and Infinite Mindset
What is the name of 1 of Austin's favorite books?
Our in-market owner support consists of these two roles
Home Managers and
Home Maintenance Managers
What is the name of the first Pacaso sold and when was it sold?
Poolhouse, May 2020
What does TAM stand for?
Total Addressable Market
Name 1 System the engineering team uses.
This is the name of the section of the Pacaso Home Page on Notion where you can find TONS of useful information to help you in your first few months as a new hire!
the New Hire Hub!
Recite the Pacaso Mission
Pacaso exists to enrich lives by making second home ownership possible, and enjoyable for more people.
What does “Alex” “Bobbi” and “Oscar” stand for?
Alex = Agent
Bobbi = Buyer
Oscar = Owner
What is the first thing the Acquisitions/Revenue team needs to find when expanding into a new market?
Product Market Fit
What percentage of Pacaso shares sell pre-close of escrow, and how long does it take, on average, for a Pacaso to completely sell out?
25% of shares sell pre-close of escrow, and most Pacasos sell out within 90 days
What are the three main types of platforms, or connection points, the Product and Engineering teams work on that allow Dreamers, Bobbies and Oscars to interact with Pacaso?
Web, Native, and Internal Systems
This is the name of the guessing game on Pingboard that helps you to remember names and faces!
Who's Who!
What is the "binary choice" Austin mentions in his Infinite Mindset presentation?
If you're not embracing an infinite mindset, you're embracing a finite mindset.
Launching officially in January 2022, this is what Jaime referred to as the "big shift" in the way we approach property management at Pacaso.
Bringing Property Management "in-house".
The largest example of this is in the creation of the "Maintenance Manager" role.
What is a Pacaso “Preview”?
It is a home that Pacaso may not own yet but one that we think people may have interest in so we preview it on our website
Since our launch in Oct of 2020, what has been Pacaso's average YoY growth percentage?
403%
This is our tech-enabled solution to the question "how does Pacaso ensure all of the Oscars will have equitable access to the house they share".
Smart Stay
This is the Channel on Slack where you can ask Austin things about the business ahead of our All Crew meetings.
#austintalk
In his Infinite Mindset presentation, Austin mentions this author as "one of his favorites", and quotes this phrase from his book "Principles" as being a large influence behind Pacaso's hiring philosophy:
Ray Dalio
What is the “history and/or timeline” of Pacaso? What was the pre-launch name and Beta name?
Prelaunch was Barkada (feb 2020 - may 2020)
Beta was Niner Homes (May 2020 - Oct 2020)
Why do Pacaso’s sell so quickly in some markets?
Because there is a high barrier to entry in that locations housing market
As Nina mentioned in her presentation, what percentage of Pacaso owners are first time second home buyers, and what percentage are LGBTQ+ and/or people of color?
First time 2nd home owners: 87%
LGBTQ+ and/or POC: 25%
Using data science, we are able to give each area of a new market THIS, which helps us to know where it would be best to buy our future Pacasos!
Neighborhood Score
What is the software we use for expense reports, AND the minimum purchase amount that requires a receipt?
Concur
$25
What are our three US priorities for 2022?
Curate Supply, Compound Demand, Delight Oscar
How did we decide on the company name Pacaso and what was it inspired by?
inspired by the artist Picasso, specifically his art work that you take pieces and combine them together to make a whole
Located in Malibu, CA and priced at just over $4,000/sq ft, this Pacaso is the most we've ever paid per square foot. Despite that, it sold "exceptionally fast", proving correct the Joe Mahler saying "The right homes sell themselves".
Sea Scape
What are the 3 primary ways Pacaso makes money?
In Doug's presentation, he compares the Product team to a specific member of the 90s Chicago Bulls. Who and why?
Dennis Rodman, because he was hustling the hardest on the court to get the win, or in Pacaso's case, the sale.
Our Slack Channel #coffee-crew is a channel meant for remote connection opportunities. In there, you can join the conversation with random "watercooler topics" (often hilarious!), and participate in coffee chats, where you are paired up with random people across the Crew. Coffee chats are a great way to get to know your fellow Crew members, especially when you're just starting out your journey with us! If each member of your team has completed at least one coffee chat with someone at Pacaso, you get these points!