“Just as Covid made everyone stand still, that happened to real estate as well,” Wong says. Finally, he met Eric Wu, who had already sold one real estate startup, Rent Advisor, and would soon sell his second, Movity. And if we overvalue, obviously, that's bad for business,” Wong says. It captured 2% of the city’s real estate transactions by the end of 2016. The company will use the capital from its public offering toward that end, investing in growth and new products.

Source: Forbes September 16, 2020 14:01 UTC