Smartrent.Com Inc to Merge With Fifth Wall Acquisition Corp I Call Transcript
Well, thank you, everyone, for joining. I'm Brendan Wallace. I am the co-founder of Fifth Wall, the sponsor of the SPAC that is merging with SmartRent.
And I thought maybe to kick things off, I would just give a little bit of context on Fifth Wall as a firm, who we are, how we first came to discover SmartRent as a venture capital fund. And ultimately, how we effected this transaction over the course of the last couple of months. Fifth Wall is the largest and the most active investor in real estate technology.
What really makes Fifth Wall unique is the fact that about half of our capital comes from the largest owners and operators and developers of real estate globally, who are in turn the largest customers and end users and partners of the very technologies we're investing in, frankly, like SmartRent. And in many ways, that has defined our model. So what Fifth Wall does is we collaborate very closely with our strategic LPs. We understand their pain points. We understand which technologies they are
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