Tag Archives: softbank

Opendoor bounces back in first quarter after pandemic-driven downturn

By Jim Dalrymple II | May 11, 2021 - 8:53 pm |May 11, 2021 Uncategorized

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The beginning of 2021 was better for the iBuyer than the end of 2020, though it still has a ways to go before reaching its pre-pandemic strength. Continue reading →

Fifth Wall debuts third SPAC, hopes to raise $250M

By Jim Dalrymple II | April 19, 2021 - 9:58 pm |April 19, 2021 Uncategorized

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Fifth Wall Ventures, an investment company that focuses on real estate technology, has launched a new special purpose acquisition company. Continue reading →

SoftBank invests $500M in fintech startup Better.com

By Marian McPherson | April 9, 2021 - 4:59 pm |April 9, 2021 Uncategorized

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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 →

What to watch for as Compass goes public: an Inman guide

By Marian McPherson | March 31, 2021 - 4:36 pm |March 31, 2021 Uncategorized

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After years of speculation, Compass’ IPO is less than a day away. Here’s what you need to know about the process and what the first day’s results could be. Continue reading →

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

By Lillian Dickerson | March 31, 2021 - 9:00 am |March 31, 2021 Uncategorized

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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 →

After failing to go public in 2019, WeWork set to try again via SPAC

By Patrick Kearns | March 26, 2021 - 2:38 pm |March 26, 2021 Uncategorized

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The SPAC merger will reportedly value the combined company at $9 billion, far below the $47 billion it was valued at two years ago. Continue reading →

The economic downturn won’t end investment in real estate tech

By Jim Dalrymple II | June 4, 2020 - 6:22 pm |June 4, 2020 Uncategorized

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Two venture capitalists said Thursday that there’s still plenty of space for innovation and money to disrupt the real estate industry. Continue reading →

Opendoor lays off 35% of its staff

By Patrick Kearns | April 15, 2020 - 5:54 pm |April 15, 2020 Uncategorized

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Approximately 600 employees being laid off will reportedly get 16 weeks of benefits coverage and eight weeks of severance pay, Opendoor confirmed. Continue reading →

WeWork struggles to strike deal with landlords to reduce rent costs

By Marian McPherson | April 2, 2020 - 4:45 pm |April 2, 2020 Uncategorized

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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 →

SoftBank may pull out of pledge to buy $3B in shares of WeWork

By Veronika Bondarenko | March 18, 2020 - 6:23 pm |March 18, 2020 Uncategorized

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The Japanese conglomerate has been rapidly losing faith in the co-working space company. Continue reading →