Skift Take
You can expect that some of Frontdesk's rivals will move in to buy some of its remains.
Frontdesk, the Milwaukee-based property management company that fired its staff of more than 100 last week, filed for receivership, a bankruptcy alternative in Wisconsin, on January 5, according to a published report.
This means that the company's assets, presumably including its tech stack and contracts with short-term rental property owners, will likely be up for sale.
In a shareholder letter