Technology

Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale

The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal.  The terms — and Divvy’s journey from buzzy startup to acquisition target — reflects the rollercoaster ride the proptech industry has endured over the past decade. […] © 2024 TechCrunch. All rights reserved. For personal use only.

Jan 23, 2025 - 03:32
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Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale

The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal.  The terms — and Divvy’s journey from buzzy startup to acquisition target — reflects the rollercoaster ride the proptech industry has endured over the past decade. […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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