Fallout from the startup wave cresting

The idealism of recent startup lifestyles are crashing back to reality. Real estate has lived this front and center with SoftBank fueling Compass to exceptional growth that now leaves it with a reported tightened spending culture and cooled acquisition appetite. It, however, also helped Compass grow quickly into the nation’s third-largest real estate brokerage, by a huge margin, by surpassing companies such as Douglas Elliman, Howard Hanna nd Redfin over the past two years.