SoftBank's Vision Fund rebounds with help from Opendoor, DoorDash
After the WeWork debacle, gambles on DoorDash and Opendoor appear to be paying off big time for SoftBank CEO Masayoshi Son. Could a Compass IPO be the fund's next big win?
by Patrick Kearns Dec 9
Adam Neumann, former WeWork CEO, returns to real estate industry
Adam Neumann, the embattled co-founder of the coworking startup, has invested $30M in residential management startup Alfred
by Patrick Kearns Oct 15
Opendoor in talks to go public via SPAC merger
Opendoor is reportedly in talks to go public in coordination with Social Capital Hedosophia Holdings Corp. II, a blank-check company that acquires and takes other companies public
by Patrick Kearns Sep 11
SoftBank's Vision Fund recovery reveals tech's resilience
The venture capital investment arm of the Japanese multinational behind Compass and Opendoor posted a quarterly profit for the first time in a year
by Patrick Kearns Aug 11
SoftBank posts record loss, warns some investments may go bankrupt
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
by Patrick Kearns May 18
Meet the New Guard: Mueller, Team, Wilson
The New Guard will be honored at Inman Disconnect March 30-April 1, 2020. Here now, 3 new inductees worthy of the distinction
by Inman Feb 24
SoftBank Vision Fund lost $2.1B in Q3 as profits continue to plummet
The Japanese conglomerate and backer of Compass and Opendoor is scaling back plans for its second Vision Fund
by Patrick Kearns Feb 12
This was the year — and decade — of big money in real estate
Both 2019 and the decade leading to it were dominated by disruption. And the thing fueling that disruption was a whole lot of cash
by Jim Dalrymple II Dec 19
SoftBank CEO shifts priorities after WeWork debacle
Masayoshi Son said he's now focusing on 'profitability and cash flow' when evaluating his investments. Where does that leave Compass and Opendoor?
by Marian McPherson Nov 26
Softbank CEO Masayoshi Son
The company also reported it lost $4.6B in its WeWork stock value after WeWork's failed initial public offering
by Patrick Kearns Nov 6
SoftBank eyeing additional $15B for its Vision Fund: Report
Compass and Opendoor have received money from the Saudi-backed fund and haven't ruled out accepting more
by Patrick Kearns Apr 5
Opendoor, Compass and their big investor are silent on Saudi Arabia controversy
The SoftBank Vision Fund, worth $93 billion and a major real estate tech investor, is suddenly facing scrutiny in the wake of a Saudi journalist's disappearance
by Teke Wiggin Oct 15
Compass raises another $400M
The NYC-based brokerage now has over 7,000 agents across the country and plans to launch in Austin, Nashville, Houston and internationally
by Patrick Kearns Sep 27