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Compass Market Cap Drops Below Total Raised from Investors

Written by daryn | Jun 24, 2022 8:31:37 AM

Venture capitalists pumped over $1.5 billion into Compass, a startup that promised to use technology to alchemize the residential brokerage business. When the company went public last March, it raised another $450 million, bringing its total investor haul to $2 billion, a record-breaking number for a sector that Silicon Valley has long avoided.