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Compass cuts IPO price range and downsizes deal ahead of public debut
The SoftBank-backed residential brokerage firm cut it its IPO price range from $23-$26 to $18-$19 a…
Emily Graffeo
Online real estate platform Compass eyes $10 billion valuation in US IPO
Softbank-backed Compass is eyeing a $10 billion valuation and hopes to raise $936 million in an IPO…
Will Daniel
Online real estate brokerage Compass surges as much as 22% in public debut
Compass jumped as much as 22% in its public debut on Thursday after a downsized IPO raised $450 mil…
Will Daniel
Compass CFO Kristen Ankerbrandt explains how the fast-growing brokerage company can reap profits
After its IPO, Compass continues to acquire a series of companies that are complementary to Compass…
Daniel Geiger
The US IPO market just had its busiest quarter in over 20 years - but newly public stocks are underperforming, a Renaissance Capital report finds
102 companies went public in the first quarter of 2021. But the stock prices of a number of newly l…
Emily Graffeo
Compass employees question the real-estate brokerage's cost cutting, saying it threatens the startup's tech ambitions
Compass, which lost roughly $6 billion since its 2021 IPO, is racing to cut costs. Plus, there's an…
Kaja Whitehouse
DoorDash, Honest Co., and other recently IPOed stocks tumble amid a broader market sell-off
Newly public companies including Shoals Technologies, Snowflake, and Bumble, and Compass hit all-ti…
Emily Graffeo
How SPACs print money - Who's left at Marcus - Compass IPO takeaways
The top finance stories for March 3, including the latest news on the SPAC frenzy and what insiders…
Dan DeFrancesco
We got a first-hand look at the tech used at SoftBank-backed real estate brokerage Compass, including a sneak peek at beta features
"The innovation is integration," Golod said. Compass' technology suite is interconnected, hoping to…
Alex Nicoll
JPMorgan adds VC bankers - Compass shrinks IPO - Goldman backs cloud data startup
The top finance stories for April 1, including the latest news on Compass' IPO, Goldman Sachs, JPMo…
Dan DeFrancesco,Jordan Parker…
'Selling Sunset' broker Jason Oppenheim says 'Compass basically destroyed the brokerage model for the entire industry'
Oppenheim called the amount Compass brokers get to keep from commissions "unsustainable," but Compa…
Dan Latu
Walmart's Flipkart is targeting a 4th-quarter IPO that could value it at $35 billion, new report says
A $35 billion valuation for Flipkart would mean Walmart more than doubled its 2018 investment in th…
Emily Graffeo
SoftBank-backed real-estate brokerage Compass is adding a Netflix-like recommendation feature to browse houses
The recommendation tool would be familiar to anyone who has perused Netflix's Suggestions For You s…
Alex Nicoll
One Of Facebook's Advertising Partners Has Quit Because The Margins Were Lousy
Rationale: While the spend on social ads is growing and will continue to grow rapidly, the intermed…
Jim Edwards
6 important things everyone should know about Robert Reffkin, who left a successful career at Goldman Sachs to take a chance on real estate - and is now poised to become America's youngest Black billionaire
At 15, Robert Reffkin founded his first company, a DJ business called Rude Boy Productions, with ba…
Natasha Dailey
Apple just introduced a new iPad aimed at teachers and students - take a look
The new iPad, which was announced on stage at an event in Chicago, is intended for education. It wi…
Avery Hartmans
Inside the 3-floor New York City penthouse ex-WeWork CEO Adam Neumann is selling for $37.5 million
Since leaving the company - with an exit package totaling $1.7 billion - Neumann has kept a low pro…
Paige Leskin
Synthetic psilocybin treatments by 2025
Welcome to Insider Cannabis, where we're bringing you an inside look at the deals, trends, and pers…
Jeremy Berke,Yeji Jesse Lee
Airbnb made $93 million in profit on $2.6 billion in revenue, but an internal showdown with the CFO has put an IPO on pause
"The senior leadership and Board of the company has been aligned and the company has never had plan…
Julie Bort
Why the banks lending Elon Musk billions to buy Twitter won't back out now
The Wall Street banks who promised to loan Elon billions are unlikely to pull out. We also cover Mi…