Why We Invested
Pasudeco is committed to being the best investor in the Philippines for those looking to make it a better place to live. It isn’t an easy task as ideas that will make this country a more attractive place to live are few and far between, and the right people to execute them remain rarer still.
Indeed, more important than a good idea is finding someone with the energy, intelligence, and integrity to execute it. Pasudeco looks for exceptional people to invest in and work with. After all, central to better living is better people to live and partner with.
So, when we met John Avrett and listened to how he wanted to change how homes are constructed, we were excited to find both elements to our investment formula in place.
Here was someone who not only had a great idea, but had the experience, drive, and character to deliver what we believe will be a revolutionary product.
With housing costs at all-time highs, we believe the opportunity to quickly deliver affordable, consistent, high-quality housing at scale around the world is something that will benefit the global population. This is something the world truly needs, and we believe John has found a profitable way to fill this demand.
We are hardly alone in our belief. John has managed to recruit an incredible team of experts to help him realize this dream, and we believe customers and other investors will soon follow once his prototype is there for all to see.
We are excited to be one of Hive’s early investors, as we believe this is one of those few life-changing opportunities for which we’d be remiss not to take a big swing and punch a hole in our 20-slot punch card.