Kudavi 2.10.2016
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Transcript of Kudavi 2.10.2016
Kudavi: Building Destinations
Escape the city:
We build destination locations 1-2 hours away from major metros.
Kudavi Schedule 8-9a Breakfast 9:30-12 Yoga and Ecstatic Dance 12-1:30p Lunch 3-5p Horseback Trail riding, limited slots available 5-6:30p Dinner 8p Bonfire Also Available all day (8a-10p) + Equine Therapy + Massage + Work studios We offer Nightly, Weekly, Monthly, and Annual Rates.
Value of creating location
Farmland, CA Land: $3-20k/acre
Las Vegas, NV Land: $1-3M/acre
Stanford, CA Land: $4-6M/acre
Downtown SF Land: $20-35M/acre
Target Demographic:
Creatives & Remote workers
Example Property:
Stone Canyon Ranch, CA
Stone Canyon Ranch, CA
Wi-Fi Shuttle Single Ride 10 Ride Pass Unlimited Monthly Pass
Phase 1
1/ Build founding team and community of creatives & remote workers. 2/ Property Company purchases $30-50M property like Stone Canyon Ranch (10,000 acres). 3/ Operating company manages property and brands it as Kudavi Ranch. 4/ We use destination co-working to build the seed (first 500 residents) of a new city for creatives & remote workers.
Business Structure 1/ Kudavi Ranch, LLC owns all land and infrastructure (Property Company). Eventually becomes a public REIT to allow residents to buy into the location. 2/ Kudavi, Inc. manages and markets property (Operating Company).
Property Company: Value of location
Stone Canyon Ranch Land: $3.2k/acre
Las Vegas, NV Land: $1-3M/acre
Stanford, CA Land: $4-6M/acre
Downtown SF Land: $20-35M/acre
Autonomous Cars
Virtual Reality
Phase 2: Satellite City Vision: Kudavi Ranch develops into a central hub for remote and creative work in the Bay Area. Long-term trends: Autonomous cars will change commuting, making Kudavi Ranch more accessible. Virtual Reality will change the nature of work, allowing more people to work remotely from Kudavi Ranch.
Founding team, key skills needed: Operating Company (Kudavi, Inc.) 1/ Operations 2/ Community 3/ Marketing Property Company (Kudavi Ranch, LLC) 1/ Real estate 2/ Finance
thank you