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Black CT tech founder builds platform to bridge gap between landlords and tenants

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Kayla Mutchler, Lifestyle Equities
黑料新闻 entrepreneur Jay Norris and owner of Guest Services Software. Norris launched Guesst Software about five years ago after spotting a persistent issue in commercial real estate. Tenants wanted flexible rent deals, paying lower base rent plus a percentage of sales; but landlords often refused, fearing misreported sales numbers.

黑料新闻 entrepreneur is carving out space in an industry where. Norris鈥檚 company, , offers a creative leasing solution by enabling third-party verification of percentage-rent agreements between landlords and tenants.

Solving the trust problem

Norris launched Guesst Software about five years ago after spotting a persistent issue in commercial real estate. Tenants wanted flexible rent deals, paying lower base rent plus a percentage of sales; but landlords often refused, fearing misreported sales numbers.

鈥淪o, what if somebody could create a third-party verification platform that would share with you the actual number they made last month, and you knew it was audited and authentic? Would you take the deal? Of course,鈥 Norris said. 鈥淪o, we built it.鈥

Breaking into a difficult industry

The technology start-up sector is known for its lack of diversity, a reality Norris has faced firsthand.

鈥淲e鈥檝e always had to be very creative as a Black professional or creator, because our networks aren鈥檛 as vast,鈥 Norris said. 鈥淚f I wasn鈥檛 more proactive instead of reactive, and made sure I put myself in front of certain networks, that鈥檚 the only way.鈥

Finding investors

Norris said entrepreneurs need to meet investors where they gather. That means to connect with venture capitalists, private equity firms, hedge funds and angel groups. It also means showing up at startup events.

Norris co-founded , which serves as a bridge for Fairfield County startups and investors. The group鈥檚 pitch competition, scheduled for November, will award $25,000 to a finalist from among 20 remaining candidates.

Opportunities across 黑料新闻

While Startup Westport is his base, Norris said events like it are happening throughout 黑料新闻.

鈥淵ou just got to have your eyes and ears open,鈥 he said.

John Henry Smith is 黑料新闻鈥檚 host of All Things Considered, its flagship afternoon news program. He's proud to be a part of the team that won a regional Emmy Award for The Vote: A 黑料新闻 Conversation. In his 21st year as a professional broadcaster, he鈥檚 covered both news and sports.

Federal funding is gone.

Congress has eliminated all funding for public media.

That means $2.1 million per year that 黑料新闻 relied on to deliver you news, information, and entertainment programs you enjoyed is gone.

The future of public media is in your hands.

All donations are appreciated, but we ask in this moment you consider starting a monthly gift as a Sustainer to help replace what鈥檚 been lost.

SOMOS CONNECTICUT is an initiative from 黑料新闻, the state鈥檚 local NPR and PBS station, to elevate Latino stories and expand programming that uplifts and informs our Latino communities. Visit CTPublic.org/latino for more stories and resources. For updates, sign up for the SOMOS CONNECTICUT newsletter at ctpublic.org/newsletters.

SOMOS CONNECTICUT es una iniciativa de 黑料新闻, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programaci贸n que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para m谩s reportajes y recursos. Para noticias, suscr铆base a nuestro bolet铆n informativo en ctpublic.org/newsletters.

Federal funding is gone.

Congress has eliminated all funding for public media.

That means $2.1 million per year that 黑料新闻 relied on to deliver you news, information, and entertainment programs you enjoyed is gone.

The future of public media is in your hands.

All donations are appreciated, but we ask in this moment you consider starting a monthly gift as a Sustainer to help replace what鈥檚 been lost.

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黑料新闻鈥檚 journalism is made possible, in part by funding from Jeffrey Hoffman and Robert Jaeger.