After a final $200M investment from SoftBank, Katerra is closing after years of financial mismanagement and rising construction costs
The special purpose acquisition company merger will reportedly value the combined company at $9B, far below the $47B it was valued at just 2 years ago
The SoftBank Vision Fund saw gains of more than $12B in the third quarter as a number of its investments went public, according to an investor presentation Monday
Opinion
Compass never spouted ideas about blockchain, iBuying or agent robots. Instead, it touted branding, culture and light tech, but within the box of a 120-year-old business model
Heavily invested in companies like Compass and Opendoor, the Japanese conglomerate announced this week it would create a special purpose acquisition company, or SPAC
The venture capital investment arm of the Japanese multinational behind Compass and Opendoor posted a quarterly profit for the first time in a year
The investor behind Compass and Opendoor predicted that, of the 88 companies the Vision Fund invested in, 15 could go bankrupt due to COVID-19
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
The Japanese conglomerate has been rapidly losing faith in the coworking space company
The Japanese conglomerate and backer of Compass and Opendoor is scaling back plans for its second Vision Fund
The film will focus on the relationship between WeWork founder Adam Neumann and Softbank CEO Masayoshi Son
Masayoshi Son said he's now focusing on 'profitability and cash flow' when evaluating his investments. Where does that leave Compass and Opendoor?
WeWork reportedly posted a loss of $1.25B in the 3rd quarter, according to 'The Wall Street Journal'
The real estate industry threw some curveballs. Take Inman's real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week
The company also reported it lost $4.6B in its WeWork stock value after WeWork's failed initial public offering