House Hack by Meet Kevin Explained | Series A Investor Deck Leaked @ $200M Valuation

[@fksebati]

💡Learn how to get started investing in startups, build wealth, and diversify your portfolio. Link here: www.startupinvestoracademy.com/?

[@MeetKevin]

This video is incredible. It’s a crime you don’t have more views. I am a flip flopper and I have made mistakes!

[@SuperPK95]

🥰🥰

[@granbul6986]

Can u elaborate on why you won’t invest your $12mil unless you get $100mil from us. That seems hells sketchy

[@Carey1135]

@@granbul6986 it's all bs .. he has not even proven the business model .it's all just words to get money from sheeps .. he is now planning to open investment to non accredited investors for 5000 k ..he is just cash grabbing ..this guy is a snake oil salesman .. never believe what he says .. just ask his friends about him ..he is here for the cash grab .

[@granbul6986]

@@Carey1135 what friends 😂 everyone distance themselves from him way before he got arrested. I’d just like to know how he justified keeping his money in his pocket until he gets 100mil from us.

[@granbul6986]

Kevin since you are deleting comments I’m sure you read what I asked and yet refuse to answer. Sketchy

[@fivefashion4085]

Kevin's CARES Act updates--living in my 🚗, scared 24/7, working in a factory that let me go as the world shut down--were an authority. He read everything daily, scoured every bill new program and encouraged people to apply w/o shame for mortgage relief: for all of it. You could hear he cared in his voice. They "invest in the guest" all the time on Shark Tank, while passing on humans they don't trust. While yes, our comments should be about the start-up itself; or Kevin's track record of correct predictions; maybe how thoroughly he researches and shares what he sees... Some of us have followed for years, seeing so much of what makes him a good and decent family man. That's who you'd be investing in. I wish I could shake his hand and thank him. -Justin

[@fksebati]

Thanks for sharing your perspective!

[@flyrodu]

A big issue I see is that he holds all the voting rights no matter how much any one investor invests.

[@Carey1135]

And his emotions are not stable too .. and he has made money from KZbin nly he has no business track record .. he started one business and lost 1 million in a real estate company and shut down ..

[@MeetKevin]

Imagine investing with Kevin and then being worried that Kevin has control. The voting shares will be distributed in the future - not this early; fear not :P

[@granbul6986]

@@MeetKevin Can u elaborate on why you won’t invest your $12mil unless you get $100mil from us. That seems hells sketchy

[@fksebati]

Thanks for watching! It's very common in a business for small investors to have zero voting control in the startup. $25k sounds like a big investment, but if the company is worth $200M, it's not efficient to have so many small investors have any control that can slow down the business from making decisions quickly.

[@granbul6986]

@@fksebati actually Kevin refuses to put up his $12 million until he gets $100 million of our money. Does that not seem a little sketchy to you?

[@arturoramirez9961]

Great video, just discovered your channel! Keep up with the good stuff, and thanks for sharing knowledge.

[@fksebati]

Thanks for watching and welcome :)

[@DarkoIvanovskiInvestments]

I agree that the biggest question mark is his ability to recruit a great team around himself. I know he doesn't need it for the first ~30/40 homes, but if he wants to scale the business to hundreds of homes this will be necessary

[@fksebati]

Agreed! I think Kevin is a smart guy and can figure the hiring and delegation part out, he just has to be open to it and the results will follow!

[@MeetKevin]

Our current staff can support 200 to 500 homes. We just have to grow into that slowly to ensure we don’t grow too fast. Employee expenses are dangerous as are vacant properties

[@davidf2047]

He already has 10 people involved and his board will be only the best he is not solo doing it all

[@magzlinz4108]

Great video. Quick feedback, consider lowering the music volume so it’s easier to hear you

[@fksebati]

Thanks, Magz! I appreciate you watching and the feedback 🎶

[@mfwatkins80]

So how much would and/or are you going to invest in this? Do you have any affiliation with him?

[@chung-jenweng6454]

😂you might be onto something

[@yansun9486]

I can not find anywhere on the househack website how to ask a question. I do have tax question, especially if the company goes out of California to acquire properties in other states - that could make my taxes very complicated if in future we get cash flow or we make profit in multiple states. But right now there is no way to get an answer! That is making me hesitant to invest.

[@MeetKevin]

Https://metkevin.com/discord, investor livestreams, or email [e-mail]. We plan to maximize tax benefits in every state. We’re a c corp so you’re not getting a k1

[@fksebati]

Hey Yan, I recommend checking out his website. Per your question, you don't have worry about that because you're not the one receiving the cash flow, the business is. There is no tax liability on an investor's end until the company is sold/goes public.

[@JeffWybo]

Well executed video. ✅ Meet Kevin is a hard worker that’s for sure!

[@fksebati]

You know it, Jeff! Thanks for watching :)

[@JeffWybo]

@@fksebati thanks 🙏

[@herbuen]

Very interesting video. The only problem is the guy with dollar bills polo reminds me of the "free money" guy aka: Matthew Lesko.... 🤙🇺🇸

[@fksebati]

Thanks for watching. I love this shirt 💸

[@dutchmanbrk]

Ultimately in order for the investment into this company to pay a return it would need to go public correct?

