Another proptech startup crashes and burns, citing ‘current interest rate environment’
TechCrunch
JANUARY 8, 2024
Here, a fractional short-term vacation rental marketplace, has shut down after just over two years of operation. The Miami-based startup, which had raised a known $5 million in funding, posted on its website on January 3 that it was ceasing operations “due to the current interest rate environment and economic conditions.”
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