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NEWS

  • City's leading VC says crypto has hit bottom

    CRAINS NEW YORK 12/12/18

    After advising that investors sell at the January peak, Fred Wilson says it's time to take a fresh look at the sector Fred Wilson is probably New York's most successful venture-capital investor. His firm, Union Square Ventures, was an early backer of Twitter, Etsy and Kickstarter, to name a few.... Read more

  • Co-Living Company Raises €1B For Massive U.K. And European Push To Become 'The WeWork Of Co-Living'

    BISNOW 12/12/18

    Berlin-based co-living company Medici Living has raised €1B to undertake the largest investment in the nascent sector anywhere in the world so far. Medici has teamed up with Frankfurt-listed investment manager Corestate Capital to deploy €1B of equity and debt over the next three to five years to buy and develop... Read more

  • #PropTech Venture Capital Trends from November

    DREAMIT VENTURES 12/12/18

    According to RE:tech, venture investors deployed over $3.2 billion into real estate tech startups in November. The majority of this capital went to just three companies. WeWork raised $3 billion, while Nested and PropertyFinder raised just over $120 million each. All other earlier stage real estate tech startups split the... Read more

  • SoftBank invests in parking startup ParkJockey pushing valuation to $1 billion

    TECHCRUNCH 12/12/18

    SoftBank continues to invest in the future of transportation — this time in ParkJockey, a startup that has built a technology platform aimed at monetizing parking lots. And ParkJockey, which was founded in 2013, is already using that capital to scale up. Along with the SoftBank investment news, ParkJockey also... Read more

  • StreetEasy is raising its fee for rental listings

    THE REAL DEAL 12/12/18

    It’s only getting worse for rental brokers. In summer of 2017, StreetEasy upset boatloads of New York City real estate agents when it introduced a daily fee for rental listings. Now it’s upping the cost. The portal will charge $4.50 per rental listing per day, up from $3, StreetEasy’s general... Read more

  • City's leading VC says crypto has hit bottom

    CRAINS NEW YORK 12/12/18

    After advising that investors sell at the January peak, Fred Wilson says it's time to take a fresh look at the sector Fred Wilson is probably New York's most successful venture-capital investor. His firm, Union Square Ventures, was an early backer of Twitter, Etsy and Kickstarter, to name a few.... Read more

  • Richard Socher: The real danger of AI is human bias, not evil robots

    VENTUREBEAT 12/12/18

    Richard Socher gets around. He’s the founder of MetaMind, an artificial intelligence (AI) startup that raised more than $8 million in venture capital backing from Khosla Ventures and others before being acquired by Salesforce in 2016, and he previously served as adjunct professor at Stanford’s computer science department, where he... Read more

  • Knotel adds another 80K sf of space to Manhattan portfolio

    THE REAL DEAL 12/12/18

    Flexible office company Knotel continued its expansion across Manhattan, signing three new leases for a combined 80,000 square feet in Chelsea. The biggest deal is the firm’s 51,000 square feet at the Rosen family’s 27 West 23rd Street property, where Knotel will occupy the second and third floors and share the... Read more

  • 6 Reasons These Entrepreneurs Crush It While Others Merely Succeed

    INC 12/12/18

    Confidence, risk-taking, delegation: America's most remarkable entrepreneurs have a few key traits in common. Two weeks after earning her real estate license in 2013, Liz Abrams was leading motivational sessions for more than 70 agents at the brokerage where she worked. Abrams had surged from the starting gate, nailing 22... Read more

  • VTS Named #1 CRM for the Commercial Real Estate Industry at the CREtech Real Estate Tech Awards

    BUSINESS WIRE 12/12/18

    NEW YORK--(BUSINESS WIRE)--VTS, the commercial real estate industry’s leading leasing and asset management platform, was chosen as the first place winner in Customer Relationship Management (CRM) and Marketing at the fifth annual CREtech Real Estate Tech Awards (#RETAS), presented by CREtech (cretech.com). The #RETAS recognize the most innovative and cutting-edge... Read more