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Opendoor founder Keith Rabois, Opendoor CEO Eric Wu, and Social Capital CEO Chamath Palihapitiya (Getty; iStock; Resolute Ventures)

Opendoor is ready to go public. Is its balance sheet?

Five months ago, iBuying startup Opendoor was in survival mode: It paused home buying, laid off 35 percent of...

Opendoor is ready to go public. Is its balance sheet?
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 (iStock)

Hungry for cash, Opendoor eyes IPO

Five months after laying off 800 staffers — or 35 percent of its workforce — iBuying startup Opendoor is eyeing a $5 billion IPO with a blank-check company. Welcome to 2020, the year of...

Hungry for cash, Opendoor eyes 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
From left: Eric Wu and David Masters (Credit: Opendoor via CNBC, LinkedIn, and iStock)

Realtor.com wades into iBuying at last

Even as rivals rushed into iBuying, Realtor.com resisted the home-buying craze. Until now. The listings portal said Thursday that it is launching a seller’s marketplace, where sellers can request offers from Opendoor, EasyKnock, HomeGo...

Realtor.com wades into iBuying at last
Opendoor CEO Eric Wu (Credit: iStock)

Return of the iBuyers: Opendoor gets back to buying

Opendoor is back in businesses and ready for remote sales. The SoftBank-backed iBuyer, which suspended home purchases in March,...

Return of the iBuyers: Opendoor gets back to buying
From left: Compass' Robert Reffkin, Adam Neumann, Softbank's Masayoshi Son, Knotel's Amol Sarva and Knock's Sean Black (Credit: Getty Images, iStock, Wikipedia)

The 10 biggest real estate tech funding rounds of 2019

If 2018 was the year of big money for real estate tech startups, 2019 was a reckoning. After the...

The 10 biggest real estate tech funding rounds of 2019
(Credit: iStock)

Gimme squatter: When iBuying homes draw unwanted attention

A prospective buyer who toured an Opendoor house in Arizona last month was surprised to find a couple with...

Gimme squatter: When iBuying homes draw unwanted attention
Opendoor not looking to replace all agents — just some: CEO

Opendoor not looking to replace all agents — just some: CEO

“I guess it’s good to be hated.”  That was Opendoor CEO Eric Wu’s riposte to a question from Recode’s...

Opendoor not looking to replace all agents — just some: CEO
eXp Realty CEO Glenn Sanford (Credit: iStock)

Virtual firm eXp jumps into iBuying craze

Virtual brokerage eXp Realty is getting into the instant-homebuying game. The fast-growing firm said Thursday it will join the ranks of Redfin, Zillow, Keller Williams and Opendoor by offering sellers the chance to instantly...

Virtual firm eXp jumps into iBuying craze
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