SkySights (Mar 2022): Where Hides Satoshi?
April 1, 2022
Where Hides Satoshi?
Skytian Capital – Celebrating 22 years in 2022!
Latest News & Insights
- Você fala português? Ten Commandments of Investing (#10Cs) to be in Portuguese
- Commandment 6: Be Patient, Be Bold
- Under Contract: Oasis at Clearwater to deliver 70%+ IRR to investors
- Closed: Satoshi’s Hideout a boutique flexible leasing apt community in downtown St Pete
- PropTech – seeking to invest and support PropTech innovators – contact us!
- Quote of the Month: Elon, of course!
Você fala português? #10Cs in Portuguese
Great news. We have accepted a translation and distribution agreement with a reputable publisher in Portugal to bring the Ten Commandments of Investing to the 258 million Portuguese speakers worldwide! #10Cs is the Wall Street Journal, USA Today and Amazon best-selling book sharing the Ten Commandments of Investing as practiced by the world’s greatest Investment Wizards. All profits from book sales are donated to schools/orgs promoting financial literacy.
We have strong demand for Chinese, Spanish, Korean and even Tagalog editions – if you know of a great publisher please kindly refer to us. For more info please click here: to order #10Cs visit Amazon or any other major bookseller.
C6: Be Patient, Be Bold
Budding young Investment Wizard James Bohn does it again with a sensational video of one of our favorite commandments: C6: Be Patient, Be Bold. While #10Cs was not written for children, we are impressed that 12-year old James has embraced it, sharing the smart investing from our book to a younger audience. He is a rising star on Instagram with 239 followers and has a roughly 15,000 total viewers from all reels and counting.
“The key lesson in commandment 6 is to be patient and to not rush things, it’s not just in investing but in life too. Once the timing is right, go bold and strike! Timing is everything.” – James Bohn
To learn more please visit here. You will love the fun educational content, Do share with a loved one and give James a like on his channels.
Oasis at Clearwater to deliver 70%+ IRR
Our first multifamily project in Florida is under contract to be sold. We acquired OCW 13 months ago for $6.85m, implemented an improvement plan with a $350k budget and raised rents by 28%. Based on shareholder vote, we are now officially under contract to sell this asset for $12.85m, to deliver 70%+ IRRs to our investors upon closing in May.
Our team has spent the past 5 years patiently researching many asset classes and multiple real estate sectors, investing in assets as wide ranging as single families, small multi-families, short-term rentals, mortgage funds, even farmland. I have personally driven 50,000 miles since the start of the pandemic to see first hand the top markets across Canada and the US. We have found the “Holy Grail” asset class in US multifamily for these seven reasons.
Compelled, we are following our book’s advice: C6: Be Patient, Be Bold, and in the past year Skytian has increased our multifamily assets under management from $1m to $53 million.
To learn more and to join our investors list for Skytian’s next projects and for more information please click here.
Who is Satoshi Nakamato?
Satoshi is the mysterious creator of Bitcoin and blockchain technology making possible digital money, DeFI, the meta verse, NFTs, the DAO, Web3 and so on. Satoshi (he/she/they?) will be remembered as one of the greatest inventors in history generating trillions in wealth and inspiring billions.
We are excited to announce that today we closed two amazing apt buildings in downtown St Pete in Tampa, the new HQ for ARK Invest and what Cathie Wood cites as the Austin of the East. Our talented team of designers, architects and contractors will transform these 41 units into Satoshi’s Hideout – a boutique flexible leasing apartment community for the tech-brilliant, digital nomads and creatives just too darn hip to live in boring normal apartments.
We’d love to hear your suggestions on our design direction:
Are you Satoshi?
Seeking PropTech Innovators
Real estate is the largest industry in the world. It is also one of the large sectors to embrace technology. Skytian is actively investing in PropTech innovators (such as Cashflow Portal) that help real estate owners to be more efficient, particularly in the multifamily asset class, given the severe shortage of workforce housing, work-from-home trends and labor shortages. For example, we are evaluating opportunities in smart home technologies, flexible, adaptable home office systems, even robotic trash! We are also interested in PropTech services that help tenants live more efficiently and comfortably such as digital money tools and rent/amenities payments systems. If you are a PropTech entrepreneur, learn more of our strategy here and please reach out to us!
Quote of the Month
“Tesla policy is never to give in to false claims, even if we would lose, and never to fight true claims, even if we would win” – Elon Musk
We are early, unabashed Elon fanboys and long term holders of Tesla and SpaceX. Elon’s quote refers to him taking on the SEC and its unfair targeting of him and Tesla. Non-Superhero CEOs would have backed down and paid the fine long ago. Not, Elon, he does the right thing. We are with you!