This startup is selling for $1B, so why is its founder not proud of the outcome? | TechCrunchDivvy Homes sold to Brookfield Properties for about $1 billion, mostly to service its debts, leaving common shareholders without compensation.
Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale | TechCrunchDivvy Homes' $1 billion acquisition reflects challenges in the proptech industry, leaving some shareholders without a payout.
Rent-to-own startup Divvy Homes selling to Brookfield for about $1 billion | TechCrunchDivvy Homes is being acquired by Brookfield Properties for approximately $1 billion, down from its last valuation of $2.3 billion in 2021.
This startup is selling for $1B, so why is its founder not proud of the outcome? | TechCrunchDivvy Homes sold to Brookfield Properties for about $1 billion, mostly to service its debts, leaving common shareholders without compensation.
Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale | TechCrunchDivvy Homes' $1 billion acquisition reflects challenges in the proptech industry, leaving some shareholders without a payout.
Rent-to-own startup Divvy Homes selling to Brookfield for about $1 billion | TechCrunchDivvy Homes is being acquired by Brookfield Properties for approximately $1 billion, down from its last valuation of $2.3 billion in 2021.
Scoop: Andreessen Horowitz and Tiger Global-backed Divvy Homes is being sold for parts to Brookfield PropertiesDivvy Homes is being acquired by Maymont Homes amid challenges, including rising complaints and shifts in the housing market.
This 51-year-old renter with stage-3 breast cancer thought she'd 'go to her grave' without owning a home. That was until she found Divvy Homes' rent-to-own programRenting often drains income, making home ownership feel impossible; Divvy Homes presents a viable path for those seeking to own their homes.
Scoop: Andreessen Horowitz and Tiger Global-backed Divvy Homes is being sold for parts to Brookfield PropertiesDivvy Homes is being acquired by Maymont Homes amid challenges, including rising complaints and shifts in the housing market.
This 51-year-old renter with stage-3 breast cancer thought she'd 'go to her grave' without owning a home. That was until she found Divvy Homes' rent-to-own programRenting often drains income, making home ownership feel impossible; Divvy Homes presents a viable path for those seeking to own their homes.