Futurism Tech Brief By HackerNoon

Is Starting a Proptech Company Still a Good Idea?


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This story was originally published on HackerNoon at: https://hackernoon.com/is-starting-a-proptech-company-still-a-good-idea.


The need for proptech entrepreneurs to navigate a two-front battle: creating multifunctional solutions that inspire user confidence while appealing to investors
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GPCI: 52% of global proptech startups have reported under 12 months' worth of runway left. Businesses that used to raise rounds as big as $50M are now being sold for single digits, at best. The property market has been hit especially hard by the rate hikes.

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