Both Sides of the Table
OCTOBER 22, 2015
And our competitors are not really each other but the incumbent businesses that have 99.9% market share today and are stuck with high real-estate costs, shitty customer service, bad value propositions and no ability to respond to competition because they have effectively become real-estate holding companies that store stuff for cashflow.
Both Sides of the Table
MAY 4, 2015
These are hard things to initially comprehend until you see them in full force as local retailers get wiped out due to their albatross of high real estate costs leading to either higher prices to consumers or lower margins on their p&l statements. Today’s asset – real estate – is tomorrow’s albatross.
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Both Sides of the Table
FEBRUARY 24, 2016
Incumbents became increasingly annoyed with our successes in the country’s largest market – NYC – that they started even taking out ads against us. It’s no wonder incumbents don’t want us to exist. Fragmented markets can be a great target for disruption. Public Storage does about $2.4 Little old us.
Revolution
JUNE 10, 2019
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.
TechCrunch
JANUARY 22, 2021
The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. In the graphic above, notice that most of these companies play in the largest, but notoriously archaic industries like banking, insurance, real estate, healthcare, etc.
TechCrunch
JUNE 30, 2021
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.
TechCrunch
MARCH 4, 2022
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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