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Editor's note: Private fantasies vs. public realities

Posted On: Dec 4, 2018   |   Posted By: The Real Deal New York

There is so much venture capital money flowing into private real estate firms these days that you would be forgiven for turning money-colored green with envy. Take Opendoor, a tech company that allows for automated home buying and selling. The venture capitalists who've bet on the startup have valued it at $2 billion, based on a miniscule $10 million in annual revenue. Or WeWork, which is now reportedly worth $45 billion. Compare that to the...

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