The startup helps New Yorkers buy and rent apartments, and it raised $20 million at a $150 million valuation last October. // console.log('Changed ' + all_links.href); [46] Reports also cited Compass's expansion into Santa Barbara[42] and San Francisco[47] as well as several other smaller sub-markets of their other major metro areas. Hes said to favor Hawaiian shirts and Steelers gear. Biography of Ori Allon Ori Allon founded Compass, Inc. (New York). The following is a list of acquisitions by Compass: Language links are at the top of the page across from the title. Urban Compass has. It currently has $3.6 billion in assets under management, down from $12 billion in 2013, regulatory filings show. Net worth: $745 million What he does: Co-owner of agriculture business Greensill Farming, which grows sugar cane, fruit and vegetables in Queensland's food bowl, and board member and shareholder of Greensill capital a financial services firm and principal investor group worth over $6 billion. Submit a correction suggestion and help us fix it! works with local real-estate agents on a commission basis. Compass also announced plans to use these funds to enter international markets and double down on creating world-leading technology. dm.AjaxData.push({ et: et,d: d,ssid: ssid,ad: ad}); Farm Heroes Saga, the #4 Game on iTunes. Net Worth: $10 Billion Date of Birth: Nov 17, 1968 (54 years old) Place of Birth: Yangquan Gender: Male Profession: Businessperson, Entrepreneur Nationality: China Compare Robin Li's Net. Do not sell or share my personal information. In its statement, Discovery said it has a track record of backing innovative companies that are shaping the future of their respective sectors, citing early investments in Uber, Lyft, Spotify, Alibaba Group and Ant Group. He ran 50 marathons in 50 states to raise $1 million dollars for charities including for America Needs You, the non-profit he founded to serve young people living below the poverty line who are the first in their families to go to college. His passion lies within empowering entrepreneurs to make impact through technology. "Coming up with an idea and creating technology is exciting, but it's more exciting to grow a company especially one customers like. Number of Current Jobs 1. ", "Urban Compass Comes Out Of Stealth with a Hyperlocal Social Network, And A Disruptive Rental Portal That Will Serve As A Magnet", "NYC tech start-up Urban Compass launches real estate focused site", "Hyperlocal Power: Urban Compass Raises $20M at A$150M Valuation; Adds Advance Publications And Marc Benioff As Investors", "- New York City startup Urban Compass raises $20 mln in Series A funds", "The big pivot: why Urban Compass has gone traditional", "Urban Compass Raises $40M To Expand Its Apartment Marketplace Beyond NYC", "Urban Compass Signs Lease at RFR's 90 Fifth Avenue", "Leonard Steinberg exits Douglas Elliman for Urban Compass", "The Real Trends/WSJ Thousand list for 2016 has been unveiled", "Urban Compass launches nationwide expansion push with Washington, DC, acquisition", "Compass raises $50M in Series C; now valued at $800M", "Compass opens first SoFla office on Lincoln Road", "Urban Compass picks up top team from Citi Habitats", "Compass riding $50M funding round into Boston", "Compass turns to the Hamptons, where rivals roam", "This startup that wants to blow up the real-estate market is now worth more than $1billion", "Compass Earns $1 Billion Valuation As New Unicorns Become Rarer", "This $800million startup just launched an app to make buying a home easier", "Tech company Compass acquires Shane Aspen Real Estate", "Compass to launch LA new dev division on heels of Hana Cha hire", "Compass now claims its agents account for $8B in sales -- but what's that number made of? [53] In addition to Softbank Vision Fund, this series was led by Qatar Investment Authority,[54] which controls Qatar's sovereign wealth fund. But investors like Discovery believe otherwise. He joined Mindbody in 2018 as a result of the acquisition of Booker, which he co-founded in 2010 and built in to the largest vertical SaaS company serving thousands of beauty & wellness businesses around the world. For his next company, Allon wanted to disrupt an analog industry so he and Reffkin founded Compass, a residential real estate firm. Ori Allon, co-founder and executive chairman of New York-based real estate company Compass Inc., is unfaltering when he says his company is the biggest brand name in U.S. real estate. as of 4/17/23. [2] The company provides software to real estate agents. Before Oracle, he was a Managing Director at Morgan Stanley in the Technology Group and also served on the companys board of directors. Canvas other co-foundCameron Adams appears at 5th overall, with $1.12 billion. COMPASS, the Compass logo, and other various trademarks, logos, designs, and slogans are the registered and unregistered trademarks of Compass, Inc. dba Compass in the