Facilitation, Kuwait and Profit - Nonprofit Technology

Dubai-based Stake raises $8 million to let people across the globe invest in local properties

TechCrunch

AUGUST 29, 2022

While we have users from many countries on the site, folks from UAE, Saudi Arabia, Kuwait, the UK, and India are our top five investor bases,” Tabbara said. What’s more, if the property is sold at a higher rate than its acquisition, Stake takes a 15% cut from the profit. The company also charges investors 2.5%

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A look at how proptech startup Knotel went from a $1.6B valuation to filing for bankruptcy

TechCrunch

FEBRUARY 5, 2021

“In addition to being grossly overvalued on the market, the company overextended itself with long term leases and lavish build-outs, leaving the company in significant debt while failing to ever turn a profit,” Pasternak wrote via email. The pandemic exacerbated their vacancy situation, resulting in more than 35% vacancies in their 2.4

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Nonprofit Technology

Dubai-based Stake raises $8 million to let people across the globe invest in local properties

A look at how proptech startup Knotel went from a $1.6B valuation to filing for bankruptcy

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