Joe PaytonPosted on
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Joe Payton is a real estate developer, serial entrepreneur and angel investor. Payton began his career selling advertising and publishing and moved into investor relations getting a graduate degree in 1994 from the University of Denver and working in-house in the mid 1990’s for Corporate Express, a startup that grew from $50M when he joined to $1B in sales through acquisition and multiple public offerings. Joe was on the core Investor Relations team for the IPO and four secondary offerings. As a real estate investor Joe began buying and selling single family homes and parlayed his capital into larger developments and then small startups of his own and as angel investor, Joe was a member of the Rockies Venture club in Denver Colorado and the Central Texas Angel Network in Austin. Nothing he invested in went “big”, but he’s seen several hundred deal pitches, run diligence on a couple of dozen investments and gotten to know the process from the Angel side as well as the IPO experience when he was in Corporate.
In Dallas, Joe is focused on his business startups and real estate developments. The building at 3106 Commerce is his first purchase in Deep Ellum. “I believe in Deep Ellum neighborhood. It is very much like 4th street and 6th street in Austin and Lodo in Denver in the 1990’s. Deep Ellum is going through a renaissance. With the massive redevelopment of Main Street and Elm Street 3 blocks away, we are looking forward to dozens of new restaurants and night spots opening in the coming months. Pecan Lodge has lines out the door every day and Brain Dead Brewery is opening soon, AND we have Ellum.net – a redundant fiber optic super-high speed internet ring here.”
“Deep Ellum is cleaning up – literally”, says Payton. “I’ve been honored and had the great satisfaction of taking bars off windows throughout my 20 plus year career as an Infill Redeveloper of neighborhoods in the path of progress. In-migration is putting more people here in the Dallas core and Deep Ellum is IN that core, it’s cool, and it’s affordable. There is more to do here just walking around than any other part of Dallas – it gives Uptown a serious run for its money, and the people and the service you get here feels like I’m in a small town – people are friendly”, Payton says.
Payton’s Pioneer Capital Fund backs the GeniusDen with his capital and a close private group of investors. “There is a different quality product when you own the building, your company builds out the space, your architects design it. There is a different kind of commitment when your money is on the line and you’ve made promises to investors. You worry about it, you make sure it works“, Payton says.
CompanyGeniusDen Business Incubator
Located InDallas, TX, USA
ExpertiseReal Estate, App Startup, Angel Investing,