“It’s difficult to recall another company that has managed such growth in cash generation in such a short period of time, driven mostly by operations and not other financial acts. Zoom’s customer numbers were similarly sharp, with the firm reporting that it had 265,400 customers with more than 10 seats (employees) at the end of the quarter, which was up 354% from the year-ago period.”
“Late-stage venture rounds, plus technology growth, is stable year over year for this four-month timeframe at $54 billion with a greater share of overall dollars coming in at 66 percent versus 59 percent in 2019. Late-stage peaked in 2018 due to funding expansion in China, followed by a contraction in 2019.”
Office Towers Are Still Going Up, but Who Will Fill Them? | The New York Times
“If the economic pain drags on, there could be long-lasting changes to the way people work and how tenants want offices to be reimagined, said Joseph L. Pagliari Jr., clinical professor of real estate at the University of Chicago’s Booth School of Business. Some of the changes — like more spacious elevators — could be costly to put into place, he said.”
“In addition to asking questions about your potential proptech solutions, consider the process of implementation. If you’re held back by a lack of IT support, worried about training staff, or curious about the integration with existing software, look for proptech solutions that are easy to implement, have a short learning curve and are already able to integrate into the software you currently use.”
“AI technologies are working themselves into virtually every aspect of business. Important AI technologies include image recognition, speech recognition, chatbots, natural language generation and sentiment analysis.