Daily Crunch: Property management startup Doorstead raises $21.5M Series B
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We've come to Friday! If you're looking for a good podcast episode, I highly recommend today's Equity where Natasha M, Mary Ann and Becca talk about CES, NYE, SBF and FTX – oh my! Thanks also to you, Daily Crunchers, for reading yesterday's newsletter and helping to make it one of today's most read stories. It warms my heart and I hope today's news is just as exciting. Without further ado… —Christine
TechCrunch's top 3 Knock, Knock is the tenant guarantee at the door: Landlords don't always have peace of mind when renting out their spaces, but Doorstead believes their approach solves that problem. Mary Ann reports that the company secured $21.5 million in new funding to not only tell you how much rent you can expect, but also to make sure you always have a tenant for your rental property. Credit buzz: Indian fintech KreditBee's subscription business model to help people get microloans has attracted even more venture capital - $100m, in fact - to take the company's valuation to almost 700 million dollars, writes Manish. Seeing is believing: Haje reports on "Lumus' offer to make AR glasses a little less squeaky". Tech Crunch @ CESIf you liked that article above on Lumus, you'll love what the TechCrunch team has in store for you today as they continue to cover the Consumer Electronics Show in Las Vegas. Two days left!
Gadgets and gadgets galore:
Will record dry powder levels trigger a delayed boom in start-up investments?
Image credits: Tim Robberts / Getty Images
There's a subtext to the waves of layoffs and Craigslist ads for discount office furniture: Tech investors have amassed around $290 billion in dry powder.
“Despite the slowdown, strong cash and tailwinds for digitization spending lead some market participants to believe we are in a solid investment cycle,” say Raphael Mukomilow and Pierre Bourdon of Picus Capital.< /p>
After tracking uninvested capital by year since 2006, the pair found that "a crisis in the investment landscape has often been followed by years of systematic outperformance of returns, and the story has a way to repeat yourself."
Three other members of the TC+ team:
TechCrunch+ is our membership program that helps founders and start-ups te...
Get a summary of the biggest and most important stories from TechCrunch delivered to your inbox every day at 3:00 p.m. PST, register here.
We've come to Friday! If you're looking for a good podcast episode, I highly recommend today's Equity where Natasha M, Mary Ann and Becca talk about CES, NYE, SBF and FTX – oh my! Thanks also to you, Daily Crunchers, for reading yesterday's newsletter and helping to make it one of today's most read stories. It warms my heart and I hope today's news is just as exciting. Without further ado… —Christine
TechCrunch's top 3 Knock, Knock is the tenant guarantee at the door: Landlords don't always have peace of mind when renting out their spaces, but Doorstead believes their approach solves that problem. Mary Ann reports that the company secured $21.5 million in new funding to not only tell you how much rent you can expect, but also to make sure you always have a tenant for your rental property. Credit buzz: Indian fintech KreditBee's subscription business model to help people get microloans has attracted even more venture capital - $100m, in fact - to take the company's valuation to almost 700 million dollars, writes Manish. Seeing is believing: Haje reports on "Lumus' offer to make AR glasses a little less squeaky". Tech Crunch @ CESIf you liked that article above on Lumus, you'll love what the TechCrunch team has in store for you today as they continue to cover the Consumer Electronics Show in Las Vegas. Two days left!
Gadgets and gadgets galore:
Will record dry powder levels trigger a delayed boom in start-up investments?Image credits: Tim Robberts / Getty Images
There's a subtext to the waves of layoffs and Craigslist ads for discount office furniture: Tech investors have amassed around $290 billion in dry powder.
“Despite the slowdown, strong cash and tailwinds for digitization spending lead some market participants to believe we are in a solid investment cycle,” say Raphael Mukomilow and Pierre Bourdon of Picus Capital.< /p>
After tracking uninvested capital by year since 2006, the pair found that "a crisis in the investment landscape has often been followed by years of systematic outperformance of returns, and the story has a way to repeat yourself."
Three other members of the TC+ team:
TechCrunch+ is our membership program that helps founders and start-ups te...
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