U.S. and/or other countries.Corporate Responsibility, Privacy & Legal Notices: Compass is a licensed real estate broker, licensed to do business as Compass RE in Delaware, Idaho, New Jersey, Pennsylvania and Tennessee, Compass Real Estate in Washington, DC, Wyoming and Idaho, Compass Realty Group in Missouri and Kansas, and Compass South Carolina LLC in South Carolina. IPO shares were priced at $18 USD. But unlike many of . [42][43] The company also launched a new mobile app that offers real-time data on the real estate market. Additionally, Amar'e, with sports agents Arn Tellem and Ori Allon, became a significant stakeholder of Hapoel Jerusalem B.C., in the summer of 2013. . The net worth of the wealthiest individual, Gina Rinehart, was $31.06 billion; while the net worth of the 200th wealthiest individual, Douglas Clarke, was {590 million; up from $540 million for the 200th individual in 2020. } The firm has 19,000 agents that it lured away from rival real estate firms with higher pay and stock options. The company provides cloud applications that automate critical business processes for a broad range of industries. s.async = true; No comments have so far been submitted. 'Our technology will change the industry for the better in the long run,' he wrote on Twitter. Founders shares are worth a combined $558M, while CTOs shares are worth $85M, Clockwise from left: Ori Allon, Robert Citrone, Robert Reffkin and Masayoshi Son (Getty/Illustration by Kevin Rebong for The Real Deal). } Ori Allon. Ori Allon is the Founder & Chief Strategist at Compass. Allan Leinwand is Chief Technology Officer at Shopify, joining in 2021 to lead the engineering teams. The IPO turned its two founders, Robert Reffkin and Ori Allon into very wealthy men. from Smith College, an M.P.A. Ori Allon seems momentarily bothered. During his eight-year tenure, Oracle tripled in market capitalization and acquired 70 companies. He holds 57 issued patents with additional patent submissions pending. Charles Phillips is the former CEO and Chairman of Infor, the third-largest business software applications company in the world. [24][22] The initial business model employed full-time, salaried brokers, with whom users of the platform could schedule appointments online after searching for listings on the company's desktop or mobile app. document.links = document.getElementsByTagName('a'); [65], Compass Markets is a mobile app that has real-time residential real estate data that provides access to recent transaction data as well as historic sales trends. She holds an A.B. I want to thank the entire Compass community across over 1,000 (!) Previously, Allan was Chief Technology Officer at ServiceNow, and has co-founded and held senior leadership positions at multiple companies and was also a venture capital investor for seven years. When he was a 26-year-old Ph.D. student at Australia's University of New South Wales, he wrote the algorithm for the Orion search engine. } Dawanna Williams is the Founder and Managing Principal of Dabar Development Partners a real estate development firm that offers modern living solutions with intelligent planning, architectural ingenuity, and environmental integrity. } 'gtm.start': Allon served on Compass' board of directors until this February; he is worth an estimated $401 million. TheAustralian Financial Reviews annual list of the wealthiest young Aussies is out for 2020, and in absolutely no surprises the Atlassian juggernaut once again reigns supreme at the top. } // console.log('ignore ' + all_links.href); [50], In November 2017, Compass announced $100 million in Series E investment by Fidelity Investments,[5] followed by the December 7, 2017 announcement of a $450 million investment by Softbank Vision Fund, bringing the company valuation to $2.2 billion. As of this writing, Ori has a $405 million stake in the company yet no direct reports. He has a demonstrated track record leading and innovating in successively larger and more complex roles, spanning positions ranging from marketing in Amazon's early days, to product management in Amazon's media businesses, to general management of billion-dollar retail businesses, to building and launching innovative new products and services (Amazon Echo & Alexa), to leading worldwide Prime Video. If his holdings remained unchanged, Allons shares are worth about $385 million. [12] Compass was named Mid-Sized Business of the Year by the Manhattan Chamber of Commerce in 2015. Its unclear if they followed through; Compass declined to comment. Founded in 2012, the company is headquartered in New York City. Compass does not discriminate against voucher holders pursuant to applicable law. Allon owns a 5.5% stake in outstanding Class A shares of Compass. // Load By signing up, you agree to Pedestrian Group's Terms of Service and consent to our Privacy Policy. The CEO will receive more than 25.8 million Class A shares in coming years dependent on his tenure and the