Big News: $IPOB is merging with @Opendoor and will take them public. More than $1B is being invested to help Opendoor build a legacy company. This is my next big 10x idea (memo attached). Tune into @SquawkCNBC today at 8am ET to hear more. 💪🏽💪🏽 https://t.co/6u4ki1PhDj
My investment thesis in a nutshell...why $IPOB is merging with @Opendoor and helping bring this amazing company public. https://t.co/swYKGKzxMX
If you would like to learn more about the @Opendoor business and how we developed our investment thesis which led to the merger of $IPOB and OpenDoor, you can see a detailed presentation from myself and OpenDoor CEO @ericwu01 here: https://t.co/RuHI6SnvzL
Bamboos Consulting presents Opendoor resumes iBuying in all of its markets - See https://t.co/C023ACz9gL for more
Umbrella เนื้อร้อง: นัมโดฮยอน, Primeboi ทำนอง: นัมโดฮยอน เรียบเรียง: นัมโดฮยอน, Primeboi, Opendoor Comeback(?) เนื้อร้อง: นัมโดฮยอน ทำนอง: นัมโดฮยอน เรียบเรียง: นัมโดฮยอน, Primeboi เปียกปอน 😭😭😭😭😭 น้องทำเองเกือบหมดเลย เป็นเพลงของน้องจริงๆ😭🥺🥺💕 #Be_our_Umbrella_HnD https://t.co/SoA0OyCvtz
Zillow, Opendoor are riding monster waves. Here’s why https://t.co/Gyw6Glv3hF https://t.co/zGDcytqmHo
@chamath Will you be releasing any further information regarding IPOB & Opendoor any time soon, good sir? Thank you.
Opendoor to go public by way of Chamath Palihapitiya SPAC – TechCrunch https://t.co/hdPH8gzK9c
Zillow, Opendoor are riding monster waves. Here’s why https://t.co/zaoXBgGqJs #RealEstate
@varadhjain @iankar_ They probably scrap from Financial Fillings, OpenDoor not being exactly as Popular as the likes of Uber, no News Agency would have noticed it.
@suumitshah what do you think of https://t.co/VNhdiZEe2k SEO? What would you do to thuglife it up?
Housing market recession coming. Prices are crashing. #realestate #zillow #redfin #opendoor #California #realestateagent #realestateadvice #economy #Election2020 #USA #socal #housing
@chamath This is how I feel about IPOB. Strong convictions. Opendoor to the moon 📈✨LFG!
Housing market recession coming. Prices are crashing. #realestate #zillow #redfin #opendoor #California #realestateagent #realestateadvice #economy #Election2020 #USA
@walnutavevalue $ZG will win because they have a CAC advantage vis-a-vis Opendoor.
Continuing on my thread on ibuyers: Previous tweets covered advantage for buyers and sellers of real estate. And thoughts on how $ZG and @opendoor might compare. Now, a short thread on risk of holding housing inventory for $ZG: https://t.co/I0HXO6Iebu
【全文掲載】田中圭、林遣都に感謝のメッセージ「牧という男を遣都が生きてくれたから…」 | 映画がもっと面白くなる映画情報サイト「ムビッチ」 久しぶりに読んだけど、この記事、誤字多いな😅 でもいい記事よね。 #おっさんずラブ https://t.co/5Jxa9MAght
What’s interesting is much before Opendoor’s SPAC announcement, AngelList already had this up. Assuming that this is likely automated, i wonder where they’re scraping their data from. https://t.co/pTUgkM2KbK
@timothydh @packyM The best part of the article: “Just like you couldn’t have predicted AWS by looking at Amazon in 2000, it’s hard to predict what Opendoor might look at in twenty years. But that doesn’t mean we can’t try.” Something could be there, just can’t quite see it yet.
@chamath I look at Carvana’s Market Cap and see 15X potential with IPOB/Opendoor
@timothydh @packyM Opendoor currently holds inventory for an average of nearly 3 months - that’s a really long time. (how long will this increase to in a downturn?) When Blackstone flipped Sam Zells multibillion dollar CRE portfolio, they did it within days.
@timothydh @packyM If the path to better margins is up/cross selling other services, is Opendoor really just a really risky lead gen company for home services? Cost reduction opportunities are there, but seem limited - they need to reduce costs by 50%+ to make up for any lack of appreciation.
@datarade @Opendoor @chamath @rabois @ericwu01 @ihat That’s mainstream. Try Brise de Mer or Famiglia Colonna
@packyM fantastic write up on opendoor. support! Would you assess Desktop Metal too? thks!
@chamath @Opendoor @ericwu01 @chamath in the presentation it says that as of 6/30 the debt facilities have restricted use for the purchase of homes? https://t.co/x804MJCPMf
The @OpenDoor Ndrangheta is here. $IPOB. Keep your eyes on @chamath @rabois @ericwu01 @ihat. You thought PayPal mafia was intense...just wait......
Opendoor is ready to go public. Is its balance sheet? https://t.co/hQkZtjsQDC https://t.co/8DSkN5gt2A
@saxena_puru Puru, I've been meaning to ask you about https://t.co/TVc0LIK5Tc business future. What's your take on it?
#quotes #Motivation #spiritual #love #WritingCommunity #writers https://t.co/1pwYsT2E6n
Opendoor To Go Public By Way Of Chamath Palihapitiya Spac more at https://t.co/Jzy1RUkPHE https://t.co/lIoRjQN5I2
"Schools are closing their doors, but Opendoor isn’t https://t.co/UC8nAlsfIs " (TechCrunch)
#Opendoor has a distinct advantage in its data collection (home inspections) and valuation whereas #Zillow is cornering the market on leads. But Zillow’s advantage may be moot since when it comes to one’s “most valuable” asset, the 1st lead only causes you to seek out a 2nd
@packyM @chamath Wonderful analysis. Naïve question - does that mean investors can buy IPOB today if they want to invest on Opendoor? Or does they have to wait until merger is completed (and may be get new ticker?) ?
@cameroniadeluca can anyone point to info about what ipob shares are worth given a ~4.8b opendoor valuation? Haven't been able to find any transaction details.
So close to 300 subscribers @UrbanTechNews! Check us out and subscribe to join our awesome group of readers from publications like The NY Times and WSJ, political staffers, founders, and employees at companies like Airbnb, Opendoor, Zillow + many more! https://t.co/47td5aLFTU
@qwsp99999999 @rafaelp_s1 @veronicacris @le0nluna @ju_qualia @ronilso_pacheco Nao. O maior canal de dados sobre Cristãos perseguidos é o do OpenDoor ( Portas Abertas). Eles publicam a lista mundial de perseguição todos os anos. São mais de 100 mil mortos só entre Cristãos.
Opendoor will transform a really stagnant real estate technology market. A wave that will replace irresponsible, lazy agents with an algo. Might not happen overnight, but our generation is just scratching the surface when it comes to ownership. $IPOB https://t.co/FipmuImEcw
What We Actually Know About How Americans Are Moving During Covid https://t.co/AFgNvoRdkT #Opendoor @realMeetKevin @GrahamStephan @Noahpinion @mattyglesias @REITs_Nareit @NAIOP @MMREIS @trdny @CBRE @CoyDavidsonCRE @Colliers @dukelong @nreionline @BullRealty @JLL @ccim @ICSC
What We Actually Know About How Americans Are Moving During Covid https://t.co/AFgNvoRdkT #Opendoor @Opendoor @Redfin @ericwu01 @ihat @chamath @pewresearch @CarrollDoherty @LilyKatz @erinosgood_ @GrantCardone @JamesFallows
Happy First Day of Fall! #realestatesoftware #ibuyer #ibuyeroffer #realestatemarketplace #zillow #opendoor #openhouse #realestatebroker #realestateteam #lightersideofrealestate #realestateforsale #realestateagent #realestateagentlife #justsold #justlisted #realestatetips #atla https://t.co/YLEeUnt4xE
Knock Knock. Who's There? Opendoor. - Not Boring by Packy McCormick Cc @AdrianSaville https://t.co/F0iuYDVLkj
Zillow, Opendoor are riding monster waves. Here’s why https://t.co/eLyEFdL0lZ #realestate
If you are a huge gentleman, RT + follow this picture! #opendoor https://t.co/FfNwJXrEFd
@PunchableFaceVI Welcome to shell mergers. The SV elite realized they don’t even need to find deals to get their promotes. They just take a no deal company public, find a sleazy Patsy (like Nikola’s chairman or Opendoor), hide a shit ton of stock in 20 straw mans names, and let the Patsy’s yap.
