Despite a housing landscape that increasingly disfavors co-living arrangements, co-living startup Common is forging onward with a $50M Series D funding round
The venture capital-backed startup, which sought emergency funding before taking steps to shut down, has been unsuccessful in attracting a potential buyer
The layoffs come as the pandemic has largely stopped global travel and after Airbnb previously undertook cost-cutting measures
The boutique hotel has fired a majority of its 100-person staff and plans to close 400 units in 10 locations
The new hires have backgrounds at big-name tech companies and suggest the vacation rental startup is in it to win it
The company operates individually owned franchises in more than 60 markets across the U.S.
The San Francisco-based venture company invests in startups focused on real estate and financial technology, gaming, computational biology and more