Knock Announces Plans to Go Public

Sean Black, co-founder and CEO of Knock, talks about his announcement to take the company public in 2020. Knock allows homeowners to sell or trade in their home for a better one. Black says the company decided to announce its IPO plans two years in advance thanks to his affinity for the NYSE. The NYSE also reserved Knock's ticker symbol: KNCK. Black says the difference between Knock and a competitor like OpenDoor is that Knock will help homeowners purchase their next home, while OpenDoor will not. Black says OpenDoor also charges fees on top of the usual 3% for brokers.

More In Business

Grounds for Concern? Starbucks’ Sales Slip and the Road Ahead

For decades, it’s been a trope: you can find a Starbucks on every corner. But proximity is no guarantee of long-term success, even in the coffee industry.

Cannabis Rescheduling Could be the ‘First Domino’ to Federal Reform

The Biden administration is set to change marijuana from a Schedule I to Schedule III drug. It could be the first step to sweeping change.

Has Disney Lost the Magic? What Its Latest Results Mean for the Company

Disney's box office and cable results disappoint, but the the House of Mouse is doubling down when it comes to streaming.

Tesla Would Die a Slow and Painful Death as a Strictly EV Company

Tesla is being investigated for allegedly misleading investors about its self-driving capabilities. And one analyst says the company 'needs' that tech to grow.

A Timeline of the Collapse at FTX

FTX said in a court filing late Tuesday that it owes about $11.2 billion to its creditors.

Taste a Meteorite (Literally!) with Pegasus Distillerie's Shooting Star

Pegasus Distillerie's U.S. launch is accompanied by a brand-new spirit, Shooting Star vodka. Its secret ingredient? A meteorite.

Grab a Mimosa: Brunch Is the Most Important Meal of the Day

One thing inflation-battered consumers aren't willing to give up: breakfast and brunch at their favorite restaurants.

Is a $1,300 iPad the Innovation Apple Needs Right Now?

Apple’s latest event promised to usher in a new era for the company’s iPads, but what’s missing is cohesion as it gets closer to the developers conference.

Debt Got You Down? Here are 12 Ways to Tackle It

While you can't wave a magic wand and make your debt disappear, paying off your credit card obligations can be easier than you think.

How to Spot AI-Generated Deepfake Images

With AI deepfakes cropping up almost every day, it’s getting harder to tell what’s real from what’s not.

Load More