U.S. Markets closed

Softbank-backed real estate unicorn Compass “is just Realogy with better branding”

Julian Hebron

QUOTABLE

Compass is just Realogy with better branding.

– Real estate analyst Mike DelPrete on how Softbank-backed Compass is valued at $6.4 billion. This is 9 times bigger than market cap of Realogy , which owns most of the world's top real estate brokerage brands.

This post originally appeared on The Basis Point: Softbank-backed real estate unicorn Compass “is just Realogy with better branding”

DO YOU LIKE MONEY? GET MORE AT THE BASIS POINT®

The 4 Stages Of Fintech Startups – lessons from Personal Capital rebranding

Why HBO’s Silicon Valley Creator Mike Judge Likes Big Tech More Than Wall Street

Which startups are worth 10x rev, Rich kids allowance, 1 Click Mortgage