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Proptech CEO pay, the #s behind Sonder’s $2.2B SPAC deal
Plus, a startup that tracks our cell phones raised $50M National /
Proptech’s payday
A year ago, Redfin CEO Glenn Kelman said he would forgo a salary after the tech brokerage had to furlough 40 percent of agents and staff. Other CEOs followed suit.
But in the end, the pandemic didn’t cause a housing meltdown or a meaningful deterioration in CEO pay.
In 2020, CoStar’s Andy Florance was compensated $21.3 million, according to the company’s recently filed proxy statement. Behind him was eXp World Holdings’ Glenn Sanford with $15.9 million and Zillow’s Rich Barton with $8.4 million. Kelman stuck to his word and collected a salary of $63,609 (instead of $300,000). Sanford also took a smaller salary $656,480 instead of $1.5 million.
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After investing in Clubhouse, Product Hunt CEO backs Israeli startup Placer.ai
The Israeli startup provides businesses with location-based consumer insight in real-time. Though, will Apple s iOS update change things for Placer? Oshry Alkeslasi / 1 May 2021 • 2 min read
Placer.ai, an Israeli startup developing a location analytics intelligence platform, secured $50 million in Series B funding. The round was led by serial investor Josh Buckley, CEO of Product Hunt, who previously invested in Clubhouse. Also participating in the investment were Fifth Wall, Superhuman founder Rahul Vohra; JBV Capital, and Aleph.
Apple updates iOS: No sweat off Placer s back
The Placer.ai platform aggregates data from tens of millions of mobile devices, and from over 500 different mobile apps that use the company’s SDK. The Placer product provides business
CMO s top 8 martech stories for the week - 29 April 2021
All the latest martech, customer and adtech news from Tribyl, Salesforce, Lotame, InMobi, Aleo, BigID, Skyflow and ActiveCampaign
ActiveCampaign raises US$240 million
The biggest funding news this week is from ActiveCampaign, which has raised US$240 million in a Series C round to develop its customer experience automation (CXA) offering.
The round, which brought total financing raised to date to US$360 million, was led by new investor Tiger Global and included new participation by Dragoneer. The Series C investments were completed at a valuation in excess of US $3 billion.
ActiveCampaign plans to investment in product development, ongoing global expansion and acceleration of partner ecosystem initiatives.