Airbnb-backed startup Lyric sacks staff, shutters locations amid virus

The boutique hotel has fired a majority of its 100-person staff and plans to close 400 units in 10 locations across the country as the pandemic worsens. Continue reading

Vacasa hires new financial and security chiefs

The new hires will serve in C-suite positions and have backgrounds at big-name tech companies, suggesting the vacation rental startup is in it to win it. Continue reading

Short-term rental firm iTrip Vacations expands to Silicon Valley

The newly created iTrip Vacations San Jose will serve its namesake city, as well as the surrounding communities of Cupertino, Palo Alto, Mountain View and Los Gatos. Continue reading

Trulia founder Pete Flint’s venture firm NFX raises $275M

NFX splits its investments equally between business-to-business companies and business-to-consumer companies, but said that out of 3,000 firms seeking money this year it will ultimately only fund 0.5 percent. Continue reading