Premium Only Content

Opendoor Chamath IPOB In Talks to List Via Social Capital II Merger Palihapitiya SPAC
Get two free stocks, one valued from $12-$1400 on Webull:
https://act.webull.com/e/5zThWeyNVDe2/0vc/
Wanna be friends? Add Me Here!
https://twitter.com/MoneyOctopus
https://stocktwits.com/OctopusMoneyMultipliers
https://www.patreon.com/octopusmoneymultipliers
Wanna Buy Some Shirts Or Cups?
https://octopusmoneymultipliers.com/merchandise
Wanna Buy The Same Stuff I Use Or Help Support Us By Buying Your Amazon Stuff Through These Links?
My First Camera Stand:
https://amzn.to/318yjuk
My Second Camera Stand:
https://amzn.to/30pfPqr
My Camera:
https://amzn.to/3gqnPgv
Worlds Best Bluetooth Headset:
https://amzn.to/3gtzT0k
What I Use To Put My Camera Stand On To make It The Perfect Height:
https://amzn.to/2Dg4TCL
Buy Silver Gold Platinum Digitally Vault
https://www.onegold.com/join/54902b874e94473d8f7b49fbfbd141a0
Buy Silver Gold Platinum Physically
Want the Best Stock Trading Charting Program?
(Bloomberg) -- Opendoor, a property technology startup, is in advanced talks to go public through a merger with Social Capital Hedosophia Holdings Corp. II, according to people with knowledge of the matter.
Social Capital, the blank-check company led by chairman Chamath Palihapitiya, is discussing raising fresh equity to help fund the transaction with prospective investors, said some of the people, who asked not to be identified because the talks are private.
The combined company would be valued at around $5 billion in the deal, which is expected to be announced in the coming weeks, the people said.
The transaction isn’t yet finalized and talks could still fall apart.
Representatives for Opendoor and Social Capital declined to comment.
San Francisco-based Opendoor, led by Chief Executive Officer Eric Wu, buys homes digitally, makes minor repairs and lists the properties for sale, charging a fee for the service. The company was valued at $3.8 billion in a March 2019 fundraising round, and at the time said it had raised $1.3 billion from investors including Softbank Vision Fund, General Atlantic, Khosla Ventures, NEA and Norwest Venture Partners.
Social Capital, which began trading in April, has seen its stock soar in recent days. It closed Thursday up 49 cents at $12.41 per share and jumped another 14% to $13.55 at 6:59 p.m. in New York in after-hours trading.
(Updates with Opendoor declining to comment in the third paragraph)
For more articles like this, please visit us at bloomberg.com
-
10:23:56
Dr Disrespect
14 hours ago🔴LIVE - DR DISRESPECT - 10 WINS CHALLENGE - BIG ANNOUNCEMENT AT 12PM PT
148K20 -
1:35:15
Man in America
8 hours ago🚨 ALERT: Hospitals in the U.S. Are KILLING Patients… for Their Organs!
52.1K13 -
2:36:28
I_Came_With_Fire_Podcast
12 hours agoObama's Treason, Trade War: Season Infinity, and Hunter's Pipe Dream
20.2K -
2:52:51
TimcastIRL
6 hours agoObama Referred To DOJ For TREASON, Criminal Investigation, CIVIL WAR!! | Timcast IRL
217K114 -
9:43:32
RalliedLIVE
12 hours ago $6.04 earned10 WINS WITH THE SHOTTY BOYS
100K4 -
1:35:43
Badlands Media
16 hours agoAltered State S3 Ep. 38: Biolabs, Bitcoin & the Epstein Data Vault
58.8K10 -
LIVE
SpartakusLIVE
4 hours agoLAST Stream Until NEXT WEEK || Going to Florida to hang out w/ a SPECIAL Gaming Buddy
280 watching -
10:19
MattMorseTV
1 day ago $11.34 earnedTrump just went SCORCHED EARTH.
73.1K63 -
1:36:49
RiftTV
7 hours agoHow Much is the Government SPYING on You and STEALING Your DATA?! | Almost Serious | Guest: Matt Kim
35.9K4 -
1:31:26
Glenn Greenwald
8 hours agoAaron Maté on More Russiagate Fallout, Protests in Ukraine, and Israel's Strikes on Syria With Special Guests John Solomon, Marta Havryshko, and Joshua Landis | SYSTEM UPDATE #491
120K40