Tag Archives: softbank

Opendoor founder Eric Wu leaving company to focus on startups

By | | Uncategorized
Comments Off on Opendoor founder Eric Wu leaving company to focus on startups

Wu founded Opendoor in 2014 and served as the company’s chief executive officer until last year. He said in a statement that he’s leaving to focus on building new things. Continue reading →

‘Substantial doubt’ that WeWork can stay afloat, company says

By | | Uncategorized
Comments Off on ‘Substantial doubt’ that WeWork can stay afloat, company says

By WeWork’s own admission, it is unlikely to last as a company much longer. In order to survive, an earnings report said it would need to reduce lease costs and other expenses, increase revenue and find a source of additional capital through debt or eq… Continue reading →

Compass CEO Robert Reffkin calls home offices ‘the killer of culture’

By | | Uncategorized
Comments Off on Compass CEO Robert Reffkin calls home offices ‘the killer of culture’

Compass CEO Robert Reffkin talks about stock market downturns, profitability and why brokers need to eschew virtual working to survive. Continue reading →

Compass faces first downturn amid pressure to cut costs

By | | Uncategorized
Comments Off on Compass faces first downturn amid pressure to cut costs

The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major market downturn. Continue reading →

4 things to watch as Compass’ annual conference unfolds this week

By | | Uncategorized
Comments Off on 4 things to watch as Compass’ annual conference unfolds this week

Compass became the largest company of its kind in the U.S. this year, but is holding its annual gathering as the real estate industry navigates uniquely troubled waters. Continue reading →

Real estate stocks are getting absolutely destroyed right now

By | | Uncategorized
Comments Off on Real estate stocks are getting absolutely destroyed right now

Multiple real estate companies are seeing share prices fall to all-time lows. If they can’t ultimately turn around their stock market performances, their falling share prices could have profound impacts on the real estate industry. Continue reading →

There may be ‘no escape’ from market-imploding recession: The Real Word

By | | Uncategorized
Comments Off on There may be ‘no escape’ from market-imploding recession: The Real Word

Are we in an economic recession or a market-imploding housing recession? This week, Byron Lazine and Nicole White discuss the impact of low builder confidence, the changing real estate industry and politics from left, right and center. Continue reading →