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Bay Area property management startup Belong Home to open HQ2 in Utah - Vimarsana News

Bay Area property management startup Belong Home to open HQ2 in Utah

Deseret News Share this story Silicon Valley startup Belong Home is aiming to disrupt the long-term rental market with a platform they say simplifies and improves the relationships between landlords and tenants. On Tuesday, the company announced a $40 million funding round and plans to open a new secondary headquarters in Utah and staff it with 100 new employees. Belong Home Silicon Valley startup Belong could have leveraged a fresh cash infusion to expand its current headquarters in San Mateo, California. But instead, the 3-year-old company will put a portion of its $40 million Series B fund...

This Silicon Valley startup to open secondary HQ in Utah with 100 new employees - Vimarsana News

This Silicon Valley startup to open secondary HQ in Utah with 100 new employees

This Silicon Valley startup to open secondary HQ in Utah with 100 new employees Art Raymond © Belong Home Silicon Valley startup Belong Home is aiming to disrupt the long-term rental market with a platform they say simplifies and improves the relationships between landlords and tenants. On Tuesday, the company announced a $40 million funding round and plans to open a new secondary headquarters in Utah and staff it with 100 new employees. SALT LAKE CITY — Silicon Valley startup Belong Home could have leveraged a fresh cash infusion to expand its current headquarters in San...

Source: msn.com
Full Impact Of COVID-19 Revealed In Opendoor's First Earnings Report - Vimarsana News

Full Impact Of COVID-19 Revealed In Opendoor's First Earnings Report

In its first earnings report since going public, Opendoor posted a net loss of $286 million in 2020 and $87 million in the fourth quarter alone.

Source: inman.com
Opendoor Reveals Ambitious Expansion Plans - Vimarsana News

Opendoor Reveals Ambitious Expansion Plans

The company wants to double its total markets in 2021 but is eyeing a much bigger goal.

Source: inman.com
Real Estate Embraces SPACs to Take Proptech Startups Public - Vimarsana News

Real Estate Embraces SPACs to Take Proptech Startups Public

Share via Shortlink From left: Fifth Wall’s Brendan Wallace, Tishman Speyer’s Rob Speyer, Social Capital’s Chamath Palihapitiya, Cantor Fitzgerald’s Howard Lutnick, Pershing Square Capital’s Bill Ackman and Opendoor’s Eric Wu When Fifth Wall Ventures decided to jump into the SPAC market in January, it targeted a raise of $250 million to take a startup public. Within three weeks, it upsized the offering — twice — before the new blank-check firm closed its $345 million IPO on Feb. 9. “There was a lot of public demand,” a euphoric-looking Brendan Wallace, the venture...