SoftBank invests $500M in fintech startup Better.com

Better.com is set to receive $500 million from SoftBank’s Vision Fund, according to a WSJ article on Thursday. This places better.com’s valuation at $6 billion. Continue reading

From Urban Compass to IPO: The history of Compass in 21 stories

As the real estate world waits to see how the brokerage’s initial public offering will unfold this week, take a look back at Compass’ decade-long road to success as covered by Inman. Continue reading

WeWork struggles to strike deal with landlords to reduce rent costs

As the COVID-19 pandemic causes cancellations to spike, WeWork CEO Sandeep Mathrani is pitching a revenue-sharing deal to the company’s largest landlords. Continue reading

Compass and Opendoor CEOs won’t attend controversial Saudi tech conference this month

Compass CEO Robert Reffkin wasn’t invited. Opendoor CEO Eric Wu was, but won’t attend this year’s Future Investment Initiative event. Continue reading

Two of a kind: Will Compass suffer the same fate as WeWork?

Following the delay of WeWork’s initial public offering, will the SoftBank-funded Compass struggle when it finally decides to go public or beat the odds? Continue reading

Compass raises another $370M round for platform development

The well-funded real estate brokerage announced Tuesday it’s planning an August launch for “a completely redesigned consumer search and app experience.” Continue reading