Chamath Palihapitiya unveils $4.8 billion SPAC deal for real estate startup Opendoor - Crossminds
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Chamath Palihapitiya unveils $4.8 billion SPAC deal for real estate startup Opendoor
Sep 25, 2020
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VC Chamath Palihapitaya from Social Capital plans to acquire Opendoor, a real estate startup for nearly $5B. He is familiar with reverse merging private unicorns like Virgin Galactic and believes his newest deal will yield 10x returns.
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