Congrats to Lockhart Steele for getting an infusion of cash ($1.5M to be exact) to expand Curbed to new cities.
In reading the NYT’s coverage, nothing really surprised me much until the last two paragraphs where Brad explains why he is one of the investors:
If the downturn lasts long enough, “everyone suffers,
Thanks D!
Hey Lock,
Any hints on the post-money valuation? 🙂
That would suggest that Brad doesn’t think of Inman News as a real estate play. He likely thinks of it as a media play. He’s a writer not a Realtor.