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Tag: opendoor

Unpacking Opendoor’s S-4 Filing

Unpacking Opendoor’s S-4 Filing

[Editor’s note: Originally published on the Thomvest Blog.] Opendoor, the nation’s largest iBuyer, is going public. It is doing so via a merger with Social Capital Hedosophia Corp II (NYSE: IPOB), which is a special purpose acquisition company (SPAC) led by investor Chamath Palihapitiya. Opendoor published an investor presentation as…

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A Waking of the iBuying Elephant

A Waking of the iBuying Elephant

[Note from the editor: We publish a Weekly Transmission for the GEM membership that consists of long-form articles covering the spectrum from shipping container co-living spaces to the battle for listing acquisition in the first iBuyer world war. Below is a sample Transmission about the Opendoor IPO announcement.  —Drew Meyers]…

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Candidates for your Open Real Estate Tech Jobs

Candidates for your Open Real Estate Tech Jobs

For those hiring, there’s a great list of Opendoor alum that were unfortunately impacted by the recent lay-offs curated/aggregated by the Opendoor community. The individuals are broken out by category: ENGINEERING, PRODUCT, DESIGN, DATA SCIENCE OPERATIONS MTTG / BIZ OPS / FIN Interested? Check them all…

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Real Estate Unicorns and the Green Curtain

Real Estate Unicorns and the Green Curtain

Recent developments surrounding WeWork have brought into question again the future of the two big Unicorns in the real estate industry.   Compass and Opendoor Back in July, this person (me) didn’t think too much about the future of the two big unicorns, Compass and Opendoor….

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Technology Can’t Turn Red Into Black – Part 1

Technology Can’t Turn Red Into Black – Part 1

It isn’t the same as turning lead into gold but the latest talk about red and black in the real estate industry is still nice fodder for the pundits even if it doesn’t really reflect reality. Second quarter earnings announcements and SEC filings were released…

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“Game of Thrones” comes to the Real Estate Industry – Part 1

“Game of Thrones” comes to the Real Estate Industry – Part 1

There’s been a lot of talk lately about the future of not just the players in the real estate industry but the industry itself. Who wins and who loses in the next several years depends on various combinations of many factors against the backdrop of…

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Will Consumers Embrace iBuyers?

Will Consumers Embrace iBuyers?

I’m a perpetual skeptic of “real estate disrupters”. I believe that Redfin and the other discount brokerages pick at the ~5% margin of sellers who would rather save 1% than have a good experience selling their homes. The massive boom of iBuyers seem to pick…

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Career Opening: Opendoor Social Media Manager

Career Opening: Opendoor Social Media Manager

On the heals of Zillow posting the job opening for Jay Thompson’s replacement, it looks like Opendoor is looking for a brand ambassador as well. I came across their Social Media Community Manager opening in a Facebook group I belong to, and thought I’d post it…

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Opendoor Looking to Reach iBuyers on ESPN

Opendoor Looking to Reach iBuyers on ESPN

I came across the following advertisement on ESPN while checking to see when Game 7 (if necessary) of the World Series was… As you know, there’s no more free lunch…how are those without hundreds of millions in funding getting distribution leading into 2018? News flash: If…

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Zillow Instant Offers…Finally

Zillow Instant Offers…Finally

It’s no secret inventory is a problem in many real estate markets across the country (my own backyard, Seattle, certainly falls in that list). That begs the question, how do you open up more inventory for purchase? I’ve long been a fan of the Make…

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