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Posts published by “Maribel Redner”

Palihapitiya finds next ’10x idea’ with $4.8 billion SPAC deal for real estate start-up Opendoor

Chamath Palihapitiya pioneered taking private unicorns public by reverse merging them into special purpose acquisition companies — an idea he's called "IPO 2.0."  After his first iteration of doing so last year with space-tourism company Virgin Galactic, he's found his next target: Opendoor, an online marketplace for buying and selling houses.  "These guys are my…