Buy Add to Lightbox Download
From left; Chief Operating Officer Oren Bass, Chief Technology Officer Justin Mitchell and CEO Sal Lahoud are the co-founders of Pave. Lahoud got the idea for Pave after a friend asked to borrow money. He was uncomfortable lending it to him and instead offered to invest in his friend. He approached Bass soon after about building the personal investment concept into a business...With the average student graduating with more than $26,000 in debt and unemployment for 18-29 year olds at 11.5%, Millennial are starting their adult lives from behind and struggling to catch up, let alone get ahead both professionally and financially. But at least one company aims to change that. Pave combines the idea of a business investment and mentorship in mutually beneficial social financial agreements. The company provides a platform for teams of backers,  older, more experienced professionals - to invest in prospects, 20 and 30-somethings starting their careers. In exchange, prospects agree to pay their backers a percentage of their annual income over 10 years.  ..Photo by Melanie Burford/Prime, Freelance.
From left; Chief Operating Officer Oren Bass, Chief Technology Officer Justin Mitchell and CEO Sal Lahoud are the co-founders of Pave. Lahoud got the idea for Pave after a friend asked to borrow money. He was uncomfortable lending it to him and instead offered to invest in his friend. He approached Bass soon after about building the personal investment concept into a business...With the average student graduating with more than $26,000 in debt and unemployment for 18-29 year olds at 11.5%,...
more »

Filename: 010613_PaveFunding_005.JPG
Copyright