Ori Allon, the charmed entrepreneur who has already sold one company to Google and another to Twitter, has been feverishly working on his third—Urban Compass. So far, Mr. Allon and founder Robert Reffkin won’t even say what Urban Compass does. But that air of mystery hasn’t slowed the company’s growth—they have raised $8 million from an impressive group of seed funders including Goldman Sachs, AmEx CEO Ken Chenault and Thrive Capital*. The start-up now has 18 employees and counting.
One of those 18 offers a clue to what Urban Compass will actually involve, and our guess is real estate. As first reported by The Real Deal, Gordon Golub, who was an Executive Vice President at Citi Habitats, left after 18 years to join Mr. Allon and Mr. Reffkin. Read More