Litera Industry Report
September 1, 2022

Spotlight on Proptech, Q&A with Minta Kay (Litera Industry Report)


In a Q&A for the Litera Industry Report, Real Estate Industry partner Minta Kay discusses what trends she is seeing with her practice. "Late-stage valuations have moderated as investors evaluate cash flow and revenue projections more carefully. The very high levels of activity in the SPAC space, which drove some of the valuations, have slowed, with shares in many proptech companies that went public trading at levels below their offering price. Regulators are looking at disclosure more carefully, contributing to a general sense of greater caution," said Kay.