The goal is to maximize 2 new partnerships and 4X Better's monthly mortgage originations to $2B. The raise follows bullish endorsement by activist Opendoor investor Eric Jackson
EMJ Capital's founder posted thesis on X that Better Home & Finance is 'the Shopify of mortgages' with the potential for AI to boost capacity and fuel explosive growth over the next 2 years.
Opinion
CEO Mickey Alam Khan writes that with its new merger, Compass will finally achieve its goal to become the Amazon of real estate
Neumann told 'The New York Times' DealBook that he will end his bid to reacquire the bankrupt coworking firm he founded
The firm plans to rid itself of $4B in debt through $450M in financing and ignores founder Adam Neumann's bid to buy back the company
In a push to wrestle back the company he co-founded, Adam Neumann on Monday sent a letter to the co-working giant pressing it to sell its assets to Flow, Neumann's latest real estate endeavor
Wu founded Opendoor in 2014 and served as the company's chief executive officer until last year. He said in a statement that he's leaving to focus on building new things
The company filed for Chapter 11 bankruptcy in New Jersey as part of a 'comprehensive reorganization' of the office space leasing giant
In addition to going public at a bad time for mortgage lenders, Barron's reports that SPAC merger resulted in a huge increase in the number of shares outstanding
Following 2 years of challenges, Better will go public Thursday with $565M in new funding and plans to 'aggressively' partner with agents as it builds its mortgage production team
By WeWork's own admission, it is unlikely to last much longer. In order to survive, it would need to reduce lease costs and other expenses, increase revenue and find a source of additional capital
Compass CEO Robert Reffkin talks about stock market downturns, profitability and why brokers need to eschew virtual working to survive
The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major market downturn
Compass became the largest company of its kind in the US this year, but is holding its annual gathering as the real estate industry navigates uniquely troubled waters
Three days after making a landmark NFT sale, San Francisco-based startup Roofstock announced the layoff of a fourth of its staff due to market headwinds