$100B SoftBank Vision Fund invests in 2 real estate startups
Masayoshi Son-led $100-billion SoftBank Vision Fund has invested in two US-based real estate startups this week, Opendoor and Compass. The Fund is investing $400 million in Opendoor in exchange for a minority equity stake and has co-led a $400-million funding in Compass. The funding rounds valued Compass at $4.4 billion and Opendoor at a reported amount of $2 billion.