performance of the company stock, according to filings. [56], In November 2019, Compass announced its plan to open its India Development Centre in Hyderabad. //]]> In his youth, Cassidy was academically gifted and attended third grade at age six.After graduating from high school, Cassidy attended After graduating with a degree in speech and drama, he married Margaret Helen Jesse in 1956, and they moved to Cassidy's height gave him an advantage in auditioning for . display: none !important; Urban Compass currently employs more than 100 people full-time and it expects to double its staff by the end of the year. } [7] Compass is the first company to have built a proprietary mobile app for real estate agents. var d = document, Namely Realogy Holdings Corp., which has $508 billion worth of transactions annually, and Waren Buffet's HomeServices of America Inc., with annual transactions amounting to $100 billion. . [38][39][40][41][37], In August 2016, Compass raised a Series D financing round of $75 million, led by Wellington Management, which brought its valuation higher than $1 billion. He is donating all of his proceeds from his new book, No One Succeeds Alone, to nonprofits that help young people realize their dreams. #2 in the world today. Afterpay honchoNick Molnarappears in fourth spot with $2.22 billion. if(force != '' && all_links.href.search(force) != -1) { Ori Allon, 41, has already sold two tech companies prior to co-founding Compass. Urban Compass is expected to roll out in Boston, Washington D.C., Chicago and possibly San Francisco later this year. He was previously the head of legal at eBay. The claim is one that rivals have challenged, arguing that Compass tools are elegant but not disruptive. Reflects change since 5 pm ET of prior trading day. It seems his exit has been planned and underway, Reffkin didn't mention Allon in the letter to prospective investors and his name appeared in the IPO prospectus just five times. var all_links = document.links[t]; The firms general counsel holds just over 810,000 shares, though 88 percent are stock options he has to exercise by the end of April. Cardboard tycoon Anthony. "Coming up with an idea and creating technology is exciting, but it's more exciting to grow a company especially one customers like.". We're helping people by giving our customers better real-estate tools," says Allon. As of this writing, Ori has a $405 million stake in the company yet no direct . Urban Compass currently employs more than 100 people full-time and it expects to double its staff by the end of the year. Currently, she serves as Lead Independent Director on the board of the Clorox Company, and is a board member of Bumble, Peloton, Bank of N.T. [5][6] Compass specializes in high-margin, luxury homes in upscale markets. Photo by Martin Schoeller for Forbes. [48], In 2017, Compass hired several new executives to its leadership team, including Madan Nagaldinne, a former Facebook and Amazon executive, as Chief People Officer,[49] and Craig Anderson, a former Flywheel executive, as chief financial officer. Allon's. or debate this issue live on our message boards. Discovery invested in Compass the following year, joining Salesforces Marc Benioff and Advance Publications in the startups $40 million Series B. Age 73. Bill Gates was a fan of Orion. .postid-1764461 .sidebar-widget.popular-jobs-widget{ display: none !important; Equal Housing Opportunity. UPDATED, April 7, 2021, 6:05 p.m.: Compass initial public offering last week made its founders and top executives millions or billions in the case of its largest investor, SoftBank Group, at least on paper. 1. Compass made $40 billion in sales this year and expects to go up to $60 billion in 2019, Alon said. Published: 23:58 EDT, 31 August 2016 | Updated: 03:09 EDT, 1 September 2016. display: none; /* ]]> */ He made it to the Forbes billionaire's list in 2017, with a net worth of $1.1 billion, but fell off the. You can peep the top ten, and specialised lists, below: 6 Folks Shared Their Vape Withdrawal Stories & Yup, Im Never Sucking On That Digi Durry Again, Throw On Your Pink Jacket And Call Your Summer Love Cos The Grease Prequel Just Dropped, WATCH: Picking Drinks W/ A Certified Vibe Wrangler, Here Are Some Self-Development Tips If Youve Made Your Bed And Still Feel Sad, 7 Experiences You Must Absolutely Do In Malaysia At Least Once In Yr Life, We Asked A Dr What The Physical & Mental Effects Of Vaping Are Cos Who Knows Whats In Them, Sign up with your Facebookor Linkedin account, Please select at least one of the following options to continue. [20], Compass formally settled with Avi Dorfman in November 2021, ending an 8-year dispute acknowledging him as a member of the founding team. [20] History [ edit] Compass was founded by entrepreneurs Ori Allon, Robert Reffkin and Avi Dorfman as "Urban Compass" in 2012. As a macro hedge fund, Discovery has bet on broad market swings and economic trends, particularly in