March 14, 2025

Term Sheet

Investment

Exclusive: BiggerPockets nets majority investment from TCG

For Scott Trench, this all started with a park bench, someone else’s dog, and a stranger. Trench, in his first couple years out of college, was trying to figure out what to do with his life. And one late morning more than a decade ago, he found his answer: Out walking his friend’s dog, Trench

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Funds

Exclusive: Armada lands $40 million in funding round led by Microsoft’s M12

When most people talk about hurricanes, they talk about the storm itself—the dark, swirling experience of watching trees fall from the right side of a glass hurricane window.  But I’m from Florida and I’m here to tell you: The hurricane doesn’t end when the storm ends—it ends when the power and gas comes back on.

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