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Robert Reffkin’s stock agreement at Compass comes to light

Written by CRETech | Nov 1, 2019 12:24:36 PM

In 2012, Robert Reffkin paid just $335.50 for his stake in a nascent firm known as Urban Compass.

Today those shares — made public in a recent court filing — are worth $517.5 million based on Compass’ latest funding round in July. And while Reffkin’s stake was likely diluted over the years, the CEO’s original stock amounts to roughly 8.5 percent of what is now a $6.4 billion firm.