SoftBank-backed real estate brokerage Compass priced its shares between $23 and $26 Tuesday ahead of an initial public offering, implying a roughly $10 billion valuation. The pricing would imply a win for SoftBank’s Vision Fund, which has poured about $1 billion into Compass over the last few years. Its stake is now worth more than $3 billion. The pricing also shows that the company expects...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals.
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