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Javascript is disabled in your web browser. For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page. Proptech CEO pay, the #s behind Sonder’s $2.2B SPAC deal Plus, a startup that tracks our cell phones raised $50M National / Proptech’s payday A year ago, Redfin CEO Glenn Kelman said he would forgo a salary after the tech brokerage had to furlough 40 percent of agents and staff. Other CEOs followed suit. But in the end, the pandemic didn’t cause a housing meltdown or a meaningful deterioration in CEO pay. In 2020, ...

If you bought Zillow stock last year, you’re in the money. Shares of the listing giant shot up nearly 20 percent last week, breaking $200 per share on Feb. 11, a day after Zillow reported better-than-projected earnings for 2020. To put that in perspective, the stock is now up 280 percent from last year at this time, when it was trading around $50 per share. (And yes, that’s before it plunged to around $20 on Covid fears.) Now, a slew of analysts think it could go even higher: Citi raised its price target to $250 from $130. Zillow’s market cap is now $47 billion. What’s behind the pop?

Share via Shortlink From left: Lionheart’s Ophir Sternberg, Fifth Wall’s Brendan Wallace, Chamath Palihapitiya, Supernova Partners’ Spencer Rascoff and Proptech Acquisition II’s Tom Hennessy (Getty, LinkedIn, iStock)   It’s a good time to be a startup aspiring to go public. Investors plowed more than $83 billion into blank-check companies last year — and 11 days into 2021, they’ve invested $7.2 billion more. More than a half-dozen of those entities, also known as special-purpose acquisition companies, are targeting proptech startups. The VC firm Fifth Wall Ventures was ...