Farm Succession Platform
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A platform focused on farm succession planning to help manage the transfer of farms between generations, addressing the growing challenge of farm ownership transition as fewer children want to take over family farms.
Key Points:
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Problem Being Solved:
- Kids increasingly don't want to take over family farms
- Billions of dollars worth of farms will change hands in next 10 years
- Farmers need options for what to do with their land
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Platform Features:
- Farm sale marketplace
- Estate and will planning tools
- Farm rental facilitation
- Succession planning services
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Alternative Solution - Fractional Ownership (Example: AcreTrader):
- Allow investors to buy pieces of farms for $1,000+
- Generate 8-11% annual returns
- Farmers lease land from fractional owners
- Platform takes:
- Broker fee on initial sale
- 0.75% annual management fee
- Average farm size: $2M
- Volume: ~80 farms per year
This addresses a major transition happening in farming where billions in farm assets need new ownership structures as traditional family succession becomes less common.
37:57 - 38:29
Full video: 01:13:06SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.