Second quarter results are in for proptech’s public companies. We’re back at it, with high-level summaries of the ten companies we deem as the most important players in the broader category… Airbnb Blend Labs Compass CoStar eXp World Holdings NewsCorp / Realtor.com Opendoor ProCore Redfin…

First quarter results are in for proptech’s public companies. We’re back at it, with high-level summaries of the ten companies we deem as the most important players in the broader category… Airbnb Blend Labs Compass CoStar eXp World Holdings NewsCorp / Realtor.com Opendoor ProCore Redfin…

[Editor’s Note: Below is the full text of our 200th Weekly Transmission, originally delivered direct to inbox of more than 500 GEM members on January 27th, 2022. Some links included below are to members-only articles.] For our 200th Transmission (wow…that’s a lot), I thought I’d…

[Editor’s note: Originally published on the Thomvest Blog.] Opendoor, the nation’s largest iBuyer, is going public. It is doing so via a merger with Social Capital Hedosophia Corp II (NYSE: IPOB), which is a special purpose acquisition company (SPAC) led by investor Chamath Palihapitiya. Opendoor published an investor presentation as…

[Note from the editor: We publish a Weekly Transmission for the GEM membership that consists of long-form articles covering the spectrum from shipping container co-living spaces to the battle for listing acquisition in the first iBuyer world war. Below is a sample Transmission about the Opendoor IPO announcement.  —Drew Meyers]…

For those hiring, there’s a great list of Opendoor alum that were unfortunately impacted by the recent lay-offs curated/aggregated by the Opendoor community. The individuals are broken out by category: ENGINEERING, PRODUCT, DESIGN, DATA SCIENCE OPERATIONS MTTG / BIZ OPS / FIN Interested? Check them all…

Recent developments surrounding WeWork have brought into question again the future of the two big Unicorns in the real estate industry.   Compass and Opendoor Back in July, this person (me) didn’t think too much about the future of the two big unicorns, Compass and Opendoor….

It isn’t the same as turning lead into gold but the latest talk about red and black in the real estate industry is still nice fodder for the pundits even if it doesn’t really reflect reality. Second quarter earnings announcements and SEC filings were released…

There’s been a lot of talk lately about the future of not just the players in the real estate industry but the industry itself. Who wins and who loses in the next several years depends on various combinations of many factors against the backdrop of…

I’m a perpetual skeptic of “real estate disrupters”. I believe that Redfin and the other discount brokerages pick at the ~5% margin of sellers who would rather save 1% than have a good experience selling their homes. The massive boom of iBuyers seem to pick…