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Zillow's $200-per-share pop, and $40M for 3D printed homes Inbox


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? ....

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Fraction Technologies announces $289 million CAD in debt, equity financing as it looks to disrupt reverse mortgages


Fraction Technologies announces $289 million CAD in debt, equity financing as it looks to disrupt reverse mortgages
Vancouver-based startup Fraction Technologies on Wednesday announced $289 million CAD in a mix of equity and debt financing.
Fraction is a startup at the intersection of FinTech and Proptech, focused on providing what it calls “socially conscious financial solutions.”
With the announcement of its funding, Fraction is coming out of “stealth mode” with the launch of its initial product, the Fraction Appreciation Mortgage, which allows customers to convert up to 40 percent of their home equity into tax-free cash.
“The Fraction team impressed us with their breadth and depth of experience in lending.” ....

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