Hunting for a place to live during a pandemic has been… challenging.<\/p>\n
Obviously, the housing market didn\u2019t explode entirely (for better or worse), but the whole \u2018Don\u2019t be in close contact with a bunch of randos\u2019 of it all meant that more sellers had to adapt their viewing practices.<\/p>\n
I maintain that I should have snuck in some of my stuff and tried to claim squatter\u2019s rights when I was let into a potential apartment by myself, but the idea wouldn\u2019t have even entered my head if that complex was using walk-through technology like Matterport.<\/p>\n
The company not only produces 3D walkthrough cameras, but also provides SAAS through creating 3D renderings for potential buyers\/renters through phone camera-shots.<\/p>\n
Matterport was founded in 2011, so it\u2019s not like they were a total unknown when the \u2018new normal\u2019 hit us. It IS pretty sweet that they had gotten to a good point of establishment when we got pandemic-ked though, because they grew their base five times what it was in the year of our dumpster fire, 2020. Luck really does favor the prepared.<\/p>\n
And now, in Dumpster Fire 2: 5G Vaccine Boogaloo 2021, not only did the company reach Android-compatibility (UNLIKE SOME PEOPLE<\/a>), they also went public. Yay for both. But they went a kind of different way about getting that stock abbreviation than most companies.<\/p>\n Backed by Alec Gore to the tune of $640 million in proceeds and $2.9 billion in valuation, Matterport is now MTTR not through solely private investors, but through inconceivably monied These shell companies are more favorably known as Special Purpose Acquisition Companies, AKA SPACs, AKA \u201cblank check companies\u201d. They\u2019re interesting in that they have literally no other purpose than to acquire a company that does<\/em> actually do stuff in order to take the stuff-doing company public, and not only are they getting big names like Goldman Sachs and Deutsche Bank attached to them, they\u2019re getting popular.<\/p>\n
\nshell company Gores Holdings VI Inc.<\/p>\n