Latch
Sistema de acceso inteligente para apartamentos salió a bolsa mediante SPAC a $1.560M — los tipos de interés mataron la nueva construcción de apartamentos, que era su único mercado real
Declive de años antes del cierre final · Error fatal: Latch built smart access systems for multifamily apartments. SPAC merger with TS Innovation Acquisitions Corp 2021 at $1.56B valuation. Post-SPAC cash used to scale hardware + software. Interest rate rise 2022-2023 collapsed new apartment construction (primary market). NASDAQ delisting warning 2023. Laid off 60% of staff. Rebranded as Door and restructured.