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Equity
SaaS goes to space as some software startups are in a race to survive
Dec 8, 2023
Tech journalists and writers Mary Ann Azevedo, Kirsten Korosec, and Alex Wilhelm discuss deals in the property play, SoftBank's majority share purchase of Cubic Telecom, and OurSky's space-viewing software system. They dive into troubles in fintech with the shutdown of ZestMoney and layoffs at Navan, and explore mixed signals in the software market. The podcast also delves into the challenges faced by startups, the rise of connected cars, telescope data collection, and struggles and layoffs at Navan (formerly Trip Actions).
34:59
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Quick takeaways
- Simply Homes focuses on buying, renovating, and renting out single-family homes in lower income neighborhoods, aiming to improve economic and social mobility for low-income families while generating profits.
- Cubic Telecom provides a software-based networking solution for vehicles, enabling seamless connectivity between vehicles and mobile networks, enhancing the overall connected car experience and exploring applications in other sectors like agriculture and diagnostics.
Deep dives
Simply Homes: Investing in Low-Income Neighborhoods
Simply Homes is a unique PropTech startup that focuses on buying, renovating, and renting out single-family homes in lower income neighborhoods. They specifically target properties that have the potential to be good investments and rent them out to low-income families through the Section 8 voucher program. By automating the underwriting process and carefully selecting properties, Simply Homes aims to help improve economic and social mobility for these families while also generating profits. Their responsible approach and partnership with the housing authority and realtors contribute to their success.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode