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Republic’s metaverse real estate arm spins off, rebrands as Everyrealm

TechCrunch

Over $500 million worth of real estate was sold on the top four metaverse platforms in 2021, data shows. Traditional real estate companies are amongst the many investors flocking to stake their claim on plots of land in virtual worlds like Decentraland and Sandbox.

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Fractional lands $5.5 million to let friends (and strangers) invest in real estate together

TechCrunch

As teammates at buy now, pay later fintech Affirm, Stella Han and Carlos Treviño bonded over their shared background of growing up in real estate families. Fractional , a San Francisco-based startup, wants to make real estate ownership more accessible. Community is the new AI. ”

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Potential Conflicts of Interest in Proptech

Revolution

Unpacking Proptech: A data-driven series on advancing built world innovation As mentioned in Part 1 , an outsized portion of the proptech investor base comes from the real estate community — a reality I would argue is complicating the industry’s growth. VC firms are not blameless — over 1.8K

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Today’s Tech Hubs: Labor and Housing Dynamics in the Post-Pandemic Era

Revolution

While VC dollars still overwhelmingly funnel into places like Silicon Valley, Brookings research shows tech jobs are finally spreading out — movement spurred by the availability of hybrid and remote work, private investment, and federal initiatives. Tech moves fast, but real estate moves slow.

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How a Company Becomes a Pillar of Its Local Community

Revolution

At the turn of the 20th century, any number of American municipalities with similar access to talent, materials, investment, and transportation might have emerged as the beating heart of the automobile industry. Third, to become a tentpole, a company must create wealth that the whole community can feel. as do manufacturing workers.

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Burn, baby, burn. Real estate-focused fintech startups feel the heat

TechCrunch

Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry. Layoffs in the sector began — and they took place in a range of real estate tech companies, big and small. Low interest rates mean more purchases and refinances.

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Side raises $150M at $1B valuation to help real estate agents go it alone

TechCrunch

Side , a real estate technology company that works to turn agents and independent brokerages into boutique brands and businesses, announced Monday that it has raised $150 million in Series D funding. Today, the company’s community of agent partners represents over $15 billion in annual production volum e.