Follow the money | Propmodo
Technology is expensive to develop and even more expensive to generate profits. For this reason, one of the main sources of funding for tech start-ups is through venture capitalists, who specialize in identifying and training young tech companies in the hope of harnessing their often astronomical growth. . Venture capitalists have the difficult task of keeping up with technological trends, even those that are unlikely to find their way into our lives for years, if not decades. Once a vertical is identified by the business community, it can lead to the type of investment that can dramatically accelerate the innovation process.
Technology for the real estate industry has captured the attention of investors for years, but never more than now. A change in the way we live and work and a growing need for more efficiency in the way we treat and use real estate is very likely to see huge opportunities in PropTech. But the real estate industry can often be difficult to resolve when it comes to new ideas. This has given rise to a number of companies specializing in technology for the built world. All of them use both their expertise and their relationships with industry to foster the innovation that the companies in their portfolio sell.
For this year’s Metatrend series, we wanted to take a look at what some of the distant trends might be. To do this, we decided to interview some of the venture capitalists betting on PropTech, both to find out what trends they were observing and to understand how they make their investment decisions. We learned about their strategies, analytical processes and a little more about the impact of their personal lives on their investment decisions. When it comes to predicting the future, it never hurts to follow money.