Join BI PrimeZeus Living, an Airbnb-backed startup that focuses on corporate housing, laid off almost two-thirds of its staff in three months.
Typically, Zeus signed leases with landlords that guarantee payment every month, regardless of occupancy. It would make money by charging clients a premium over the rent that they were paying for the homes. One landlord told us the changes pushed them to stop working with Zeus. The landlord had signed up with the startup — which they said paid less than a traditional tenant — because rent was always guaranteed.Silver Lake has been plowing money into bets like Airbnb, Twitter, and Waymo. Here's a look inside why it's being called the Warren Buffett of tech.
Since it was founded in 2015, Zeus exclusively used traditional leases to rent properties, in turn operating them and renting them back out to individual and corporate clients. "My business model of committing to leases across all these portfolios, they were just not going to fund it," Taggar said during the call. "They didn't want us to have these liabilities or this capital intensity.
He said he'd been thinking about revenue-share contracts for years, and Zeus began to offer them in the first quarter, initially aiming for a gradual transition.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Inside Biden's Instagram influencer strategy, virtual campaign - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Great Twitter Numbers One Two Three Four Five Six Seven Eight Nine Ten Eleven Twelve Thirteen Fourteen Fifteen Sixteen Seventeen Eighteen Nineteen Twenty. BIDEN=CHILD ABUSER 😤😠
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
30 quotes that take you inside Albert Einstein's brilliant mind - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Einstein had a brilliant mind but also had a set of brilliant Maths Proffs on his team, Einstein had a vision and an idea and would get the maths worked out with his team of Maths Proffessors.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
BUSINESS INSIDER: Starting UpDon’t miss Yieldstreet founder and CEO MilindMehere live on the next Starting Up, at 1PM ET on June 23. He joins drake_baer to talk about how he launched Yieldstreet and grew it into one of the most innovative brands today. Sign up for a reminder here
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Cybersecurity startup Open Raven used this pitch deck to raise $15 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Unclaimed Baggage, seller of lost airline luggage, opens online store - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Parasites. This seems illegal and wrong... Someone's gotta buy it if it isn't claimed... just bought a 600 dslr for 200 I'm happy
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
DOJ to roll back protections for Facebook, Twitter after Trump feud - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Does the DOJ have any other work other than performing Trump bidding Yep, once again, doing something that screws Americans. Yesterday will not be too soon. especially for twitter. they have insulted the !st Am long enough
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »