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Ex-Zillow CEO Spencer Rascoff leads SPAC deal to acquire Offerpad, a rival to his former employer

GeekWire

Former Zillow Group CEO Spencer Rascoff is jumping back into the real estate game in a big way. based company at $3 billion and bring in an additional $650 million in gross proceeds to a real estate technology provider that powers the quick selling and buying of homes. (GeekWire Photo / Kevin Lisota). Subscribe here ).

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Zillow Group stock falls 10% after company says it will stop buying additional homes this year

GeekWire

“We’re operating within a labor- and supply-constrained economy inside a competitive real estate market, especially in the construction, renovation and closing spaces,” Jeremy Wacksman, Zillow chief operating officer, said in a statement. For comparison, Opendoor bought around 8,500 homes in the second quarter.

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Salesforce to cut 10% of its global workforce in restructuring plan

CIO Business Intelligence

The company said it expects to complete most of the employee restructuring plan by the end of fiscal year 2024, and to finish its real-estate restructuring in fiscal 2026. “I take responsibility for that,” Benioff said in his letter. Salesforce acquired Slack in 2020 for $27 billion , in a deal where Taylor played a key role.

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Zillow CEO Rich Barton on leading companies through an economic storm

GeekWire

billion in cash and investments at the end of 2022 and attracts nearly 200 million monthly visitors to its real estate sites — is well prepared. “A .” Barton is essentially living by the old political maxim: Never let a serious crisis go to waste. And he feels Zillow — which held $3.4

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5 Reasons Online Publishing Platforms Are the Future

Kitaboo

This has been proven to be more flexible and utilitarian in comparison to printed content. In comparison, digital publishing provides a novel avenue to circulate content without having to print it. Logistically, the time it takes to create a digital publication is nothing in comparison to print. Insightful Analytics.

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Three options for seeing the solar eclipse, from expensive to iffy to absolutely free

GeekWire

Thousands of eclipse-watchers will be flocking to that relatively narrow band of real estate for the big day, driving up the price of travel. In comparison, your typical SEA-DFW nonstop could be less than $500 a week later. Nonstops are more than $2,000.

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How becoming a venture capitalist helped this Seattle startup vet turn his life around 

GeekWire

Ascend has backed a number of Seattle startups including meat marketplace Crowd Cow, e-commerce software provider Fabric, and real estate marketplace Keepe. ” Seattle still pales in comparison to the Bay Area and New York City when it comes to local VC dollars available to startups.