IRVINE, CA—As GlobeSt.com reported last week, Auction.com is the recipient of a $50-million investment from Google Capital. As part of the deal, one representative from Google Capital will join the Auction.com board of directors and another will take a board observer position. We caught up with Auction.com president Jake Seid to discuss what the partnership means for his firm and for the commercial real estate industry at large.

GlobeSt.com: How does Google Capital’s investment in Auction.com represent a milestone for your company?

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