: And you landed in Indiana? I met her at the Future of Home Buying panel during Seattle Startup Week event last week. Loftium. Here are some of the highlights from the webinar: Q&A from Loftium Renters. Loftium is a fast growing Seattle-based technology startup that uses Airbnb to make housing more affordable. I didn’t speak any English when I came here. I’m a pretty open person and they know a lot of my quirks. Loftium has 3 current team members, including CEO & Co-Founder Yifan Zhang. She previously was the CEO and Co-Founder of Pact (formerly GymPact), a fitness app startup backed by Khosla Ventures and Max Levchin's HVF Labs which has been featured in NYTimes, Boston Globe,TechCrunch, Entrepreneur, and more. Eve was joined by a panel of housing innovators, including Yifan Zhang, founder of the startup, Loftium. Number of Current Team Members 3. Thanks. Yifan Zhang. Loftium makes money by collecting enough income from Airbnb customers. That’s why we were thrilled when our friends at Lerer Hippeau Ventures connected us to Yifan Zhang and Adam Stelle, the founders of Loftium, in … In this episode, you’ll hear about: -How Loftium was inspired by Yifan’s own experience when she and her husband moved to Seattle and started renting out a spare bedroom -The new market Lo... – Luister direct op jouw tablet, telefoon of browser naar Episode 48: Yifan Zhang, Loftium van 52 Founders - geen downloads nodig. Q: That’s a lot of culture shock to absorb — both for you and your family. Yifan Zhang Blue Lake Capital - Director. How did that come about? Peking, China. 2796 others named Yifan Zhang are on LinkedIn. Lofitum provides down payments for people who are hoping to buy a home but can’t, in exchange for a revenue split of the profits made from housing an Airbnb occupant. 10 Common Mistakes to Avoid as a First-Time Online Entrepreneur, When You Work For Yourself, You Work For Everyone, How To Find a Technology Partner and Build Things, Self-serve first: the overlooked but essential paradigm underlying great software companies. But last year, Zhang, ready for a new challenge — and a new city — moved to Seattle where she had an idea for another startup. A lot of my thinking is around creating things that scale, being able to iterate, and not getting discouraged by the way things are now by focusing on how things could be. Former founding CEO of @pact-3. 2793 others named Yifan Zhang are on LinkedIn. Yifan Zhang CEO & Co-Founder. The company, called Loftium, would distribute payments of up to $50,000 to people buying their primary residence. CEO & Co-Founder of Loftium, which provides down payments based on rental income. She had been bitten hard by the entrepreneurial bug and didn’t need more schooling or a stint as a business consultant to know what to do. It seemed too risky. I think a lot of that drove me to think about my responsibility to create a better life for my parents. It furnishes the Airbnb units and helps renters to manage the listings. Yifan Zhang. Yifan Zhang: We’ve been working on this for about a year, and the level of demand has been incredible. My elementary school did not have an ESL teacher because they didn’t have any ESL students. They find homes that have a separable short-term rental In return, the home buyers would need to continually rent out a spare room on Airbnb for up to three consecutive years and agree to split any profits. Nhan Beijing, China. Hi Yifan, How does Loftium comply with Seattle short term rental laws? Yifan Zhang Master of Financial Economics at University of Oxford London, England Metropolitan Area. Q: Have you discovered anything about yourself as an entrepreneur that came as a surprise? @Yifan Zhang. “A lot of the people who like this idea are already living with roomates or their parents, so this is a better situation for them,” Loftium co-founder Yifan Zhang told the paper. Q; Is there one individual who you most admire? Yifan Zhang is an entrepreneur interested in using technology and incentives to impact consumers for the better. Basically, I was able to cover the mortgage on my three-bedroom townhouse. Loftium has 1 board member or advisor, Chris DeVore. I saw how hard they worked after coming here. London, England Metropolitan Area. Yifan Zhang Blue Lake Capital - Director Beijing, China. We just launched our company and I’ve been working like crazy. Yifan Zhang was born in Nanjing, China, and lived there for seven years before coming over to and landing in the United States. View Yifan Zhang’s profile on LinkedIn, the world's largest professional community. How did you get your latest idea to start Loftium? London, United Kingdom. Yifan Zhang. The company pays out the landlord at market rent with a long-term lease up to three years and keeps the excess income from the short-term rentals as a profit. Loftium assists aspiring homeowners by offering down payment assistance in exchange for shared income through AirBnB rentals. Yifan Zhang Counterparty Credit Analyst at Barclays Investment Bank. And jobs at similar companies saw how much money someone could bring in became a senior, I think lot! Various people from the webinar: q & a from Loftium Renters teacher just put me front... Initiative, Internet Publishing and Broadcasting and Web Search Portals Stanford Medicine X, Harvard Med SMArt... 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