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Smart lock maker Latch teams with real estate firm to go public via SPAC

TechCrunch

The company is set to go public courtesy of a merger with blank check company TS Innovation Acquisitions Corp. The New York-based commercial real estate firm is a logical partner for a company whose technology is currently deployed exclusively in residential apartment buildings.

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Unpacking Chamath Palihapitiya’s SPAC deals for Latch and Sunlight Financial

TechCrunch

Keyless locks = Peloton for real estate. As Chamath tweeted this morning, Latch is merging with TS Innovation Acquisitions Corp , or $TSIA. The SPAC is associated with Tishman Speyer, a commercial real estate investor. You can see the synergies, as Latch’s products fit into the commercial real estate space.

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Singapore wealth management platform Endowus raises $35M

TechCrunch

This time it’s $35 million with new investors, including Citi Ventures and MUFG Innovation Partners, bringing the company’s total raised so far to $95 million. Since TechCrunch last covered Endowus, it has launched more services like low cost passive index funds in Singapore and Endowus Private Wealth for high-net-worth individuals.

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Why the startup sector should keep its eye on the SEC

TechCrunch

Anthony Cimino Contributor Share on Twitter Anthony Cimino , head of policy at Carta , works with policymakers and innovators to drive economic opportunity through expanding equity ownership and private market liquidity. And the scale of the SEC’s proposed reforms should alarm entrepreneurs, investors and employees in the innovation economy.

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Proptech: the disruption of real estate

Apiumhub

Real Estate Technology or Property Technology is often referred to as RE Tech or PropTech. Basically, it is a use of technology in the real estate industry to make transactions more efficient. So, what is PropTech? Proptech benefits & opportunities. Virtual reality.

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Alto raises $40 million to help individuals make tax-savvy investments in assets like crypto and artwork

TechCrunch

Institutions have fueled a large part of this growth, investing at record pace into alternatives like crypto, private companies and real estate. In contrast, most high-net-worth investors and institutions have much higher allocations to alternatives, ranging from anywhere between 15 to 80%, Satz said.

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What goes up must come down

TechCrunch

Real estate fintech Redfin announced on November 9 that it was laying off 13% of its staff , or 862 people, in response to the continued slowing of the housing market. Interestingly, Kelman appears to be putting his own personal bets into real estate markets outside the U.S. But I digress. Weekly News.