Remove capital Remove enablement Remove incumbents Remove real estate
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Keyway secures funding to buy property from small business owners and lease it back to them

TechCrunch

Founded in September 2020, the New York-based company – which was previously named Unlock – said it uses data science to “ identify, underwrite and close transactions 10x faster than incumbents.” commercial real estate value. ” It describes itself as a “managed marketplace.”

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End-to-end operators are the next generation of consumer business

TechCrunch

As consumers grew more comfortable with the web, marketplaces like eBay, Etsy, Expedia and Wayfair* emerged, enabling historically offline transactions to occur online. The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives.

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Infogrid raises $90M for its AI-driven building monitoring tech

TechCrunch

“Now was the time to raise the capital and use it to drive our expansion,” De Gruchy said. “I set out to answer that problem and defeat the incumbent solution — the clipboard — and that’s the seed that became Infogrid today.”

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What goes up must come down

TechCrunch

Real estate fintech Redfin announced on November 9 that it was laying off 13% of its staff , or 862 people, in response to the continued slowing of the housing market. Interestingly, Kelman appears to be putting his own personal bets into real estate markets outside the U.S. But I digress. Pymnts has more here.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

Last week, Paystand — a blockchain-enabled B2B payments startup — announced it had acquired Mexican fintech Yaydoo — creating a new unicorn in the resulting new entity. The company has raised over $86 million over its lifetime and counts NewView Capital and SoftBank’s SB Opportunity Fund among its backers. and Mexico. and Mexico.

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Varo’s bank charter milestone, more corporate cards and BNPL under a microscope

TechCrunch

This is particularly interesting because many of the existing corporate card players often point to Concur as an incumbent that they are trying to replace. Residential real estate marketplace Sundae last week conducted its second layoff this year. These companies, of course, join a plethora of others in the U.S.

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The Metric that Matters for Startups in 2016

Tomasz Tunguz

” This change in investor mentality is catalyzed by the increasing cost of startup capital. Starting in 2014, and perhaps even a bit before, startups have been able to raise capital at better terms than at any time since 2000. And would might happen if the company didn’t spend all this capital? Market fragmentation.