Tech Bros Pay $15 million In Cash For Beverly Hills Manse

There’s gold in trading collectible Pokemon cards and Funko pop figures.

Logan Head and Grant LaFontaine are founders of Los Angeles-based livestream shopping platform Whatnot, known as a marketplace for collectibles such as Pokemon cards, as well as comics and sports cards. This summer, Whatnot reached a valuation of $3.7 billion, according to TechCrunch.

Also, this summer, Head and LaFontaine jointly paid $15 million in cash to buy a Beverly Hills house formerly owned by a Hong Kong investor, according to Dirt.com.

The 5,500-square-foot home had been on and off the market for about a year. It had originally been listed for $18 million. It had recently gone under an extensive renovation, which placed new skylights, glass walls and Italian limestone flooring in the house.

The listing’s other amenities include an infinity-edge swimming pool, and a spa. The house is located on a half-acre property which features mature trees and a grassy lawn.

The Beverly Hills home is a few steps up the finance ladder from another property that Head and LaFontaine just sold, according to Dirt.com.

On Sept. 9, the Whatnot duo sold a four bedroom, five bathroom 3,200-square-foot home located at 2247 Glyndon Ave. in Venice, was sold for $3.7 million. The farmhouse style home was listed by Laurie Woolner of Campbell Wellman Properties. Representing the buyers was Adam Seid and Tami Pardee of Pardee Properties.

— Andrew Asch