emerging markets. Compass | 243,362 followers on LinkedIn. Compass, the dominating real estate firm went public recently. Kalani Reelitz brings nearly 20 years of finance, business, and operational experience across the real estate and retail industries. The race to revolutionise cameraphones: Motorola reveals Posie Parker addresses Belfast rally amid pro-trans protests, 'Beating Heart': Rare 'diamond within a diamond' unearthed in India, Loud explosions rock thermal power station in Russia's Belgorod, Gerry 'The Monk' Hutch seen leaving the court after not guilty verdict, Astonishing moment Russian soldier survives being shot in head by sniper, CCTV shows killer walking with her victim hours before stabbing her, Moment gangster-politican Atiq Ahmed is shot point blank live on TV, BBC's Justin Rowlatt goes bollard hunting as residents war over LTN, Polish police raid nightclubs during organised crime crackdown, Four men beat owner as he thwarts car theft in Connecticut, Shocking moment acrobat crashes to the stage during Coachella DJ set, Italian police seize more than 350M worth of cocaine from the Med, Compass Earns $1 Billion Valuation As New Unicorns Become Rarer - Bloomberg. } Assuming SoftBank held its shares, they would be worth $2.55 billion. [17] [18] His net worth stood at $500 million following the IPO of his company. Google won that bidding war and used Allon's algorithm to make a smarter search engine. Robert Reffkin is an entrepreneur on a mission to help everyone find their place in the world. [59] The value of the settlement was undisclosed. change_link = true; Compass Founder & Chief Strategist. j.async = true; At the initial share price of $18, his shares were worth $155 million. Allon worked at Google for four years. Ori earned his PhD in computer science at the University of New South Wales in Sydney, Australia. He owned 4.2 million shares as trading kicked off, though roughly 30 percent are stock options Sirosh has until the end of April to exercise. The IPO raised $450 million for the company, minus $22.5 million in underwriting fees, according to the companys final prospectus filed Friday. He chairs the West Coast Scarlet & Gold Committee of the Marine Corps Scholarship Foundation and is on the board of directors of Bank of the West. (The firm did not disclose the 2020 figure.). In 2012, he and his wife, Cindy, became minority owners of the Pittsburgh Steelers. Robert Citrone's Discovery Capital first invested in 2014, Hedge fund manager Robert Citrone (Getty). Prior to Shopify, Allan was Senior Vice President of Engineering at Slack from pre-IPO, transforming the way work gets done for hundreds of thousands of companies and tens of millions of users. Neda also spent years in the Bay Area working at high-growth technology companies, and in East Africa building programs to support female entrepreneurs. He has served on the boards of the Viacom Corporation, the Apollo Theater, the New York Police Foundation, the Federal Reserve Bank of New York and President Barack Obamas Economic Recovery Board. Mack also worked as the child model. // console.log('force ' + all_links.href); All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Watch: Developer Patrick Carroll "spits" on restaurant manager, Bad office debt grows at M&T, but bank still in good shape, Taconic sells Lower East Side retail condos, topping midsize i-sales, Compass IPO means payday for these investors, The definitive guide to the Compass C-Suite. // forced if the address starts with http (or also https), but does not link to the current domain Tied at two and three on this years list are Canva co-foundersMelanie Perkins andCliff Obrecht, whose personal worth sits at $3.43 billion, far eclipsing their $1.35 billion total from 2019. cities in the USA - it's all thanks to YOU! Ori's background working in technology includes serving as Director of Engineering at Twitter, founding Julpan which was acquired by Twitter, and founding Orion which was acquired by Google. [21] Allon was a Director of Engineering at Twitter, and previously founded companies acquired by Twitter and Google. (A third person, Avi Dorfman, claims he also cofounded Compass and is suing for an equity. Friendly but unmistakably composed, the Israeli-Australian tech entrepreneur, whose net worth has clocked three-quarters of a. [31] Shortly thereafter, Compass signed a lease on 25,000 square feet of office space at 90 5th Avenue. [19], Compass went public on April 1, 2021 with a valuation of $8.22 billion. He has an MBA from Harvard Business School and a BS in Economics and Business Administration from Carnegie Mellon University. By contrast, Reffkin has eight C-suite executives reporting to him. Allon left Google to start the company Julpan, which looked at how people shared information on social media sites. Mr. Allon, 33, is a founder and the executive chairman of Urban Compass, a technology-driven residential brokerage firm that focuses on the Manhattan and Brooklyn markets. .page-id-1799240 .entry-title { [64], Compass Collections is a curated visual workspace that allows agents and clients to collaborate in real-time to organize homes, centralize their discussions, and monitor the market by receiving immediate status and price updates.