Luxury timeshare startup, news of the week quiz and what matters in the market

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The startup of luxury timeshares

The timeshare business, known in the hotel market with the sale of rooms to several owners, reached luxury homes in Brazil through the startup MyDoor.

The inspiration is in the American Pacaso, evaluated in US$ 1.5 billion (R$ 7.8 billion).

Understand: the focus of these companies are summer properties, the “second homes” of those who live in central regions.

• The idea is to divide the property into quotas, so residents do not have to pay the full value of the property and divide the days to occupy the residence.

How it works: in the startup model, each owner is entitled to 44 days of use per year, which can be determined by contract or be rotating.

• To avoid inconvenience, MyDoor manages the property, taking care of the maintenance, cleaning and organization of the periods of use of each owner.

• Services also include restaurant and tour reservations. The startup charges a fee 4% of the global value of the properties to manage.

In numbers: available quotas start at BRL 185 thousandfor an 88 square meter apartment in Campos do Jordão, and reach BRL 1.9 millionfor 1/8 of a 700 square meter house in an upscale condominium in Itu, Terras de São José I.

Brake on supersonic aircraft project

In a bucket of cold water for Boom, a startup that promises to revive supersonic commercial travel, Rolls-Royce has given up on the project to develop the Overture plane’s engine.

The engine was and continues to be a big unknown in the Boom project, which is still just an idea, but it has already captured US$ 250 million (R$1.27 billion) and received 35 orders from American Airlines and United Airlines.

Understand: retired in 2003, commercial supersonic flight was faced with sustainability and noise as obstacles, two things Boom and its Overture promise to solve with technology and fuel from renewable sources.

Bets: the startup’s president, Blake Scholl, didn’t give much thought to the decision of Rolls-Royce and says it will have a solution to the problem later this year.

• His estimates of having the plane flying in tests in 2026 and in commercial operation in 2029 are disputed by analysts.

In numbers: it is speculated that each of the planes will cost around $200 million (just over R$ 1 billion). The projected speed is 1.7 times the speed of sound, just over 2000 km/h.

• The ticket would cost approx. $5,000 (R$ 25.6 thousand), higher than what is charged today for business class.

take a break

• To watch: “We Need to Talk About AI” – on Star+.

The 2020 documentary just arrived on streaming interviews leading experts in artificial intelligence to warm up the discussion about the future of this increasingly developed and demanded tool by the market.

• What risks can the future of artificial intelligence pose to society? And the benefits?

• Director Leanne Pooley talks to scientists, engineers, philosophers and even “Avatar” director James Cameron to answer these and other questions.

See here the content on the subject already produced by the newspaper.

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