Question 1

I'm very interested in the core product but one of my concerns is the additional revenue stream of launching a cryptocurrency. What is the purpose of launching a cryptocurrency, is it tied to a tangible use (i.e. computation power for Ethereum and blockchain storage for Fileco...

Accepted Answer

Hi Steven we completely understand the concern and rest assured our main focus for the time being is improving and expanding our GIS map. We will only pursue a cryptocurrency to raise a small fund that we can use to develop multifamily projects ourselves using the latest in construction technology as an example that others can follow but that won't be till much later. We currently deliver our reports manually in the city of Los Angeles and a list of municipalities we've highlighted on our web...

Question 2

Hi John, thanks for clearing things up and answering questions! (I'd reply directly to the original post but WeFunder doesn't support that yet unfortunately) I'm super excited in your platform as a former UCLA urban planning student (mostly transportation but you learn zoning ...

Accepted Answer

Hi Steven would love to meet with you. Here is my calendly: https://calendly.com/john-brickwork

Question 3

Is permit.com a competitor? Also, how are you protecting your IPs?

Accepted Answer

Hi Omar no they are not. We handle more complicated localized zoning code that consists of numerous overlays that is confusing and we help in the initial calculations to get to a max yield number of housing units you can build. We will be launching a report directly to homeowner's on how they can maximize on the new SB-9 law here in California where they can split their single family home and potentially build up to two duplexes. Our goal is not to handle any permitting or entitlements as we ...

Question 4

Hi, any ideas on future liquidity events for investors? I realize it might be early in the game, but it would be interesting to know what your thoughts are on this and the fact that it is being considered. Thanks!

Accepted Answer

Hi Felipe we will be looking at raising our priced round in a year! Our goal is to scale as quickly as possible within the city but will continue to raise to fuel our expansion.

Question 5

Hi John, thanks for your answer! Just to follow up, do you have any ideas on what a future exit might look like (IPO, trade sale, etc.) and when that might happen? Thanks

Accepted Answer

Hi Felipe while it is difficult to predict where we will be in the future and say exactly when an exit might occur we can with certainty state that we don't have plans to be a solution just in Southern California or even the state. Our long term vision is to keep expanding to all major cities in the U.S.. And yes once we get there the most likely outcomes will be an IPO or buyout from a larger company.

Brick Work

Brick Work simplifies complex city zoning to help scale building housing.

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