Weekly Radar #352: GEM Walks the Camino, Proptech Index Down 5.59%
In this Weekly Radar, we cover:
- Members from the GEM community completed a 116 km Camino de Santiago trek marked by global connection, deep conversations, and a refreshing break from digital life.
- The GEM Proptech Index increased 6.44% from the previous week.
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Transmission Recap:
Previosuly, we brought you GEM's latest Biz Intel: Proptech Earnings Radar for Q1 2025. Before that, Drew Meyers explored Airbnb tightening up its off-platform bookings and payments rules and ponders the future of the STR portal category.
BIZ INTEL
PROPTECH INDEX WEEKLY
By: Community Relations
Consisting of 27 stocks, the GEM Proptech Index had a combined market cap of $231.989B, a decrease of 5.59% from the previous week.
GEM HIGHLIGHT
GEM WALKS THE CAMINO
By: Drew Meyers
On Sunday, we arrived at the breathtaking cathedral in Santiago de Compostela to conclude the GEM Walks the Camino international excursion. We were among "pilgrims" from across the world: Koreans, Americans, Chinese, and Mexicans celebrating completion of the journey. The Camino experience is for people from all walks of life.
Over the course of the last six days, we spent 40 hours and 30 minutes walking 116.2 kilometers from Sarria to Santiago de Compostela. My new Hoka's (thanks Nate Smoyer for the recommendation) and socks held up wonderfully. Yes, my feet are incredibly sore, but only one blister emerging is beyond a win in my book. Thank you to Jane Hood, Elaine Brown, Michael Barnes, Karen K Burns, Natasha Terinova, and Eddie Berenbaum for your participation in what was a magical experience. Plus, our amazing guide Ria...the queen of the Camino. And, of course, to Heather Harmon for the inspiration and planning help to make this trip a reality.
Among the highlights of the six day experience was breakfast, lunch, and dinner as a group everyday. The genuine, raw, personal conversations with absolutely zero agenda was beyond refreshing. It was about as far from "robots walking the Camino" as you can get.
A core part of a successful GEM dinner experience is a personal sharing prompt to "get you beyond the cocktail bullsh*t you get everywhere else." Our sharing prompt at lunch today was, "when have you felt the most free?"
For me, two trips immediately came to mind. In 2010, my friend and I hiked Kilimanjaro as part of spending a month in Kenya/Tanzania. That trek was five days of zero internet access in the heart of Africa. Just me and my thoughts for days on end. The other was my 2014 journey to Cuba with two friends. While that trip wasn't zero internet, it was close to zero connectivity for five days in a time warp to the 1950s.
Being connected 24/7 often feels like living with handcuffs, stifling freedom and creativity. So...the takeaway is that getting completely off the computer every now and then will free your mind. I highly recommend the reset.
This was the first, but not the last, international excursion curated for the GEM community. If you're interested in a future "GEM Walks the Camino" journey, or another similar trek, apply today.
GEM DIAMOND MEMBER NEWS
- Evocalize partnered with Redline Athletics. – Matthew Marx
- Anywhere agents go digital with InstaCard. – Alex Montalenti
- Placemakr Expands to Reno, Nevada. – Jason Fudin
- Tongo announced agents affiliated with Anywhere now get preferred rates. – Brandon Wright and Luis Scull
- Nestment partnered with Esusu. – Niles Lichtenstein
- RentSpree partnered with TransUnion. – Michael Lucarelli
- Denee Evans will step down as Chief Executive Officer of the Council of Multiple Listing Services at the end of the year, and CMLS hiredRene Galicia as its first COO. – Denee Evans