What Matters This Week - 12.11.10
The first, big PropTech IPO
What Matters This Week is a summary of articles, news, and fundings that mattered this week in (mostly commercial) Property Technology. It cuts through the hype and marketing that assaults our inboxes.
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On to this week’s deals and data:
Fundings:
Sundae, a distressed home/seller marketplace, raised a $36 Series B led by QED.
Codi, a marketplace of homes where you can cowork, raised $6.4M led by NfX.
SmartVid.io, a construction safety startup, raised $5M led by Sony Innovation Fund.
Stuf, a startup that turns unused space into storage for rent, raised $1.8M led by Wilshire Lane Partners.
Articles:
Motley Fool has some nice shoutouts in this piece on What is PropTech?.
Packy doesn’t think we are going back to offices. As a former Breather exec, he’s got some experience.
NfX on a world-class team.
News:
Way to crush it, AirBnB! Regardless of the long-term price of that stock, I’m proud of all of our AirBnB friends and what they accomplished yesterday!
Interesting thought:
“most companies should just be API Frankensteins with one main point of differentiation.” - From Packy (above)
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