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Paul Levine | Photo credit: Sapphire Ventures
For that reason, Paul Levine, a partner at Sapphire Ventures and former Trulia president, believes the timing of the Compass initial public offering (IPO) is “fantastic.”
“They’ll be going public during well, knock on wood, assuming things hold up and GameStop doesn’t take down the entirety of the public markets they’ll be entering during quite a good time,” Levine said, during an Inman Connect Session titled “The State of Venture Capital and Investing As We Begin 2021.”
“Clearly public market investors love the theme of innovative real estate models, so I think the environment is going to be quite receptive.” ....

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