Tag Archives: softbank

Construction startup Katerra files for bankruptcy

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The company blamed its financial position on the effects of the COVID-19 pandemic, difficulty securing funding for new construction and “unsuccessful attempts to secure additional capital and business.” Continue reading →

SoftBank-backed construction startup shutters US operations

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Following a final $200 million investment from SoftBank, Katerra is closing after years of financial mismanagement and rising construction costs. Continue reading →

Opendoor bounces back in first quarter after pandemic-driven downturn

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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

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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

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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

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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

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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

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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

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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 →