Nine Four Insights

Weekly Reads

SaaS: Gateway to FinTech Fund Flows | Nine Four Ventures

“In this post, I build upon my previous blog and discuss how SaaS and payments and even lending represent other combinations contributing to the creation of deep activity systems leading to bigger addressable markets, expedited growth and greater differentiation.”

Redefining What Makes A Smart Home ‘Smart’ | Forbes via SmartRent

“A true smart home ecosystem is one where the devices connect, integrate and work with other devices in the system; offer connectivity beyond the home they service, such as the ability for users to control the devices remotely; and work in harmony with the user’s lifestyle, rather than disrupt it.”

We’re About To Find Out How Durable The Coworking Business Model Is | Bisnow

“Flexible offices were envisioned as communities where a new form of work could thrive, one where startups and smaller businesses could share the kind of splendid amenities once reserved for major corporations, with short-term leases that didn’t tie them down to traditional spaces. That has left the industry vulnerable.”

Redfin pulls plug on iBuying program | The Real Deal

“The Seattle-based firm, led by CEO Glenn Kelman, made the announcement Wednesday, according to the Wall Street Journal. It had stopped buying ads for the program earlier this month. Like other iBuyers, RedfinNow used an algorithm to buy homes, before renovating them and quickly selling them for a profit. The growing business represented 42 percent of Redfin’s $233 million in fourth-quarter revenue, according to the company’s financials.”

Cuomo exempts construction, certain residential services from virus order | The Real Deal

“Gov. Andrew Cuomo signed an executive order, released Wednesday night, that requires businesses to limit their in-office workforce to 50 percent. The governor announced the order Wednesday morning but did not specify what “essential” businesses would be exempt from the rule, which goes into effect 8 p.m. Friday. The order includes construction, transportation infrastructure, financial institutions, shipping and “essential operations of residences” among the businesses that do not have to comply with the rule.”

It’s Time to Think Differently | Work Design Magazine

“Innovative strategies will take advantage of new practices and technology and evolve into creating something that better serves our community and society. The things that are normal now will change. The open office as we know it will probably not survive. Remote is not remote anymore, it’s a new normal. Collaboration will take on a new meaning and produce new tools. Mobile work, activity-based work and agile work will be further refined. Change management will emerge as a critical process to keep employees aligned.”

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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