Tag: Compass
Corigin Ventures raises $36M debut fund and looks beyond real estate
Corigin Ventures has traditionally invested in real estate startups using capital from its parent company, New York real estate developer Corigin’s private investment arm. The venture investment arm, founded in 2012, has its roots tied to property all over the east coast, from Miami multi-family residences to New York University…
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SoftBank expects $24 billion in losses from Vision Fund, WeWork, and OneWeb investments
The Japanese technology conglomerate SoftBank Group said it would lose a staggering $24 billion on investments made through its Vision Fund and bets on the co-working real estate company, WeWork, and satellite telecommunications company, OneWeb. Ultimately, the company expects the losses to help generate a $7 billion total loss for…
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Save $50 on the latest Apple Watch at Best Buy
The latest Apple Watch, the Series 5, is on sale at Best Buy today. The 40mm model starts at $350, and the 44mm version is $380. That’s a $50 discount off of their normal list prices. We don’t see the Series 5 go on sale often, and this is the…
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With the real estate industry facing headwinds, SoftBank-backed Compass lays off 15% of staff
Compass, the real estate brokerage startup backed by roughly $1.6 billion in venture funding, has laid off 15% of its staff as a result of the shifting economic fortunes created by the global response to the novel coronavirus pandemic, according to an internal email seen by TechCrunch. Citing economic fallout…
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