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1 min read

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   


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1 min read

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   


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5 mins read

Compass is reeling from a horrible year, from financial losses to tech troubles to mass layoffs

With home sales dipping amid rising interest rates, Compass has cut workers and bled cash. CEO Robe…

Matt Turner,Daniel Geiger,Jor…   


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3 mins read

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   


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2 mins read

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   


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2 mins read

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   


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2 mins read

NY Startup Urban Compass Turns One With A $40 Million Fundraise And A $360 Million+ Valuation

Urban Compass has raised a $40 million series B round at a valuation that exceeds $360 million. Inv…

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3 mins read

Compass is now valued at $6.4 billion after SoftBank makes a third investment in the fast-growing real estate broker

SoftBank has invested in the company three times now, including a $450 million dollar investment at…

Alex Nicoll   


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2 mins read

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   


Rebecca Ungarino,Meghan Morris   


Megan Hernbroth   


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2 mins read

Urban Compass, A 3-Month-Old Startup Worth $150 Million, Will Help New Yorkers Buy - As Well As Rent - Homes

He'll use some of the cash to double Urban Compass' staff from 100 people to 200 within one year. C…

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2 mins read

A NYC startup that wants to make finding a home easier just raised $450 million at a $2.2 billion valuation

"Real estate is a huge asset class, but the sector has been relatively untouched by technology and …

Alex Heath   


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2 mins read

NYC IS HEATING UP: In The Past 365 Days, 3 New Startups Have Skyrocketed To $500 Million Valuations

An older company that's finally beginning to take off is Pond5, a marketplace for royalty-free vide…

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4 mins read

Banks' war against fintechs is a battle they're destined to lose

Banks are constantly looking to compete with up-and-coming fintechs, but it's a fight not worth the…

Dan DeFrancesco   


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4 mins read

Insiders say Elemy often couldn't deliver on its promise to provide quick access to autism care

Plus a look at the real-estate brokerage Compass, the tech founder who makes $200,000 ghostwriting …

Jordan Parker Erb,Spriha Sriv…   


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1 min read

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   


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3 mins read

Wall Street: Musk goes 'yeah, nah,' and quants

In today's 10 Things on Wall Street: Elon Musk flips on Twitter, and "quantrepreneurs" are ditching…

Aaron Weinman   


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4 mins read

A landmark study shows the main compound in magic mushrooms could rival a leading depression drug

For the first time, researchers pitted psilocybin, the active compound in magic mushrooms, against …

Yeji Jesse Lee   


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3 mins read

Andreesen Horowitz-backed Flyhomes just snagged $141 million to expand its next-gen brokerage

Ordinary homebuyers are facing heavy competition from investors flush with cash. Flyhomes, which la…

Alex Nicoll