Competing for fundsGetty
A couple of weeks ago, I published an article titled "7 Things You Should Consider Before Investing In A Proptech Startup". The piece was aimed at pre-seed and seed stage angel investors, and largely drew on my own personal experience as an investor and startup founder, as well as some empirical research I did with other angel investors. I expected it to resonate most with investors or would-be investors, and was very surprised to be contacted by several startup founders who told me they found my article very useful. Having given it some thought, it's actually not strange at all! After all, startups like to know what makes the people in charge of the purse strings tick. This led me to wonder, what do VCs look for in proptech startups?
The proptech VC world is still a relatively small space, despite significant growth over the past few years. Giants such as SoftBank, Andreessen Horowitz and Sequoia have started to take notice and made huge investments; such as SoftBank's recent rounds with Opendoor and Compass through its Vision Fund. Several proptech only funds have also emerged in recent years. Notable players are Metaprop in N
via www.forbes.com
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