A Bay Area home-selling startup on Wednesday said it will shut down a little over a year after raising a $100 million funding round.
Reali provided a way for customers to buy and sell homes in one coordinated transaction, eliminating some of the complications involved in, including having to pay two mortgages at once.
We need more boot strap startups that don’t rip thru cash.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Home-selling startup Reali to shut down a year after raising $100 million in funding - Silicon Valley Business JournalThe six-year-old startup blamed the move on 'challenging real estate and financial market conditions and unfavorable capital-raising environment.'
Source: svbizjournal - 🏆 334. / 59 Read more »
Lyft parts with 250k square feet of San Francisco office space - San Francisco Business TimesLyft's S.F. headquarters was designed to foster fun and collaboration, yet it is not enough to bring employees back after experiencing more than two years of remote work. The truth is the workers probably took 2nd jobs where they are required to show up
Source: SFBusinessTimes - 🏆 78. / 68 Read more »
Opendoor names one-time Amazon executive Raji Subramanian to C-suite role - San Francisco Business TimesThe executive takes on her new role as Opendoor faces the uncertainty of a slowing housing market.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »