“You have to always normalize to cycle averages,” Gavin Myers said. “[That] kind of discipline is something that we’ve always employed. It’s why we didn’t get too overextended in our transactional businesses and why we found businesses that based on the valuations we paid, the capital they raised and how they deployed the capital, have been able to consistently grow, even though we’ve been at a cycle trough for more than the last 18 months.” Great insights on the current dynamics in the proptech market from our Managing Partner, Gavin Myers, in Philip Russo's latest feature in Commercial Observer.
Investors go with the funding flow into #realestate tech. My latest feature in today's #PropTechInsider: Proptech Funding Starts to Pick Up Again https://lnkd.in/ejSXpEzS #PropTech #Property #VCs #VentureCapital #Funding
