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Entrepreneurship

Two Sigma Ventures to Grand Central Tech

Last time we discussed the very early days. From mid-2008 to 2010, RentHop used co-founder Lawrence Zhou's apartment to write code on nights and weekends, while the founders held day jobs at Traxis Partners, D. E. Shaw & Co.,...

RentHop BitCoin Appreciation Exceeds Boston and Chicago Profits

In December 2013, RentHop.com began accepting BitCoin as a form of payment for landlords and real estate brokers to advertise apartment listings. The company initially offered a 60% discount off the prevailing USD to BTC exchange rate to encourage...

ZipRealty: Early Pioneer turned Zombie Company?

Does anyone remember ZipRealty? Back in the Dotcom 1.0 era, they were among the first widespread discount real estate brokerage companies with a reasonably strong presence in the west coast. I have fond memories of using their saved search...

Is WeWork Default Dead or Default Alive?

Previously we talked about How Not To Die as a real estate agent. Another infamous Paul Graham term is "Default Alive or Default Dead". It sounds extremely harsh and morbid, but that's part of the point. Calling a company...

Demo Day: Why hundreds of Y Combinator alums keep coming back

Twice a year, Y Combinator holds Demo Day to officially debut and graduate a batch of startups presenting to investors and press.  An event called Alum Demo Day takes place the night before.  It's the last chance for the startups to practice and rehearse their...

Startup Watch: Taking the Pain Out of Paying Rent

If you’re part of the 34.9% of Americans who live in rented housing, the dreaded refrain of “rent is due!” likely flashes through your head every first of the month. And if you have a roommate (that’s about 38,705,000...