Nine Four Insights

Weekly Reads

The Entrenched Incumbents of Property Management – Yardi, RealPage, and the Future | Nine Four Ventures

“Nine Four, and I suspect other investors in the space, have to turn this question over in our heads constantly. On one hand, there are probably more sophisticated, smarter platforms out there to do some of what Yardi does, but they’ve never seemed to get traction. Yardi/RealPage always seem to win.”

What Co-Living’s Appeal To Millennial And Gen Z Renters Means For Investors | Forbes

“I wrote in October 2017 that co-living was here to stay, and that hasn’t changed over the past two years. With the bulk of Generation Z now out of college and joining a significant percentage of the expected 76 million millennials who have chosen to settle in America’s urban core, their approach to live, work, play is shifting the housing landscape in major cities across the U.S.”

Post-Car Real Estate Developer, Culdesac, Announces First Car-Free Neighborhood Built From Scratch in the U.S. | Yahoo Finance

“Culdesac believes that real estate innovation has failed to keep up with fast-paced changes in mobility. Transportation has evolved beyond car dependency— real estate has not. Culdesac is changing this paradigm and today announced detailed plans for its first neighborhood, a $140 million project called Culdesac Tempe.”

Secretive energy startup backed by Bill Gates achieves solar breakthrough | CNN

“The breakthrough means that, for the first time, concentrated solar energy can be used to create the extreme heat required to make cement, steel, glass and other industrial processes. In other words, carbon-free sunlight can replace fossil fuels in a heavy carbon-emitting corner of the economy that has been untouched by the clean energy revolution.”

Sidewalk Labs details digital systems, says it won’t sell data or use facial recognition | Smart Cities World

“Sidewalk Labs says over 80 per cent of the services and systems it is proposing have already been partially or fully implemented in Toronto or elsewhere around the world. Three-quarters would be procured from third parties, meaning only a quarter would be developed by Sidewalk Labs.”

More Insights

Why We Re-Invested In Latii

We’re excited to announce our follow-on investment in Latii, an online materials marketplace, in a $5M Seed round led by Leadout Capital. It’s a privilege

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