VC Neil Mehta, the Greenoaks Capital co-founder tied to a growing number of building purchases across several blocks of San Francisco’s once-glittering Fillmore Street, defended himself on Monday via an op-ed in The San Francisco Standard, saying the moves are solely about revitalizing a “city that has given me more than I could ever give […]
Redfin is already trying to defend against a new flat-fee real estate startup
Redfin is responding to a new startup that is hoping to upend the way people search for and buy homes by offering a flat-fee service. On August 29, TechCrunch reported that a startup called Landian had emerged from stealth to offer homebuyers a way to tour and make offers on homes through a flat-fee service, […]
Will HP still demand $4B from Mike Lynch’s estate?
Before entrepreneur and investor Mike Lynch died along with six others after the yacht they were on capsized in a storm last week, the party was celebrating Lynch’s victory in the U.S. criminal courts. In June, he was acquitted of all counts of fraud connected to HP’s 2011 acquisition of his company, Autonomy. But it […]
Backflip raises $15 million to help real estate investors flip houses
Flipping houses is not for the faint of heart, no matter how fun or easy HGTV might make it seem. One startup wants to make the process less complicated by offering a different way to borrow money to fund such a purchase. Founded in late 2020, Backflip offers a service to real estate investors for […]
Y Combinator alum Matterport is being bought by real estate juggernaut Costar at a 212% premium
Digital twin platform Matterport has agreed to be acquired by one of its customers, Costar, in a cash-and-stock deal of $ 5.50 per share that gives it an enterprise valuation of about $ 1.6 billion. Matterport’s tech helps companies create digital replicas of physical spaces. Costar’s offer represents a premium of a whopping 212% over […]