Chapter
OpenDoor's Failed Business Model
47:21 - 56:15 (08:53)
This podcast discusses OpenDoor's flawed business model, their loss of revenue, and their plummeting stock prices.
Clips
Open Door, a startup that offers an instant sales feature in real estate, goes public to take on its rival, Zillow.
47:21 - 52:07 (04:46)
Real Estate
Summary
Open Door, a startup that offers an instant sales feature in real estate, goes public to take on its rival, Zillow. Zillow, on the other hand, is facing challenges as it competes with itself and its own agents, leading to declining stock prices.
ChapterOpenDoor's Failed Business Model
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The single-family home market is at an all-time high, but open-door still lost money due to poor management decisions.
52:07 - 56:15 (04:07)
Open Door
Summary
The single-family home market is at an all-time high, but open-door still lost money due to poor management decisions. The company's lack of transparency during their stock market debut and ill-advised spending led to their downfall.