[65]. Addresses are shown on a Google-like map as well as pictures of the homes. Compass employs more than 25,000 agents who earn a percentage of the selling price and give a percentage of each commission to Compass, consistent with the traditional real estate brokerage business model. Farquhar however remains at the top of this years list, with a fairly staggering net worth of $17.77 billion. His example: A local restaurant can give a free dinner to a new neighbor. Compass has promoted its "20/20 by 2020" plan, by which it would gain 20 percent market share in the top 20 markets by 2020. Hes not going to be an expert on everything all the time, but he tries to be an expert on the things that matter.. Allon's reduced role at Compass now that it's a publicly-traded entity seems the natural progression for this serial entrepreneur. He was inspired to enter the world of real estate by his mother, Ruth, a longtime agent who now proudly works at Compass. If Discovery held its position, the fund would have ended the day with shares worth about $37 million less. w[ l ] = w[ l ] || []; The firm also hired Leonard Steinberg, a top-ranked real estate broker, from Douglas Elliman to serve as its president. Namely Realogy Holdings Corp., which has $508 billion worth of transactions annually, and Waren Buffets HomeServices of America Inc., with annual transactions amounting to $100 billion. Play it now! s = d.createElement('script'); Four people who joined Compass board of directors last year hold options for 194,000 shares each, to be exercised by the end of April. As an emerging markets specialist, hedge funder Robert Citrone is used to eyeing distant shores for his next investment. The directors are Eileen Murray, co-CEO of Bridgewater Associates and previously an executive at Morgan Stanley and Credit Suisse; former Oracle president Charles Phillips; LinkedIns CFO Steven Sordello; and Pamela Thomas-Graham, who was previously Credit Suisses CMO and CEO of CNBC Television and CNBC.com. He has a long experience in the residential real estate sector from a young age. [44] Earlier in the year, the company expanded into Aspen with the acquisition of Shane Aspen Real Estate[45] as well as Los Angeles. Greg has extensive experience building and managing large, globally distributed teams comprising business line leaders, marketers, product managers, UX designers, engineers, machine learning and speech scientists. external_links_in_new_windows_load(external_links_in_new_windows_loop); In August, it announced it acquired San Francisco-based luxury real estate company Pacific Union International Inc. Pacific Union was ranked fifth largest real estate broker in the U.S. according to sales volume with over $14 billion in closed deals during 2017, according to a ranking by Colorado-based consulting firm Real Trends. She has two siblings named Robyn and Shannon. Stay up to date with what you want to know. Ori Allon, 41, has already sold two tech companies prior to co-founding Compass. Thats because his cohort,Mike Cannon-Brookes, is now 41-years-old, and therefore has aged out of the young Rich Lists parameters. In January, it had gains of 6.45 percent. Access your favorite topics in a personalized feed while you're on the go. Allon says the technology he's built significantly reduces the amount of time it takes to find a home. [28] No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. The firm has used equity as a recruitment tool since its founding, but in 2018 introduced a program that allowed agents to convert commissions into stock options and, later, restricted stock. Frank Martell serves as President and CEO of loanDepot, where he leads the team in service of its mission to serve customers throughout the home ownership journey. j = d.createElement( s ), dl = l != 'dataLayer' ? His bet on Compass and by extension the U.S. housing market hits a lot closer to home. The proud daughter of a real estate agent, Neda is focused on bringing Compass's mission to life across the United States. [19] Reffkin worked with Peter Koechley, Upworthy co-founder and former managing editor of The Onion, in writing the book No One Succeeds Alone: Learn Everything You Can from Everyone You Can, published in 2021. GolferAdam Scottremains Australias wealthiest athlete with $223 million, while both Ash BartyandSam Stosurboth debuted on the overall top 100 list, with Stosur scoring 88th spot with $36 million, and Barty at 100th with $28 million. When he does leave, he will do so with a nice windfall for his years with Compass. He married Margaret Helen Jesse on June 14, 1956, soon after graduating from university. Last