KAIROS is a company that makes companies. And those companies have a mission: Identify unsexy, overlooked, challenging industries, and then fix them like nobody else ever has.
On a recent sun-drenched spring afternoon, Daniel Mishin is strolling through the townhouse in Manhattan’s West Village where he lives, works, and, if time allows, plays. It reeks of Manhattan real estate envy—lofty ceilings, wooden staircases, gleaming appliances, capped off with a roof deck and a back porch. Trees line the street, where the Waverly Inn peeks through from the view on the front stoop.
Most enviable is the price tag: Residents here pay $1,900 a month per private room, roughly 20 to 40 percent below the area average for a shared apartment—but the price includes cleaning services, security deposit, internet, utilities, and even some toiletries (among them a very lovely hand soap). “Adult dorms? We don’t play that game,” says Mishin, who is as crisp and friendly as his surroundings. “This is a home.”
His neighbors know they have Mishin to thank for the living arrangement. It’s the product of his company, Residenz, which aims to create affordable urban housing for young professionals. But many residents may not be aware that there’s a force behind Residenz—and it’s the same force behind a growing number of buzzy startups run by young, ambitious founders.
It’s called Kairos. In the past 18 months, it has produced four startups and invested in 16 more, and it has aggressive plans to keep growing.
This story is from the September 2018 edition of Entrepreneur.
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This story is from the September 2018 edition of Entrepreneur.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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