Bonus topic: PropTech (↑ 2500% in 5yrs) It's property + technology. Often, this takes the form of sales and rental e-marketplaces. Think Zillow. But other tech is emerging. OpenDoor, for viewings without agents, has raised $1.3b. https://t.co/a0LKXoj7Hq
Inman Feed Zillow, Opendoor are riding monster waves. Here’s why https://t.co/CmvjvHufwG
@howardlindzon @Opendoor is a superior product by far 👏 @chamath is a genius !
Zillow, Opendoor are riding monster waves. Here's why (from @bradinman): https://t.co/PiqfvA56jx
Meet the team behind @Opendoor, the real estate technology firm that will go public via a $4.8 billion merger. https://t.co/wVQIPtXhYh
@trading_stealth @DavidNLefkowitz @chamath @IPO201 Be patient. He announced this days after the @opendoor deal. Listing fees and being public takes time, effort, & money. They did not just annonce 3 more to just sit IMO.
@JohnFulton85 @adamnash @Opendoor @eBay And by the way, I see potential acquisition coming from insurance companies who have the key know how, property history info and loads of cash.
@chamath need to tell @Opendoor to fix their #IPOB investor deck. Pretty sure Chicago isn't in Indiana and Omaha isn't in Iowa. #SPAC #fail https://t.co/puY4GHfDJA
Opendoor to go public through merger with blank-check company Social Capital Hedosophia https://t.co/sUjXHKTthM
@JohnFulton85 @adamnash @Opendoor @eBay Their offers always bundled the compromise between time/market risk and price. They try to make a business by calculating and manage that risk like insurance companies did. Or one can say better total risk management cost they can achieve, with massive upfront capital needed.
CEO of https://t.co/TZTXwJ9g8S $IPOB @ericwu01 has ummm a lot of skin in the game on RE and knows how it works tech wise and RE owner wise etc... He did not however secure as strong of a twitter handle as his CTO @ihat. HODL $IPOB 🚀🚀🚀🚀🚀🚀🚀 https://t.co/eVcN72StOo https://t.co/2obCmNQhGM
We are two days away! Grab a ticket here: https://t.co/ihI14Y2SZe & Thank you to to our sponsors: @sendbird @karat @Lohika @StackOverflow @segment @epsagon @CircleCI @honeycombio @workato @Andela @codility @coda_hq @Opendoor @BoastCapital @SplitSoftware @turingcom @theAWIP https://t.co/nhLqowXU6o
@Post_Market @justindross @mishachellam @Opendoor @evancharles Did they also include warrants in each $10 unit?
Literally @rabois and @chamath have masterminded the ultimate public company to crush, kill, and destroy competitors in these markets. The healthy balance sheet combined with the mobility of the US population put @OpenDoor / $iPOB in the blast radius of a beaucoup of revenue.
Every day I own more and more of @chamath and @rabois 's $IPOB. I look at the https://t.co/xkwyDkph8m metrics and look at the geographies that @opendoor plays in. People want to buy and sell homes <$350k and shift tax domiciles quickly. Stock belongs to me. https://t.co/bRWWCcj1ek
@StockLizardKing the fact that OpenDoor $IPOB has surpassed and is trading higher than Fisker Automotive $SPAQ shows investing today is all about daily inpatient hype/pump and idiot #RobinhoodTraders playing scared. This is embarrassing ...
Zillow, Opendoor, Redfin and Compass are raising staggering sums of money to grow market share, build tools, recruit talent and reshape how real estate is bought and sold #technology https://t.co/KIYHw6C7as https://t.co/KRDgCHSud7
Zillow, Opendoor are riding monster waves. Here’s why https://t.co/4CunPQg2s4
If consumers are willing to buy autos online, they will be willing to buy homes online (especially investors). $IPOB (SPAC) is the player here - Opendoor is the company they are buying. This is a screaming buy here.
