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What Happened In 2020

A VC: Musings of a VC in NYC

So today, I will write about 2020 in the context of tech/startups/VC/crypto. We are seeing structural declines in the importance of massive sectors like carbon based energy, commercial real estate, retail, and more. 2020 was a great year for early-stage companies and venture capitalists. That’s just how things are.

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Real estate tech startup Offerpad to go public via SPAC merger in $3B deal

TechCrunch

billion in 2020. Offerpad says that by partnering with Supernova to become a public company, it expects it will be able “to accelerate its growth to capture more” of the market. Rascoff believes Offerpad “is incredibly well-positioned to grab a huge piece” of the online real estate market. billion in 2022 and $3.9

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Real estate platform Loft raises $425M at a $2.2B valuation in one of Brazil’s largest venture rounds

TechCrunch

Buying and selling residential real estate is a complex business, no matter where you live. But in Brazil, where no MLS exists, the challenge of digitizing real estate is even greater. billion, a huge jump from its being just near unicorn territory in January 2020, when it raised a $175 million Series C.

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Smart lock maker Latch teams with real estate firm to go public via SPAC

TechCrunch

The New York-based commercial real estate firm is a logical partner for a company whose technology is currently deployed exclusively in residential apartment buildings. Our ability to go into Europe and commercial offices is now accelerated meaningfully because of this partnership. from 2019 to 2020.

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As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

TechCrunch

The whole area was accelerated during the pandemic, when many property viewings migrated from physical to virtual, and this trend has continued to tick upward. Back in 2020, another player, Giraffe360, raised $4.5 Back in 2020, another player, Giraffe360, raised $4.5

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Neighbor raises $53M for self-storage marketplace after 5x YoY revenue growth

TechCrunch

A16z led Neighbor’s $10 million Series A in January of 2020. At a time when the commercial real estate world is struggling, self-storage is an asset class that continues to perform extremely well. And that increased demand led to Neighbor’s commercial real estate footprint growing 10x in 2020. .

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Top Grand Rapids Startups to Watch in 2022

StartupNation

What happens when your real estate transaction is targeted and isn’t secure? They are wire fraud prevention for real estate. According to CertifID, as many as one in three real estate transactions is targeted by fraud. Building Catalyst is also a Conquer Accelerator Grand Rapids pick. BAMF Health.