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20 Boston landlords, brokers sued for alleged discrimination against voucher holders

The Churn in Proptech Could Last Awhile

Firms going out of business, investors pulling back, big names gobbling littler ones — get used to it for 2024 and maybe beyond.

Airbnb or hotel? Overmoon's vacation rental model aims to combine the best of both

In 2023, Overmoon hosted 4,000 guests after more than quadrupling the number of homes it owned from 5 to 22.

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 $3.5 million seed round in July of 2022, according to Crunchbase.

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.

What CEO who fired his entire company during the 2-minute GMeet call told employees

US-based startup Frontdesk, known for redefining temporary housing, recently shut down after laying off its entire workforce due to a lack of capital.

Short-term rental startup Frontdesk reportedly to file for receivership following mass layoff

Milwaukee-based short-term rental startup Frontdesk laid off its entire 200-person workforce earlier this week and is at risk of going under, according to a report by tech news site TechCrunch.

Short-term rental provider Frontdesk lays off entire staff, on the verge of shutting down

Frontdesk has reportedly laid off its entire staff of about 200 people as its attempts to raise more capital failed.

Rentals Startup Frontdesk Lays Off Entire Staff After Failed Funding Round

All 200 full-time staff members along with contractors and part-time staff were dismissed during “a two-minute Google Meet call."

10 of the Biggest Startup Shutdowns in 2023

Over 3,000 startups have shut down this year as venture capital funding continues to be hard to come by.