Discover the intersection of luxury and shared ownership with the innovative co-ownership model for vacation homes. Dive into the latest acquisition in HR tech, as The Muse expands its reach by buying Fairygodboss, sparking discussions on the future of startup roll-ups. Explore the evolving landscape of venture capital, where Q3 funding trends reveal regional shifts and emerging investment practices. Plus, hear about the personal challenges and excitement surrounding an upcoming live event in San Francisco.
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Co-ownership Models for Vacation Homes
Getaway and Pacaso offer co-ownership models for vacation homes, targeting different price points.
Pacaso focuses on luxury homes, while Getaway aims for greater accessibility.
insights INSIGHT
Investment Angle in Co-ownership
Co-ownership models offer an investment twist, allowing fractional ownership.
This blurs the lines between vacation rentals and traditional second homes.
insights INSIGHT
Luxury Vacation Home Demand
While co-ownership models cater to the wealthy, there's a significant demand for luxury vacation homes.
The high-end real estate market exists, regardless of broader homeownership trends.
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Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Before we get into this week’s show notes, some programming items:
First up, use code “EQUITY” for a special listener discount for Disrupt tickets. We’re mere days away, and you should come hang out with us when we record on opening day!
That behind us, what did Mary Ann, Natasha and Alex get into today? A whole host of things. Here's the rundown:
Getaway and Pacaso: What happens if you mix Airbnb, vacation homes, timeshares, and REITs? A very interesting startup cluster, it turns out. These two companies brought Mary Ann and Natasha into the same reporting space and gave us a good chance to discuss the luxury market.
The Muse gets acquisitive: One of the most interesting deals we saw in the last week was The Muse buying Fairygodboss, a recruiting platform aimed at working mothers. The deal got us thinking about roll-ups in various sectors of the startup market, and where we might first see more activity. As Natasha recently put it in Startups Weekly, here's three words to consider about the market right now: Toil, Trouble, Startup Acquisitions.
Party/Hangover: Mary Ann's weekly column, The Interchange, is a brill focused look at the latest (and sometimes the not-so-greatest) in fintech. We talk about her recent interview with Index's Mark Goldberg, and why he's talking about the party being over and crypto a side character.
Q3 VC: Alex is digging through Q3 venture capital data as quickly as possible, working to get an understanding of where things are. It appears that United States-based venture activity is hanging in there, while the picture is a bit more dire globally. Elsewhere, fintech investment is falling, as is dealmaking in crypto-land.
Ownership for all: We end with a look at some recent efforts to challenge venture's traditional structure. Shout out to Chattanooga's Brickyard, which recently raised a $17 million fund, on giving founders 10% of the GP's carried interest in the new fund. Sharing is caring. And really, it's just fair.
OK! That's it! It's time to pack up and make the trip to San Francisco, where we cannot wait to see your pretty faces. Chat soon!
Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.
Equity