Fifth Wall Shakes Up Real Estate Industry With New Investment
Fifth Wall VC firm recently announced a $135 million investment with its anchor LP Lennar and Opendoor. Co-founder Brendan Wallace sits down in Los Angeles with Alyssa Julya Smith to talk about how the deal is going to make home buying easier and more streamlined.
Wallace talks about how his team orchestrated this partnership to address the market and believes making homes more liquid is the single most important thing that could happen in the U.S. economy. He explains that if homes become more frictionless to transact, homeownership is democratized in a way it has never been before. The corresponding social and economic implications could be profound, Wallace says.
Opendoor is helping this happen with its streamlined sales process and through its partnership with Lennar, one of the largest home builders in the country. Currently, Opendoor can scale the sales process down to just a few days.
Opening statements are expected in Atlanta in the trial of rapper Young Thug, who's accused of co-founding a violent criminal street gang and using his music to promote it.
Thanksgiving is all about spending time with family and friends, but it also comes with social obligations. Dr. Sheree Sekou, principal consultant at Sheree Sekou Consulting, joined Cheddar News to discuss how to navigate holiday etiquette and answered questions from Cheddar News staff.
As Americans prepare for their family feasts Thursday, a new survey named some of the most popular dishes on the table. Plus, Vogue released some of the top TV episodes to watch with family after dinner.
November is when Haiti commemorates becoming the first independent Black republic in the world. And 120 years later, the country's development continues. Haitian-American actress and humanitarian Garcelle Beauvais and Alex Cantave, senior program officer for Haiti at the W.K. Kellogg Foundation spoke with Cheddar News about their partnership to help the country's Pockets of Hope campaign, which looks to generate $90 million for education, health, and economic development initiatives in Haiti over the next three years.
