Another proptech startup crashes and burns, citing ‘current interest rate environment’

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.” Fiat Ventures led its […] © 2023 TechCrunch. All rights reserved. For personal use only.

Another proptech startup crashes and burns, citing ‘current interest rate environment’

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.” Fiat Ventures led its […]

© 2023 TechCrunch. All rights reserved. For personal use only.