CRETech
November 22, 2019
SoftBank Group CEO Masayoshi Son has recently admitted that he made several big mistakes when investing in U.S. tech companies, especially with (surprise!) WeSomehowStillExistWork. It turns out that telling the eccentric leader of a new company he is not being crazy enough can occasionally end up not being the best advice. As Son looks to restore the reputation of himself and his company, The...
News Archives | Page 662 of 1015 | CREtech
SoftBank Group CEO Masayoshi Son has recently admitted that he made several big mistakes when investing in U.S. tech companies, especially with (surprise!) WeSomehowStillExistWork. It turns out that telling the eccentric leader of a new company he is not being crazy enough can occasionally end up not being the best advice. As Son looks to restore the reputation of himself and his company, The...
Artificial intelligence (AI) has generated increasing interest in “future of work” discussions in recent years as the technology has achieved superhuman performance in a range of valuable tasks, ranging from manufacturing to radiology to legal contracts. With that said, though, it has been difficult to get a specific read on AI’s implications on the labor market. In part because the technolo...
Inhabitr, a Chicago-based furniture rental platform, has today announced the close of $4 million in Series A funding, led by Great North Labs. Inhabitr launched in 2016 after the co-founders, who have gone through dozens of moves between the two of them, decided that purchasing, moving and maintaining furniture is one of the biggest pain points of the whole process. Inh...
The following research investigates the application of security tokenization to commercial real estate assets. Primary research through interviews was conducted to uncover some of the most salient use cases and blockchain benefits for the space. The report explores three domains of blockchai...
I have had the pleasure of knowing Ben Liao, Managing Director at Techstars, for several years. He is someone that I am proud to call a friend, colleague and who is truly an inspiration to me personally. His passion for changing an entire industry along with his extraordinary work ethic serves to inspire me daily in my role leading CREtech.com. He has been a tireless supporter of our company and I...
WeWork is laying off 2,400 employees as it works to cut costs and right-size the business, the company confirmed to CNBC.In a statement, a WeWork spokesperson said the cuts were being made as part of the company’s efforts to “create a more efficient organization” and refocus on the core office-sharing business. The job reductions represent 19% of WeWork’s total workforce, which amounted to...
A new era of technology has ensured that the contemporary customer expects real-time, on-demand services, readily available at their fingertips. As customer experience (CX) expectations grow, businesses are adopting value-over-volume and people-centric approaches to stay competitive. Within the facilities management function of the commercial real estate sector, which traditionally focused on phys...
Founders First Capital Partners, an accelerator and investment firm that provides revenue-based financing to businesses led by “underrepresented entrepreneurs” operating in underserved markets, has received a $100 million commitment to expand its operations. The San Diego-based investor raised the debt financing from Community Investment Management, a large debt-focu...
SoftBank Group Corp.'s Vision Fund, according to a report from Forbes, is in negotiations to lead a new $150 million investment round into Missouri-based startup EquipmentShare. Forbes said it is basing its report on a review of prospectus documents. EquipmentShare, which is an equipment rental marketplace that also provides telematics and equipment utilization services, has had sales this year f...
Potomac, Maryland-based Curbio has launched a strategic partnership with D.C.-based TTR Sotheby’s International Realty, a luxury real estate firm. Through this partnership, TTR Sotheby’s International Realty agents will gain access to marketing resources and trainings from Curbio to “help them win listings and educate their seller clients on the benefits of renovating before selling their h...