Another One Bites the Dust: Sonder Files for Bankruptcy
Photo by Annie Spratt on Unsplash Sonder Files for Chapter 7 Bankruptcy In a quick succession of unfortunate events, Sonder collapsed within a week, joining a long list of company failures at the convergence of tech and real estate, like WeWork and OpenDoor . Sonder is a San Francisco-based short-term rental and boutique hotel company. Once called a “ billion-dollar competitor to Airbnb” , Sonder officially filed for Chapter 7 liquidation proceedings on November 14th in federal...