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Showing Tag: "jeff bezos-backed rental property investment platform crashes after investors flood site for newest batch of offerings" (Show all posts)

Jeff Bezos-Backed Rental Property Investment Platform Crashes After Investors Flood Site For Newest Batch Of Offerings

Posted by Kevin Vandenboss on Sunday, May 8, 2022, In : 848FINACE 


The real estate investment platform Arrived Homes had its latest batch of rental properties scheduled to be released at 11:00 AM EDT today, but the rush of new investors eager to buy shares of the new properties caused the website to crash just minutes after the launch.

Arrived Homes updated investors on its Twitter account just 14 minutes after the scheduled release, saying “High traffic - Sites down - Arrived Team on it - back with an update asap.”


The company launched 13 new properties, ...


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