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

Revolution

For years, tech companies, talent, and venture capital were concentrated on the coasts — a precedent the pandemic tipped, if not flipped. Housing affordability is a visceral issue for communities, and local decision-makers are struggling to keep up with the scale of the problem. Tech moves fast, but real estate moves slow.

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How a Company Becomes a Pillar of Its Local Community

Revolution

But Detroit prevailed in large part because a handful of companies within the auto manufacturing community served as “tentpoles,” firms so powerful and successful that they anchored an entire economic ecosystem. Third, to become a tentpole, a company must create wealth that the whole community can feel. as do manufacturing workers.

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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.

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Real estate tech startup Side raises $50M more at a $2B valuation as it preps for an IPO

TechCrunch

Side , a real estate technology company that works to turn agents and independent brokerages into boutique brands and businesses, has raised “$50 million-plus” in a funding round that doubles its valuation to $2 billion. Today, the company’s community of agent partners represents over $15 billion in annual production volum e.

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Incentives in Venture Capital, Why You Should Avoid Your Competitors’ Investors, China’s Malaise, and More [link blog]

Hunter Walk

It’s Never Been More Important to Understand Your Capital Provider’s Business Model [Charles Hudson/Precursor] – Charles is just a wonderful human and his posts about venture capital are essential for anyone who considers themselves part of the startup community.