Pacaso, a startup that acquires homes then sells ownership shares in those properties, raised $75 million in new capital at a valuation of $1 billion in just six months.
Already this month 15 firms with at least $50 million of liabilities have filed for bankruptcy protection.
Three more shareholders are saying they plan to vote against the deal because they feel the purchase price undervalues the company.
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Oct 22, 2021
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