Here's which real-estate tech startups will soar and which will flop in the new normal of how we occupy space, according to 7 top proptech VCs
"Any investment that has under 12 months of runway keeps me up at night, no matter what category it is in, whether they've shown me accelerating sales or decelerating sales," Zach Aarons, co-founder and general partner of MetaProp, said. "Early-stage startups don't have a ton of revenue associated with them, so their cost structures are lower," Wedlake said.
"Unless you're showing accelerating traction and real tailwinds, we probably won't make new investments," Aarons said. Aarons and his co-founder Aaron Block wrote a book, published last year, that provided a far-reaching glimpse into the world of proptech. He has invested in a wide range of real estate tech companies, frominvestment in vacation property startup Vacasa
Not every company can be a unicorn. Learn to take those losses and move on.
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