Navigate Auto Alley: Fresh Edition
HomeLight, a real estate firm, used a blended monetary approach to lift $115 million ($60 million by issuing further equity and $55 million through debt financing). HomeLight used the extra capital to acquire lending start-up Accept.inc. Adam Hayes, Ph.D., CFA, is a monetary author with 15+ years Wall Street expertise as a derivatives dealer. During the Middle Ages, governments began issuing money owed to fund warfare efforts. In the 17th century, the Bank of England was created to finance the British Navy. The use of coins as a method of representing money began within the years between 600 and 570…