From Near Collapse to $58M Success: How a 26-Year-Old Revived a Real Estate Startup with Google Ventures' Backing
Forbes10 hours ago
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From Near Collapse to $58M Success: How a 26-Year-Old Revived a Real Estate Startup with Google Ventures' Backing

Startup Success Stories
startup
realestate
ai
genz
healthcare
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Summary:

  • Din Bisevac transformed Buena from a failing rent arbitrage startup into a $58M-funded property management software company

  • Buena now manages 60,000+ apartments in Germany with $25M in annual recurring revenue

  • Neil Parikh's Slingshot AI launches a $93M-backed mental health chatbot, challenging traditional therapy

  • Gen Z prefers hybrid work for community and learning opportunities, despite the remote work trend

  • Autumn-Kyoko Cushman's ShiftRx tackles healthcare staffing crises with a digital marketplace for clinicians

Din Bisevac's Remarkable Turnaround of Buena

At just 26, Din Bisevac took the helm of Buena, a German real estate startup on the brink of failure after burning through $14 million. Fast forward to today, and Buena has not only pivoted successfully but also secured a $58 million Series A round led by Google Ventures, with contributions from 20VC and Stride.

The Pivot That Saved Buena

Originally, Buena operated on a rent arbitrage model, leasing properties below market rate to rent them out higher. Recognizing the unsustainable nature of this model, Bisevac restructured the company, shifting focus to property management software. This pivot transformed Buena into a Berlin-based tech startup offering landlords tools to automate listings, viewings, tenant vetting, and maintenance coordination.

Buena's Current Success

  • Managing over 60,000 apartments across Germany
  • Achieved $25 million in annual recurring revenue
  • Expanding services to institutional investors managing hundreds of units

Bisevac's vision extends beyond property management. He aims to make real estate investment accessible to younger generations, likening Buena's potential impact to Robinhood for real estate.

Neil Parikh's Slingshot AI: A Chatbot Therapist?

Neil Parikh, cofounder of Casper, ventures into mental health with Slingshot AI, a startup backed by $93 million. Slingshot AI's chatbot is designed to mimic human therapy sessions, raising questions about the future of mental health care and the role of AI.

On Our Radar

  • Federal job cuts due to DOGE budget reforms spark chaos.
  • Tyler Haney's rumored return to Outdoor Voices after a social media cleanse.
  • Gen Z's preference for hybrid work environments, driven by a desire for community and mentorship.

Autumn-Kyoko Cushman: Revolutionizing Healthcare Staffing

2025 Under 30 Healthcare lister Autumn-Kyoko Cushman cofounded ShiftRx, a digital marketplace addressing healthcare staffing shortages. Her journey from burnt-out clinician to startup founder highlights the systemic issues in healthcare and the power of passion-driven entrepreneurship.

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