Ro

Tech + Stocks | Exchanging 9-5 for Financial Freedom ⚡️🚀

[Jeffrey Ye @jeffye888]

Do something simple but do it extraordinarily well

$OPEN

[Ro @FIREWithRo]

@HeeraniPK @vladtenev @IBKR is way better in such cases.

[Ro @FIREWithRo]

When does the next leg of the SpaceX $SPCX IPO sympathy rally begin for the rest of the space sector? Or was the first run-up the entire trade?

$ASTS $RKLB $RDW

[Ro @FIREWithRo]

@HeeraniPK Same. In April, Nov 2025 & Mar, June’26

Still learning 😱

[Ro @FIREWithRo]

@SpaceInvestor_D Congrats bro ! Keep rocking.

[Ro @FIREWithRo]

@SpaceInvestor_D

[Ro @FIREWithRo]

@morganb @DanielKim828 @nejatian Ok. That’s interesting. However, if I were you, I will just keep it simple.

[Ro @FIREWithRo]

@SpaceInvestor_D

[Yang Guo @yang_guo]

매크로는 크게 세 가지로 볼 수 있어요: 드리프트, 계절성, 이벤트(예: 휴일).

Kaz가 말한 건 그중에서도 드리프트에 대한 얘기예요. 즉, 가격 책정에서 의도적으로 분산을 만들고, 그 결과 더 퀄리티 높은 집들이 포트폴리오에 들어오게 하는 것. 이런 포트폴리오는 침체나 쇼크에도 더 잘 버틸 수 있죠.

이 부분은 우리가 꽤 잘하고 있다고 보고, 더 잘하기 위해 계속 노력 중입니다.

계절성과 이벤트는 조금 달라요. 이건 사람들이 실제로 살아가는 방식에서 나옵니다.

7월 4일엔 바비큐를 하고, 추수감사절과 새해에는 가족과 시간을 보내고, 여름에는 가족 여행을 가죠.

이런 계절성은 주택시장의 일부예요. 주택시장은 결국 사람들이 살아가는 방식의 반영이니까요.

[Ro @FIREWithRo]

@fahdananta Typical PM 🤣🤣🤣

[Kaz Nejatian @nejatian]

Just doing the job man. Look. 1) for too long Opendoor has failed to deliver on its core promise and core mission. Therefore, it is reasonable for us to be held to a higher bar than the average company when it comes to "did you do what you said you would do". 2) reason more CEOs don't answer these questions is because most companies are run by bureaucrats whose only incentive is to minimize the risk of anyone being upset at them. These are reasonable questions.

[Kaz Nejatian @nejatian]

I think I said the best way to judge the company is across three management objectives. I said that a few weeks after I took over. Those where 1) can we scale acquisitions 2) can we improve unit economics and resale velocity while reducing aged inventory and 3) can we build operating leverage (i.e. make sure our contribution margin could cover our fixed cost by increasing former and holding latter steady).

on 1) 500%ish YoY, and Q1 2026 was the highest acq since 2022 and double Q4 2025.

on 2) % of homes on the market over 120 Days declined from 51%+ when I took over to ~10% last quarter, over the same period the market went the other direction and went from like 20%ish to 33% ish. Contribution Margin has improved every single month since my first day and March was the highest contribution margin in any quarter for some time. October, November, December, and January cohorts are each selling faster than any corresponding cohort since COVID.

on 3) Fixed opex was down both QoQ and YoY. And trailing 12 moth opex as a % of revenue is steady at 1.3% QoQ and since CM is up we are going in the right direction.

Those are the financial numbers, but also if you look at the people who are coming into Opendoor - they are exceptional and I'd put them up against any tech company. If you look at our shipping velocity, it is higher than it is has been in years (possibly ever?). We went from 35% of the market to 95% market in coverage. Our capital light product went from 0 to a third of our volume. etc. etc.

[Dima @dbart01]

Last December, my friend @fahdananta text me - let's chat.

I'd spent the last decade building iOS apps at @Shopify, @getcode, and @flipcash, so I had a feeling where it was going. A few conversations later, I'd signed on to a simple mandate - come rebuild Opendoor's iOS app.

Today, we're launching it. We rebuilt the entire mobile experience from the ground up - native, SwiftUI, GraphQL - and everything from booking a tour to browsing listing photos is substantially improved.

There's still a ton of work left and we're not slowing down.

[Fahd Ananta @fahdananta]

Today we're launching a new Opendoor app on iOS

You can browse homes, see prices and home details, book a tour in a few taps, and manage everything in one place

Try it out and let me know what else you'd like to see us build into the app

[Ro @FIREWithRo]

@DeepValueBagger @AverageDipBuyer Yes.. very true.. I did the same mistake.. learnt my lesson.. thanks for putting this out in open here.

[Ro @FIREWithRo]

I will again quote “OIL is OIL”. Period !!

[Trade Whisperer @TradexWhisperer]

$MU $DRAM $SNDK WSJ Article

"AI Has Made Memory Chips More Valuable Than Oil"

"Micron, Samsung and SK Hynix are cheap despite their $1 trillion valuations if long-term contracts stabilize the sector"

"SK Hynix has stated that demand far exceeds its production capacity for the next three years, especially for high-bandwidth memory (HBM) used in AI accelerators."

"Memory was historically a volatile commodity business with brutal boom-bust cycles. AI (via insatiable needs for specialized HBM) has created higher-margin, more stable demand through long-term contracts with hyperscalers."

[Ro @FIREWithRo]

@DeepValueBagger @HeeraniPK @beavinvests why $APLD ? just curious.. thanks !

[Ro @FIREWithRo]

@spacanpanman