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July 28, 2017 01:57 am GMT
Redfin, the real estate site based in Seattle, has finally raised its IPO. Founded in 2004, this was 13 years in the making. Despite an ugly patent lawsuit from a former co-founder over one of Redfin’s pending patent applications — one filed just this Monday — the company priced above the $12 to $14 range, at $15 per share, a number that values the company at $1.2 billion.… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ITz91yHefn8/
Redfin real estate site prices IPO at $15, valuing company at $1.2 billion
Redfin, the real estate site based in Seattle, has finally raised its IPO. Founded in 2004, this was 13 years in the making. Despite an ugly patent lawsuit from a former co-founder over one of Redfin’s pending patent applications — one filed just this Monday — the company priced above the $12 to $14 range, at $15 per share, a number that values the company at $1.2 billion.… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/ITz91yHefn8/
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