As Compass enjoys unicorn status, there’s less VC money for its peers

By November 11, 2016Uncategorized
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NEW YORK — When it comes to real estate, buyers just aren’t approaching the market with the same intensity they had years ago. Tech companies that specialize in real estate, however, remain an attractive target for venture capitalists.

While overall deal activity has been steady, VCs are writing smaller checks. In other words, less money is going toward early-stage startup, or the ones that haven’t quite reached a Compass-level valuation. The trend could lead to more M&A opportunities as investors…