Equity SaaS goes to space as some software startups are in a race to survive
Dec 8, 2023
This week, the hosts dive into the fascinating world of prop tech and its impact on affordable housing. They discuss a startup attracting attention with its innovative renovations for lower-income neighborhoods. The conversation shifts to the challenges in fintech, highlighted by recent shutdowns and layoffs. Meanwhile, a spotlight is cast on connected car technology and the thrilling advancements of a space-focused startup, balancing innovation with investor expectations. The episode closes with insights into the economic shifts affecting financial services.
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Simply Homes' Unique Model
- Simply Homes buys and renovates single-family homes in lower-income neighborhoods.
- They then rent these homes to low-income families through the Section 8 voucher program.
Section 8 De-Risking
- Section 8 vouchers provide predictable income for Simply Homes, reducing investment risk.
- Tenants must meet certain requirements, and the program covers part of the rent.
Success Beyond Unicorns
- Not every business needs to be a unicorn to be successful.
- Helping people while making a profit is a valid business model.