[@fksebati]

Yes and no. The company either needs to go public, be acquired or pay out dividends. Most likely it's going to be one of the first two.

[@davidwright3063]

I’ve thought about starting a similar company in the past so I think the business premise is solid, but I don’t like the name (a house hack is something very different than wedge deals), don’t like the structure of the deal, & don’t like Kevin’s timing or status as the front man, given his flip-flopping. Do the whales have enough interest & Capital right now? Given the down year most investors have had this year, it’s an open question!

[@fksebati]

Thanks for sharing your perspective!

[@joemartinez4205]

Kevin refusing to give up KZbin and his other endeavors illustrates to smart money that House Hack was designed as a publicity stunt to help Kevin's viewership on KZbin. I expect Kevin to file bankruptcy as an exit strategy by 2023. Kevin is like a trained politician and will point the finger to others rather than take responsibility.

[@buscochamba]

Great video dude!

[@fksebati]

Thanks for watching :)

[@addingitallup300]

Great video. Explains is very well. You are investing in Kevin. Either it’s good for you or it’s not. It’s not for me at this time.

[@fksebati]

Thanks for watching :)

[@joemartinez4205]

This qualifies as a scam! After reviewing the prospectus, Kevin himself is considered a risk for company. He is undisciplined, constantly flip flopping, and unwilling to focus on this company. Kevin has refused to give up making courses and his KZbin videos to focus on House Hack. In the prospectus, Kevin is allowed to create future companies that compete against House Hack. Kevin is using House Hack as a publicity stunt to increase viewership on this channel. My prediction is Kevin uses funds raised to pay compensation for the original staff (family by marriage) and social media advertisement to his products (courses, discord group, video subscription). Then Kevin will deliberately invest the remaining 10% in bad deals to file bankruptcy as an exit.

[@Yui789esss]

Why would you invest into a company with no history and profit margins when you can easily invest into growth stocks that have been hammered the past few months? 😂

[@fksebati]

Thanks for watching! To offer an idea why someone would consider House Hack, Inc as an investment: it's a way to diversify into real estate with a small portion of an investment portfolio. Most accredited investors have a net worth far above 7-8 figures so dropping $25-100k of "fun money" is not the same consideration as a more traditional retail investor investing $100-500 in a growth stock.

[@alvarez110]

Good video, I will say that even tho Meet Kevin has been a flip flopper, I don't think he has ever taken his foot of the gas pedal when it comes the Real Estate, and considering his record, we are basically investing in Meet Kevin's biggest strengths.

[@fksebati]

Yah I agree! He’s definitely been able to perform at the highest level in the real estate domain for a decade! Thanks for sharing your perspective!

[@stevediben7900]

I can't help but feel like Kevin is slowly becoming the borderline scammer that he exposed Grant Cardone for being years ago.

[@fksebati]

Hey Steve, I gotta back Kevin on this one. I don’t know him personally, and he didn’t sponsor this video but what he’s doing here is actually pretty common when it comes to raising funds for a startup. The thing that’s a bit weird is how he’s actually personally putting so much of his own money into the startup. That’s a very positive sign when someone puts their own skin in the game this early on. Having interviews hundreds of Founders raising money, most of them do not have nearly this level of conviction. Ordinarily entrepreneurs raising this much funding will raise 98-100% of the funds from outside investors.

[@stevediben7900]

@@fksebati I never said it's because he is seeking outside investment lol. This vague pitch about how "AI" is the secret sauce while Kevin does not even have a tech background. Who's the team developing this supposed AI that is so fundamental to your company's value proposition?

[@fksebati]

@@stevediben7900 I got you! There are different levels of software architecture and this is probably pretty basic. Complex machine learning models take time to develop and are expensive. I did a full breakdown of the House Hack Wedge Finder Artificial Intelligence here: How House Hack Wedge Finder AI Software Works (Meet Kevin Startup) kzbin.info/www/bejne/qYfGXpZnfKtmqdk

[@Oneofakind123]

Brought to you by Meet Kevin.

[@notwhoyouthink666]

It’s not true it’s up to 200m. There’s also 1m of voting shares, so expect your investment to be diluted 1/5

[@markmyers4547]

The handling of the DUI hit me likewise….

[@NuncNuncNuncNunc]

Should you invest? 1) No team 2) No AI experience 3) Company premise is counter to Kevin's own personal real estate premise of buy near you, i.e. Kevin has no experience outside his local market 4) Decades of falling mortgage rates with rising home prices probably not in the cards for the near future. This has consequences not just for future profits from sales, but fundamentally all AI based decisions given all training data will have come from a period of falling to rock bottom mortgage rates 5) If you've taken his class, he is now your competition 6) As a founder, he seems thin-skinned unwilling to directly answer criticism. This is a big red flag as I see it is an indicator of someone willing to lie to cover missteps. As the say, it is not the crime, it's the cover-up.

