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Spencer Rascoff (Getty; iStock)

Zillow co-founder Spencer Rascoff to start blank-check company

The co-founder of Zillow and Hotwire is the latest high-profile real estate figure to join the blank-check craze. Spencer...

Zillow co-founder Spencer Rascoff to start blank-check company
Eric Wu (left) and Chamath Palihapitiya (Getty, iStock)

Opendoor confirms $4.8 billion IPO

UPDATED: Sept. 15, 5:10 p.m.: iBuying startup Opendoor made its IPO plans official Tuesday, confirming a $4.8 billion deal with a blank-check company. The company’s merger with Chamath Palihapitiya’s Social Capital Hedosophia Holdings II...

Opendoor confirms $4.8 billion IPO
Opendoor CEO Eric Wu (Wu via Resolute Ventures; iStock)

iBuyer Opendoor eyes $5B IPO via blank-check firm

Instant-homebuying startup Opendoor may be jumping on the SPAC bandwagon. The venture-backed company is in advanced talks to go...

iBuyer Opendoor eyes $5B IPO via blank-check firm
Dan GIlbert (Getty, iStock)

Mortgage mogul Dan Gilbert sees net worth quicken to $34B

In its first day of trading, shares of Rocket Co. rose more than 19 percent, pegging the net worth...

Mortgage mogul Dan Gilbert sees net worth quicken to $34B
Lemonade CEO Daniel Schreiber (iStock)

Investors reward Lemonade with $3.8B valuation

Venture-backed insurance seller Lemonade got a sweet reception from investors on the day of its initial public offering. Listed...

Investors reward Lemonade with $3.8B valuation
Lemonade co-founders Daniel Schreiber and Shai Wininger

SoftBank-backed Lemonade raises IPO target to $319M

As its anticipated early July IPO date draws nearer, home insurance provider Lemonade is raising its share price once...

SoftBank-backed Lemonade raises IPO target to $319M
Lemonade co-founders Daniel Schreiber and Shai Wininger

Will Lemonade’s IPO be sweet or sour?

To investors, Lemonade bills itself as the evolutionary successor to the old insurance guard. Instead of luring established customers with the “I switched-and-saved” value proposition, Lemonade hooks them when they’re young. The armies of...

Will Lemonade’s IPO be sweet or sour?
Compass CEO Robert Reffkin (Getty, iStock)

Compass’ hunt for a securities attorney reignites talk of IPO

Compass is beefing up its in-house legal team and seeking expertise a public company would require. A new job...

Compass’ hunt for a securities attorney reignites talk of IPO
JPMorgan's Jamie Dimon (Credit: Dimon via KENA BETANCUR/AFP via Getty Images; Background via David Dee Delgado/Getty Images)

JPMorgan dodged a bullet with sale of WeWork stake: report

JPMorgan cashed in almost $100 million of its stake in WeWork shortly before the company’s failed attempt to go...

JPMorgan dodged a bullet with sale of WeWork stake: report
WeWork chairman Marcelo Claure (Photo by Chip Somodevilla/Getty Images)

WeWork lays off 250 more employees, but Covid-19 isn’t reason

WeWork laid off 250 more people on Thursday, but the decision was not made because of the coronavirus. The...

WeWork lays off 250 more employees, but Covid-19 isn’t reason
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