#Census2020 .... Please be counted it takes like 3 minutes to fill the form or#OpenDoor when they come around & count everyone .Nomatter what your legal status is you need to be counted . https://t.co/wYV2hjqfnP
In this season, you shall experience open doors. #opendoor #Blessings #FavourConference2020 #favors #MotivationalQuotes #motivational #MotivationMonday motivation
Some interesting responses: -cost reduction at scale -higher premium for liquidity in a down market (aka Opendoor fees) -rehab costs make up for part of the appreciation -cross/up selling services
For the second consecutive month, Deutsche Bank's research team raised its target stock price for Zillow. This time, it was fueled by its biggest iBuyer competitor going public. https://t.co/8IrqCrUYbl
@coinmamba 🐍🐍🐍🐍🐍 Props to a real one 🤝 stocks are being tokenized as we speak, everything is. I think that's why Chamath came out pushing opendoor now. The great tokenization has begun heavily. Ex. $DEUS ,check them out just as an example. I read the details and its very intriguing 💯
Do excellent work and platforms of opportunity will come to you. #excellence #opportunity #opendoor
Exhibit A re: startup prowess of our students and alumni - https://t.co/bg4lOVcn45 @WUSTLbusiness BSBA alumnus JD Ross is doing amazing work in his post Olin career. @Opendoor and now at @JoinAtomic!
@AdamSinger @isaacgarcia I was hoping to have an interesting 1:1 debate bc you seemed well informed, but quickly turned into a potential PR issue for Opendoor that I don't want to have caused
@justindross @isaacgarcia BTW JD I actually don't dislike you or Opendoor, my response was commensurate with someone coming into my mentions and telling me I don't understand something. My opinions as investor are just that. Have a good day.
“Amazon won because it resiliently put all the expensive and unsexy pieces in place and sacrificed short-term profitability for long-term dominance.” https://t.co/MX00CbGCYr
@shyamkotak_ @AdamSinger This was pretty good but not quite as detailed as I'd go on *why* offer accuracy matters and why it's a compounding advantage. https://t.co/9LHnAJDPj5
Announcing our first keynote speaker for the NYU Entrepreneurs Festival: Evan Moore (@NYUTischSchool '07), Co-founder of @DoorDash, @Opendoor and @Vevo! #NYUEF #NYUEntrepreneur Learn more and reserve your spot to see Evan and 30+ other speakers: https://t.co/y0njDdSU0y
@AdamSinger I'm fairly up to date with most tech startups that have any level of user adoption and am now just learning a company called opendoor exists
Why Opendoor going public is a rising tide that could lift Zillow https://t.co/H8SgMoTgzL https://t.co/B2UdT2qV8V
@VinayVish254 @jayvasdigital Seller pay a premium in a down market...here is the biggest problem. Sellers rarely want to admit the true value of their home. Opendoor needs them to price ahead of the market (lower than the current market value) in a downward market. I don’t see it happening at scale.
TIL about Lindy effect - the future life expectancy of something is proportional to their current age! Have seen this in many traditions. Thanks to @packyM newsletter on Opendoor. Link 👇 https://t.co/cYNOn8OdRP
Close to the train station 🚂 motorway networks 🛣 and a quick walk🚶🏻♂️to a superb park with a fab cafe ☕️ 🍰 Tannery Fields in #Runcorn #Cheshire offers a great lifestyle choice. Find out more here: https://t.co/LP9iFZFaqc #sharedownership #helptobuy #newhomes https://t.co/VnsgEO0vaZ
HEART & SOUL is a worship gathering for young adults ages 18-28 created to encourage, inspire, and connect young adults into a relationship with God and each other. HEART & SOUL happens throughout the year and is an event where all our young adults come … https://t.co/5hndIuupa7 https://t.co/ldbEMGj8Fs
@ronilso_pacheco Mais de 100 mil Cristãos são assassinados todos os anos por causa da fé em regiões hostis. Isso é que é A “coisa ruim”. O apelo foi acertadíssimo. #opendoor #portasabertas #cristãosperseguidos #cristofobia