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Sundae closes on $80M for residential real estate marketplace

TechCrunch

Sundae , a residential real estate marketplace that pairs sellers of dated or damaged property with potential buyers, has raised $80 million in a Series C funding round co-led by Fifth Wall and General Global Capital. 9 top real estate and proptech investors: Cities and offices still have a future.

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Has VC Become So Big It Must Be Disrupted?

Tomasz Tunguz

Nathan Heller published an article called Is Venture Capital Worth the Risk? It’s a well-researched critique of the venture industry. The key question he poses is: has the industry become so large that it needs to be disrupted? The evolution of the venture industry parallels the private equity industry.

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Moonshots, Momentum, and Legislative Tailwinds Beyond Silicon Valley

Revolution

Our findings confirmed a significant shift away from the traditional tech hubs of the Bay Area, New York City, and Boston, with the proportion of seed- and early-stage VC dollars funneling into the Bay Area falling below 30% for the first time in more than a decade. There are untold impacts of climate change many of us don’t see.

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Why global investors are flocking to back Latin American startups

TechCrunch

Latin America, they believe, has historically been ripe for disruption, especially in the fintech and proptech sectors, due to the significant underbanked and unbanked population in the region and the relatively unstructured real estate industry. Some are even seeing more opportunity than in the U.S.

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SoftBank deepens commitment to LatAm with two new partners focused on early-stage investing

TechCrunch

SoftBank describes Baer as one of the pioneers of Brazil’s venture capital industry. He joined the investment team of Redpoint eVentures, a LatAm-based early-stage VC fund, in June 2014. QuintoAndar , a Brazilian real estate marketplace. He has invested in more than 20 companies since 2010.

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Ribbit Capital leads $26.7M round for Brazilian fintech Cora

TechCrunch

million in a Series A round led by Silicon Valley VC firm Ribbit Capital. Kaszek Ventures, QED Investors and Greenoaks Capital also participated in the financing, which brings the startup’s total raised to $36.7 Cora , a São Paulo-based technology-enabled lender to small-and-medium-sized businesses, has raised $26.7

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What Angel Investing & Florida Condos Have in Common

Both Sides of the Table

While many of my friends bragged about their 5 condos in Florida I kept talking about how the real estate market was in a bubble – their gains an illusion. I pointed to several Economist articles I had read that mapped historical prices of real estate for 400 years and how on average property values grow at no more 1.5%