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Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale
Manage episode 463375857 series 1321952
The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal. The terms — and Divvy’s journey from buzzy startup to acquisition target — reflects the rollercoaster ride the proptech industry has endured over the past decade.
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4310 episodios
Manage episode 463375857 series 1321952
The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal. The terms — and Divvy’s journey from buzzy startup to acquisition target — reflects the rollercoaster ride the proptech industry has endured over the past decade.
Learn more about your ad choices. Visit podcastchoices.com/adchoices
4310 episodios
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