SPAC


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Tishman Speyer CEO Rob Speyer, COO Paul Galiano, CIO Jenny Wong (Photos via Getty; iStock; Tishman Speyer)

Tishman Speyer jumps on the SPAC bandwagon

Tishman Speyer has formed a $300 million blank-check company — becoming the first major real estate owner to embrace what’s become a wildly popular but speculative investing tool. Through a newly formed SPAC, or...

Tishman Speyer jumps on the SPAC bandwagon
Porch CEO Matt Ehrlichman (iStock; Porch)
National

Porch CEO: SPAC deal gives us $200M and a clean slate

Porch’s merger with a blank-check company will wipe out its history of losses and set the stage for massive...

Porch CEO: SPAC deal gives us $200M and a clean slate
Opendoor founder Keith Rabois, Opendoor CEO Eric Wu, and Social Capital CEO Chamath Palihapitiya (Getty; iStock; Resolute Ventures)
National

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?
Opendoor CEO Eric Wu (Wu via Resolute Ventures; iStock)
National

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

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