Redfin
Redfin is laying off more workers as housing downturn persists
Redfin has laid off 201 employees, the third time the Seattle-based real estate company has reduced its workforce since June. The layoffs, which represents about 4% of its workforce, was first reporte
‘Selling Sunset’ star Christine Quinn’s brokerage debuts new crypto credit scoring platform
For fans of both reality television and web3 (hopefully that group includes more than just this reporter), Christine Quinn’s move to leave the Oppenheim Group and co-found a brokerage with her h
Layoffs hit crypto and real estate tech particularly hard this week
Hey Siri, when does a “macroeconomic downturn” become a “recession”? It’s another bleak week for startups weathering dismal tech stocks and even worse cryptocurrency pric
This feels like a SoftBank deal from 4 years ago
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Equity is back in the saddle this week, with Mary Ann and Alex and
Daily Crunch: Coinbase will reduce its workforce by 18% to ‘stay healthy during this downturn’Â
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Redfin and Compass lay off a combined 900+ employees as mortgage interest rates continue to climb
The housing market has taken a huge hit this year as mortgage interest rates have surged and homeowners scale back on purchases. The latest casualties in the proptech world are Redfin and Compass, whi
Homebuying startup Flyhomes closes $150 million Series C
Amid a recent tear in residential real estate investment, venture capitalists are looking to get a piece of homebuying startup Flyhomes. The five-year-old startup announced today that they’ve cl
Homeward secures $371M to help people make all-cash offers on houses
Trying to buy a house in a competitive market is perhaps one of the most stressful things an adult can go through. Competing with a bunch of people all putting offers on a house that fly off the marke
Real estate tech startup Offerpad to go public via SPAC merger in $3B deal
Offerpad is the latest proptech company to go public via a SPAC merger. The Phoenix, Ariz.-based company announced Thursday its plans to go public by merging with Supernova Partners Acquisition Compan
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
The last decade in real estate, and a peek into the next one
New real estate technology 2.0 entrants would do well to learn from the mistakes of their 1.0 predecessors as they scale in coming years.     Â
ZeroDown, valued at $150M, plans to take on Zillow
ZeroDown launches a home search engine.
The 11 best startups from Y Combinator’s S19 Demo Day 1
tY Combinator, the genesis for many of the companies that have shaped Silicon Valley including Airbnb, PagerDuty and Stripe, has minted another 200 some graduates. Half of those companies made their p
Pro.com raises $33M for its home improvement platform
Pro.com is basically a general contractor for the age of Uber and Prime Now. While the company started as a marketplace for hiring home improvement professionals, it has now morphed into a general con
Seattle’s new venture firm, Flying Fish, holds a first close on its targeted $80 million fund
The founding partners of the new Seattle-based venture firm Flying Fish met as angel investors deploying capital in the talent-heavy, cash-light region around Amazon and Microsoft’s corporate h
Redfin shares fall 7% after real estate earnings disappoint
Redfin, the real estate brokerage site, saw its shares tumble about 7 percent in after-hours trading, shortly after sharing its earnings. The newly public business may have disappointed Wall Street, b
Most of 2017’s tech IPOs are performing well
Blue Apron and Snap had disappointing debuts this year, but others have fared much better. Of the tech companies that have gone public this year, most are trading above their IPO price. But there have
VC doors are wide open for real estate startups
Over the last couple of decades, online streaming, shopping and social networking startups have revolutionized the art of sitting around the house. Now, a new generation of internet entrepreneurs is f
Real estate site Redfin up 11% on stock market day two
Redfin, the Seattle-based real estate site, had a great first couple days on the stock market. After pricing above the expected range at $15 per share, the stock closed Friday up about 45% at almost $
Redfin soars 45% after IPO; CEO calls it ‘Amazon of real estate’
It was a great day for Redfin, the Seattle-based real estate site that finally went public after 13 years as a startup. After pricing higher than expected at $15 per share and raising $138 million, th