An old-school CEO and the stereotypical, millennial CEO probably disagree on many factors about the workplace, but one universal belief that has withstood the test of time is that workplaces need furniture. Branch (the company was previously known as Bureau) makes high-quality, office furniture for growing companies, taking care of all the logistics from design to […]
Real Estate
A 360 Degree View Of Incubating Mechatronics
Recently, private equity giant Blackstone Group announced the acquisition of Colony Capital for $5.9 billion, a deal that encompasses 60 million square feet of warehouse space across 465 facilities. Blackstone is reported to manage now over $250 billion worth of property worldwide, and the Colony purchase comes on the heels of previous warehouse acquisitions of Singapore’s GLP […]
Here’s the Letter WeWork Employees Just Sent to Management
To the We Company Management Team: WeWork’s company values encourage us to be “entrepreneurial, inspired, authentic, tenacious, grateful and together.” Today, we are embracing these qualities wholeheartedly as we band together to ensure the well-being of our peers. We come from many departments across the company: building maintenance, cleaning, community, design, product, engineering and more. […]
SquareFoot Raises Another $16M to be the Modern Commercial Real Estate Brokerage
Normally, there is a negative implication when people say “it doesn’t fit anymore”, but this implication does not apply when it comes to outgrowing office space! In commercial real estate (CRE), flourishing companies contribute to 75 percent of the leases that are signed every year. SquareFoot is the CRE company that is dedicated to helping […]
LEX Raises $4M to Open Up Commercial Real Estate to Retail Investors
You don’t need to be a multi-millionaire to start investing in commercial real estate now that LEX is on the market. LEX is the marketplace that allows non-accredited investors to build a diversified property portfolio, starting with shares that cost $100. Investors are able to transact through the company’s platform, providing the much-needed liquidity that […]
Trends Defining the Future of Real Estate
It’s hard to keep up with all the ways technology is changing various industries, especially in home and design. The Future of Home conference was a two-day event that featured in-depth conversations with top designers and industry leaders, such as Cheryl Young from Zillow and Patrick Sisson from Curbed. Young and Sisson reflected on how […]
Prevu Raises $2M to Make the Home Buying Process More Equitable
The typical 6% commission fee that is equally divided between the buyer’s broker and seller’s broker has been a traditional part of any residential real estate transaction. Prevu, the full-service technology-powered brokerage, challenges this model in an area where homebuyers have access to information on available homes at their fingertips thanks to the internet. The startup’s […]
Esusu Raises $1.6M to Make Paying Rent a Credit Building Activity
Rent reporting is a great alternative way for lower and middle-income families to build credit. Traditionally there has been no easy, streamlined way to report rent, so less than 1% of rental payment data is reported to the credit bureaus. This is beginning to change due to platforms like Esusu, the credit building app that […]
Salaryo Raises $5.5M to Help Entrepreneurs Finance Security Deposits at Coworking Spaces
The total number of coworking spaces worldwide is estimated to be 26,000 by 2022, a 42% increase from 2019. Salaryo provides financing options at coworking spaces to help tenants with security deposits as well as credit lines to fuel their businesses. The company, founded in 2017, is the first, fully digital platform to provide security deposit […]
WeWork Eats Up Restaurant Coworking Startup Spacious
WeWork or The We Company has agreed to acquire Spacious, the coworking outfit that offers space in restaurants during the day. Terms of the transaction were not disclosed but the Information has reported that the transaction was worth $42M; half in stock and half in cash. “In WeWork, we have found much natural alignment across […]
Fund That Flip Raises Another $11M to be the Funding Solution for Real Estate Speculators
Reality television shows like Fixer Upper or Rehab Addict have shown the promise and profits of real estate flipping or wholesale real estate investing. One of the biggest factors that determine the success of a project is the ability to finance the properties and associated renovations with capital efficiency. Fund That Flip is the lending marketplace […]