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Knotel co-founder leaves company, describes investor Newmark as ‘a stalking horse’

Earlier this year, we covered the demise of flexible workspace operator Knotel.
The once high-flying startup had just announced it had filed for bankruptcy and that its assets were being acquired by investor and commercial real estate brokerage Newmark for a reported $70 million.
It was a hard fall for a company that just one year prior had been valued at $1.6 billion.
It was hard to pinpoint exactly the beginning of the end for Knotel, which had raised about $560 million in funding. Some said the pandemic was the nail in Knotel’s coffin, while others pointed out the proptech was already …

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Extra Crunch roundup: Clubhouse UX teardown, YC Demo Day favorites, proptech VC survey, more

Since the pandemic began, I have been pushing the limits of my imagination to try to picture what cities will look and feel like in the coming years.
If your town looks like San Francisco, where I live, it’s a pressing question: Our once-bustling financial district is a ghost town, but even in outer neighborhoods, the number of vacant storefronts is unsettling. People are starting to emerge after sheltering in place for a year, but we are a long way from fully restoring our shared spaces.
What’s going to happen to those semi-vacant office towers, some of which …

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Nomad Redefines Home Buying in Europe and the Middle East

She dropped out of grad school at Stanford to transform the massive real estate market in Europe and the Middle East. Now Co-Founder and CEO of Nomad Homes, Helen Chen, is living proof that following your passion is one of the building blocks of success.Born in Palo Alto, California, Nomad Homes is a digital real estate platform that helps home seekers buy and rent residential real estate. The company just launched in its first city, Dubai, United Arab Emirates last month.A passion for real estateIt all started with Chen’s passion for real estate — which dates back to …

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