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Most Popular Stories on "Real Estate"

Opendoor CEO Eric Wu. Photo: Bloomberg

Markets Real Estate

Opendoor Rides SPAC Deal to Lofty $18 Billion Valuation at Market Debut

By Cory Weinberg · Dec. 21, 2020 6:00 AM PST · 2 comments

Venture-backed real estate startup Opendoor will start trading as a public company today, after its merger with a special purpose acquisition company closed Friday. Even before trading begins, the deal has inspired the kind of investor frenzy that surrounds the hottest IPOs. By Friday afternoon, investors had bid up the stock price of the SPAC... Venture-backed real estate startup Opendoor will start trading as a public company today, after...

Illustration by Scotty Reifsnyder

Startups Uber/Lyft

Kalanick’s CloudKitchens, Ideal Bet for Pandemic, Hits Snags

By Amir Efrati · April 20, 2020 7:02 AM PDT · 4 comments

This should be Travis Kalanick’s moment.The Uber co-founder not only sold out of Uber ahead of the pandemic that has cratered that company’s ride-hailing business, but switched his money and energy to a real estate startup that leases space to restaurants for meal preparation. The firm, CloudKitchens, is well positioned to benefit... This should be Travis Kalanick’s moment.The Uber co-founder not only sold out of Uber ahead...

Magic Leap CEO Rony Abovitz. Photo by Bloomberg.

The Reality Behind Magic Leap

By Reed Albergotti · Dec. 8, 2016 2:46 PM PST · 10 comments

Plantation, Florida—In a massive, nondescript office complex far from the hustle of Silicon Valley, Magic Leap has become one of the hottest companies in the world of “mixed reality,” creating a headset that shows people images overlaid against the real world—like a cartoon-like firefly that controls a real-life lamp by... Plantation, Florida—In a massive, nondescript office complex far from the hustle of Silicon...

Recent Stories about "Real Estate"

Modern Health's cofounders are locked in a never-ending breakup.

Culture Venture Capital

As Hollywood Shines Its Klieg Lights on Silicon Valley, a New Tech Scandal Arises

By Jon Steinberg · Dec. 4, 2021 8:00 AM PST

Hi, welcome to your Weekend!The Valley is small and memories are long. I’ve heard countless versions of that old venture capital saw. And true enough, it sometimes seems like Silicon Valley is one clubby, insular, gossip-addled village. That’s why it can feel so disorienting when the outside world gets interested in Valley business. As TI... Hi, welcome to your Weekend!The Valley is small and memories are long. I’ve heard countless...

Art by Mike Sullivan

Modest Proposals

Venture Capital

Investing Directly in People Is the Future of VC. Here’s How to Do It.

By Sam Lessin · Nov. 5, 2021 9:01 AM PDT · 31 comments

Earlier this year I wrote about the idea of investing directly in people versus companies—something my venture capital firm, Slow Ventures, has started doing. For us, this is a form of real VC, as opposed to the plug-and-play, low-margin growth equity that is rapidly becoming as boring as it sounds. Even a year ago people thought we were... Earlier this year I wrote about the idea of investing directly in people versus...

Zillow CEO Rich Barton. Photo by Bloomberg.

Media/Telecom Amazon

Zillow’s Costly Home Buying Misstep is Embarrassment for Barton

By Martin Peers · Nov. 2, 2021 5:11 PM PDT

Anyone who’s bought a house even once knows it can be a stressful experience. Spare a thought, then, for Zillow, which over the past couple of years has been buying up thousands of homes at a time, hoping to make a quick buck by flipping the homes. On Tuesday, after losing hundreds of millions of dollars on the business, Zillow called it quits.... Anyone who’s bought a house even once knows it can be a stressful experience. Spare a thought,...