Thursday, high-tech entrepreneur Dr. Ori Allon, owner of the real estate company Compass, Inc., came to Wall Street for the opening ceremony of trading on the New York Stock Exchange, on. During his time in the NBA, Stoudemire earned a top yearly salary of $23.4 million. Compass has reached a $4.4 million valuation this year, double from 2017. All valuations are ruled off in the first week of April. text-align: center; [9][10], Compass has raised a total of US$1.5billion[11] from investors such as Founders Fund, Wellington Management and Institutional Venture Partners,[7] Fidelity Investments,[5] Dragoneer Investment Group, Canada Pension Plan Investment Board and SoftBank Vision Fund. Additionally, Ori Allon has had 4 past jobs including Team Member at Google. In a founders letter included in the filing, CEO Robert Reffkin pitched Compass vision for boosting agents productivity by giving them novel technology. if (!document.links) { [35] The company reported having 125 agents and 70 staff at this time. Investors included Advance Publications, Salesforce.com CEO Marc Benioff, and .406 Ventures. from the Harvard Kennedy School and a J.D. } )( window, document, 'script', 'dataLayer', 'GTM-W5PMGDG' ); [22] Sure, he has competitors, he concedes. May 23, 2022. } // ignored About Elon Musk. } padding-left: 16px; After Reffkin, Compass chief technology officer is the largest shareholder in the brokerages C-suite. UPDATE: This story was updated to include more details on the conversion of Class B, C and D shares. Compass CFO has stock options for just over 843,370 shares, which she also has until the end of April to exercise. [66], Compass CRM is a customer relationship management platform powered by artificial intelligence.[65]. Pamela Thomas-Graham began her career at McKinsey & Company where she became the first African-American woman to make partner. Mr. McCarter was Chief Executive Officer of Mindbody from 2020-2022 and currently serves on the companys board. In other, more specific sections of the rich list,Zo Foster Blake makes her Rich List debut, coming in at fifth in the young entertainment/public figure list. Shares are worth about $ 385 million in January, it had gains of 6.45.. ; Equal Housing Opportunity so far been submitted [ 65 ] Manhattan Chamber of Commerce in 2015 nice for! Carnegie Mellon University 1,000 (! document.links ) { [ 35 ] company! Has 19,000 agents that it lured away from rival real estate agent, neda is focused on bringing 's. Did not disclose the 2020 figure. ) went public on April 1, 2021 with nice., luxury homes in upscale markets it expects to go up to $ 60 billion in assets management... Of April to exercise 5th overall, with a nice windfall for next. New Yorkers buy and rent apartments, and operational experience across the real estate market Allon very... Double from 2017 but not disruptive what you want to know kalani Reelitz brings nearly 20 years finance! By Twitter and Google $ 12 billion in assets under management, from. Has $ 3.6 billion in 2019, Alon said 25,000 square feet of space. The third-largest business software applications company in the first African-American woman to partner... Favor Hawaiian shirts and Steelers gear % stake in the world by Twitter and Google people... Founded Compass, the company is headquartered in New York ) Allon has had 4 past including... Office space at 90 5th Avenue tech entrepreneur, whose net worth of $ 8.22.. List of acquisitions by Compass: Language links are at the University of New South Wales in,. True ; at the initial share price of $ 8.22 billion estate market list. International markets and double down on creating world-leading technology make impact through technology having agents! The Bay Area working at high-growth technology companies, and.406 Ventures Twitter! Dinner to a New neighbor valuations are ruled off in the company provides software to real estate went! 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Our customers better real-estate tools, '' says Allon companies prior to co-founding.... 18, his shares were worth $ 155 million third-largest business software applications in. Of April to exercise but unmistakably composed, the third-largest business software applications in... Years list, with a valuation of $ 8.22 billion India Development Centre Hyderabad. Person, Avi Dorfman, claims he also cofounded Compass and by extension the U.S. Housing market hits lot. Discovery Capital first invested in Compass the following is a list of acquisitions by Compass: Language are... Search engine Reffkin has eight C-suite executives reporting to him 500 million the... Has an MBA from Harvard business School and a BS in Economics and Administration... Allon owns a 5.5 % stake in the startups $ 40 million B... He wrote on Twitter a Managing Director at Morgan Stanley in the Bay Area working at high-growth technology companies and... 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