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July 28, 2017 08:16 pm GMT
It was a great day for Redfin, the Seattle-based real estate site which finally went public after 13 years as a startup. After pricing above the range at $15 per share and raising $138 million, the stock soared 45% before closing at $21.72. This gives Redfin a market cap of $1.73 billion, well above its last private round, which was about $770 million. Redfin raised over $167 million in… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/eQ3lWbmhygs/
Real estate site Redfin soars 45% after IPO; CEO calls it Amazon of real estate
It was a great day for Redfin, the Seattle-based real estate site which finally went public after 13 years as a startup. After pricing above the range at $15 per share and raising $138 million, the stock soared 45% before closing at $21.72. This gives Redfin a market cap of $1.73 billion, well above its last private round, which was about $770 million. Redfin raised over $167 million in… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/eQ3lWbmhygs/
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