Wikipedia:Articles for deletion/Patch of Land

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The following discussion is an archived debate of the proposed deletion of the article below. Please do not modify it. Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review). No further edits should be made to this page.

The result was delete. Deor (talk) 10:56, 3 August 2014 (UTC)[reply]

Patch of Land[edit]

Patch of Land (edit | talk | history | protect | delete | links | watch | logs | views) – (View log · Stats)
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Non-notable real estate crowdfunding start-up which comprehensively fails both the inclusion criteria for companies and the general notability criteria. Founded less than a year ago (October 2013), it claims to have raised $3 million (a pittance in terms of real-estate investment). The sources are [1] a quote from its founder in a trade publication; [2] name simply appears in a list of such companies in a Forbes blog; [3] name simply appears in a list of such companies in a Wall Street Journal article (link leads to a pay wall, but article can be accessed in full via a Google search); [4] and [5] obvious press-release based "articles" in a trade publication. I can find nothing better.

Background This is the third time this article has been created and re-created in the last three days [1]. It was first created by an editor who has stated that she is affiliated with the company: "I am having a hard time understanding why we got deleted, since some of our competitors Fundrise and American Homeowner Preservation both have articles on Wikipedia" (my bolding). It was speedy deleted per WP:A7 (no credible claim to significance). Interestingly, it was then re-created by User:American Homeowner Preservation (now blocked) who has the same name as one of Patch of Land's competitors, American Homeowner Preservation. It was speedily deleted per WP:G11 (Unambiguous advertising or promotion). It has now been created once again by the original editor. Note that User:American Homeowner Preservation also created Real estate crowdfunding. The text in that article is so short, it could easily be merged into Crowdfunding. The article is basically a list of over 50 real estate crowdfunding platforms/companies . Search engine optimization? – Voceditenore (talk) 07:31, 26 July 2014 (UTC)[reply]

Note: This debate has been included in the list of Business-related deletion discussions. Voceditenore (talk) 07:41, 26 July 2014 (UTC)[reply]
Note: This debate has been included in the list of California-related deletion discussions. Voceditenore (talk) 07:44, 26 July 2014 (UTC)[reply]
  • Delete If everything in the micro-stub of an article is assumed to be true, it only supports regional interest at some level. The bulk of information about the company seems to come from a promotional publication, Times Realty News (TRN), which is not a neutral source. That also nixes Forbes, because they made trivial mention of Patch of Land as one of "the other 15 players in this emerging industry," and they list their source for that trivia as TRN. Real Estate Weekly (REW) gives them good coverage, and IMO looks like a RS, but it is a local publication for the Tri State Area. I cannot access the WSJ article, so maybe that plus REW would be reliable sources if the WSJ article gives them more than a trivial mention. But what is the claim of significance? That they have "completed projects" in four states? I have "completed projects" in six states and eight countries, and that is not significant. If they mean they gave home loans to customers in four states, that hardly seems significant to me for an American company that exists to make home loans. I think WP:A7 still applies. In any case, a financial investment organization that has just "beat the $3 million mark" seems like a very small player, and not notable on its own merits, regardless of whether their competition got their own WP article. Dcs002 (talk) 09:03, 26 July 2014 (UTC)[reply]
  • Dcs002, if you Google "Real Estate Sector Moves Crowdfunding Beyond the Trinkets" and click on the Google link, for some reason the whole WSJ article appears, at least in the UK. The sum total of the company's mention in that article (which centers on a California retiree who invests in real estate via crowdfunding sites) is:
"Since February, he has invested about $1.2 million in real estate through seven different platforms including Innovational Funding LLC's iFunding, RealCrowd Inc., Realty Mogul Co., Patch of Land Inc. and Fundrise LLC, placing bets that range from $10,000 to $105,000."
Voceditenore (talk) 12:50, 26 July 2014 (UTC)[reply]
A pretty trivial reference then. Notability is missing, and definitely COI. Dcs002 (talk) 13:44, 26 July 2014 (UTC)[reply]
The above discussion is preserved as an archive of the debate. Please do not modify it. Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review). No further edits should be made to this page.