iproperty

How can founders unlock the potential from growing private investment, SPACs, and exit opportunities?

How do you go from hitting the “Start” button on your IPO to successfully listing as a public company?

Patrick Grove explains the most critical steps that a founder or leader should take to set up their eventual IPO for success.

He is the region’s OG serial tech founder.

The property portal’s revenue grew robustly last year as it leveraged technology to adapt to the changes brought about by the pandemic.

Patrick Grove launched Instahome with Eric Tan, previously the chief of staff at Catcha Group and now Instahome’s CEO.

The company claims to have seen its valuation increase from US$36 million in 2016 to over US$360 million currently.

The joint venture will also receive US$8 million from iProperty and Rumah123 parent REA Group.

Startups are turning to more promising modes of income such as subscriptions, transaction charges, or management fees.

The move sets the stage for an intensifying regional property classifieds battle.