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Will Airbnb’s co-founder construct your subsequent house?

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Will Airbnb’s co-founder construct your subsequent house?

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Not way back, I puzzled whether or not startups may assist remedy the U.S. housing disaster. Now there’s a brand new identify on the town: Airbnb spinout Samara, which simply secured contemporary funding. As for Dig, it bought acquired not lengthy after I began digging into its class: information safety posture administration. — Anna

The Airbnb playbook

With a scarcity of a minimum of 3.8 million dwellings, the U.S. housing disaster isn’t displaying many indicators of enchancment. Evaluating the state of affairs to what it was only one 12 months in the past, VC agency Gutter Capital famous that it even worsened in some respects — mainly, funding.

“[I]nvestor curiosity within the housing market, beforehand chilled, has frozen over,” managing companion James Gettinger wrote. “Whereas rising rates of interest have been no match for the undersupply of housing, they have been greater than sufficient to scare away enterprise capital traders. We’ve been instructed by proptech funds that they solely put money into software program now. Regrettably, software program can’t construct properties.”

In distinction, Gutter Capital nonetheless stands by the thesis it phrased one 12 months in the past: “There’s a historic alternative in the present day to put money into companies that speed up the event of housing in the US.”



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