[@ssaini74]

Love the shirt

[@fksebati]

Thanks you :)

[@tmmytube]

Great video. I’d expect someone raising money to give more specifics about how their company is uniquely positioned. AI software needs to be demonstrated to be believable. As Kevin O’Leary would say, what’s to prevent me from just doing the same thing building my own software.

[@fksebati]

Thanks for watching. I think I'll make another video sharing my perspective on this!

[@beyondthecodeeditor4894]

This is a great question that a lot of people seem to overlook. If you have watched any shark tank video, there is usually a value that the company provides before they raise money. This here just seems like Kevin is the only value that his company can offer. There is no intellectual property or other tangible assets or services that this company owns, that makes it valuable. I like Kevin but, I am very critical about this fund raise approach. This looks like he is just raising money just because. He should have been able to demonstrate at least once how his AI was able to make him money. As far as valuation goes, will the company be valued based on the number of home they have acquired or their AI tech. so many questions unanswered.

[@brettb2932]

Have you watched the Facebook movie. The co-owner voted to dilute the shares. Too risky

[@fksebati]

Thanks for watching! Share dilution is a common occurrence in any type of startup that is seeking outside investment. That's pretty common. The way it happens can vary a lot!

[@TaDa82]

This video looks like got paid by Kevin and even text was created by Kevin that’s crazy!

[@fksebati]

Hey hey, this video is not sponsored, I've done dozens of videos like this on other startups and I invest my own money in deals (which I disclose when I do)

[@Residentalien2637]

Funny he shamed cardone, but yet seems to try going in his footsteps..

[@fksebati]

I can see where you’re coming from, but this is a slightly different business model.

[@Residentalien2637]

@@fksebati yep..your right, cardone actually pays some sort of return during the life of the investment

[@fksebati]

@@Residentalien2637 Correct. Those are real estate investment funds. This is a company. I've raised three rounds from the public for my company. If someone asks for what a short-term return/dividend looks like, I advise them not to invest because it's not the right opportunity for them. There should be NO expectation of any return for 5-10 years when investing in a private company.

[@Residentalien2637]

@@fksebati that's right, a company that has product they are working on... He is literally calling it a company but really all he does is buying "distressed" houses.. To sugar coat it a bit he MAY work on an AI software that will likely never happen.. technically what he's doing is trying to pool funds to buy properties for management fees with a chance at the upside if it ever happens, how is this different then every other syndication?

[@ZombiemanOhhellnaw]

Money shirt goes brrrr!!

[@georgerockwell2390]

The ai is not robust at all. He's trying to distract u from it

[@fksebati]

Hey George, thanks for watching! I think I'm going to make a followup video on my perspective on this exact topic!

[@marco14744]

Here because of Kevin

[@fksebati]

Thanks for following along :)

[@chipsun2504]

Scam alert, just don’t get caught. Seed A, sell to seed b hopefully ipo, leave the bag for bag holders

[@joemartinez4205]

By the way, everything Kevin says about compensation is a lie! Why? It's not in the prospectus. If it's not in writing, then it means nothing.

[@TheTrakkHeaterz]

A lot of haters out there. His company didn’t even start yet. You should worry about yourself instead of criticizing someone else. Can you do better? You opinion doesn’t matter.

[@reversetriangle]

He's asking for funding, so it matters??

[@fksebati]

Thanks for watching! I agree, get out there and make it happen. His investment audience are accredited investors which is a minority of viewers.

[@markthegolfaddict9051]

A DUI isn't a big deal if it happens just once

[@Yui789esss]

It is, when he makes a video claiming he was 100% sober and blamed the police instead of taking responsibility for his actions 😂…. He is a bonafide lier

[@markthegolfaddict9051]

@@Yui789esss innocent until proven guilty. Could care less about that incident. Also those breath test are flawed

[@furuwrecker1420]

You're aware that people are going to get scammed by Kevin and you're promoting this, right?

[@fksebati]

On this channel, I share my perspective on a startup investment opportunities from my experience analyzing hundreds of deals and investing in dozens of startups. Please give the video a watch until the end and let me know what you think!

[@furuwrecker1420]

@@fksebati nah, you're siding with a famous grifter and promoting his scam... this is going to end badly for those who "invest" in this "opportunity" and you'll be also responsible for that

[@fksebati]

@@furuwrecker1420 it's clear you have not watched my video or read the investment materials.

[@furuwrecker1420]

@@fksebati I already watched the video, and you're promoting him... How can you deny that? You're promoting a scam, it's very simple. Even Kevin himself commented here saying his impressed with this promotional video. Like, really? You might fool your audience, but you don't fool me, okay?

[@fksebati]

@@furuwrecker1420 this video is not sponsored by him. Look at my channel, I have dozens of videos just like this one on other startups.

[@togoni]

BSing

[@MeatyFeet1]

Good video. Also just to mention most successful people have something bad in their past to bring up. So I don’t see his run in with the law that bad. Isn’t smart to break the law but isn’t a deal breaker

[@fksebati]

Hey Andre, thanks for sharing your perspective!