As demand for data centers soars, real estate companies look to become energy developers
Brendan Wallace, co-founder of Fifth Wall Ventures, manages $3.2 billion in assets and faces personal challenges from L.A.'s ongoing wildfires affecting his community.
MAIN POINTS
- Brendan Wallace co-founded Fifth Wall Ventures, a nine-year-old proptech venture firm.
- The firm manages $3.2 billion in assets under management.
- Wallace is a homeowner in Los Angeles, an area affected by wildfires.
- Many of Wallace's friends have been impacted by the wildfires, though his home remains safe.
TAKEAWAYS
- Fifth Wall Ventures is a significant player in the proptech investment space.
- Wallace's personal experiences highlight the impact of natural disasters on communities.
- The ongoing wildfires in L.A. pose a threat to residents and their properties.
- Despite challenges, Wallace continues to lead a major venture firm successfully.