Remove incumbents Remove investment Remove real estate Remove venture capital
article thumbnail

What To Do When Your Competitor Gets Funded?

Both Sides of the Table

announced they raised $9 million from Sequoia , arguably the best venture capital firm that exists. Conventional wisdom says I shouldn’t tell you this because I invested in their main competitor, MakeSpace. Clutter is LA based and many of my friends invested. ” In summary: The competitors are the incumbents.

article thumbnail

The Future of Hospitality is Here

Revolution

Image courtesy of Mint House Real estate lies at the core of our everyday lives?—?it Yet, technology adoption within the real estate community as a means to fundamentally disrupt how physical assets behave and how transactions occur was lagging up until the last couple of years.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Former Zillow execs raise $70M seed round for Tomo, which wants to simplify the mortgage process

TechCrunch

The latest startup to raise venture money with the goal of making the process “smarter and faster” is one that was founded by a pair of executives that spent years at real estate giant Zillow. according to Crunchbase), but especially for the real estate tech space (perhaps the largest ever). They were once rivals.

article thumbnail

Why the startup sector should keep its eye on the SEC

TechCrunch

But these disclosures carry significant financial costs for small, private companies — and they carry the extra risk of exposing sensitive financial information to competitors and large corporate incumbents. Moreover, penalties for noncompliance could permanently damage a company’s ability to raise capital.

startup 102
article thumbnail

The Interchange: Stripe takes a swing at Plaid

TechCrunch

It also resurfaced talk of when Stripe reportedly pressured investor Sequoia to back off from an investment that smelled like competition. In other words, incumbents in some cases need fintechs even as they compete with them. million in a round led by Firebrand Ventures. It expects to achieve a second close by the end of June.

article thumbnail

Fintech Roundup: Will financial technology startups dodge the venture slowdown?

TechCrunch

Startups like these are keeping the incumbents (relatively speaking) on their toes. In other notable news, Robinhood this week announced it was launching a new debit card that allows for spare-change investing. Robinhood expands into consumer finance while Apple steps up its fintech game. Image Credits: Mila Ferrell / Cervin.

article thumbnail

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. In other Goldman Sachs news, Bloomberg reported that the investment banking and financial services giant is “ embarking on its biggest round of jobs cuts since the start of the pandemic.”