This interview hits every part of the journey:
— My grandfather arriving from Ukraine at 16
— How I find 100× investments
— Why I’m building @EMJXai
— Why I’m outside @Drake ’s house every day
OPEN Army… Bitcoin crowd… Rising Dynasty family…
Let’s make this one go. 👇
Exciting to see the enthusiasm around our new take on earnings. Want to share some thoughts around what led us to make these changes.
The earnings call hasn’t changed in 30+ years.
Dial-in codes. Scripts. No voice for the people who actually own the company.
That’s outdated. We’re doing it differently.
You can ask a celebrity a question on Instagram.
You can message a founder on X.
But if you’re a shareholder, you still can’t ask a CEO a question about the company you own a stake in.
That makes no sense.
Transparency shouldn’t stop at the product.
If we’re building tools to make buying and selling a home simpler and more open, we should show up the same way for our shareholders.
This is what that looks like.
Traditional earnings calls were built for Wall Street.
We’re building for everyone who believes in what we’re building.
Real questions from real shareholders.
Straight answers from us.
No gatekeepers. No corporate theater. Just a real conversation with the people who’ve bet on our success.
That’s what earnings should look like now.
We’ll share what we learn along the way.
Others can use the playbook and make it their own.
This isn’t a PR experiment. It’s how public companies should operate.
Open. Simple. Better.
So. @opendoor’s Q3 Financial Open House is November 6 @ 2pm PT. We're doing things differently. Here's what's new:
→ Video instead of audio, so you can see and hear from us directly
→ Live Q&A powered by @robinhoodapp's Say Technologies platform, where YOU, our shareholders, can ask questions NOW through Nov 5
→ Streaming on @RobinhoodApp (we're proud to be the first major real estate tech company to do this)
Ask anything: https://t.co/ahitgfnIKI
This is earnings, reimagined for everyday investors. Welcome to our Open House 📷
DAY 69 — The American Dream, One Plate at a Time 🇺🇸
Last night I had dinner with my friend Kubi, and his story hit me hard.
He came to Southern California not speaking a word of English. His first job? Washing dishes.
But he never stayed stuck there. He worked his way up, kept showing up, and one day — a Russian Jew saw something in a Muslim kid from Istanbul that even he didn’t see in himself.
That belief set Kubi on a path to an incredible life — a beautiful family, major career success, and now, becoming one of the earliest believers in $OPEN and Rising Dynasty.
It’s proof that the dream is still alive for those willing to work, believe, and bet on themselves.
Thank you, Kubi — your story reminds us all why we’re here. Let’s ride. 🚀
Kaz Nejatian: The $OPEN CEO Story and Why He’s Built for This Turnaround
Personal story
“I moved to Canada when I was 12 and I moved to Canada because a year earlier, while still living in Iran, I had been stupid enough to get myself arrested by the country’s religious police.
People who have never had to worry about the crushing power of the state don’t realize what freedom feels like.
I was 12 years old when I felt it. I knew I was free. And it felt amazing.” @nejatian
Kaz comes from a builder family. His father was a builder, and his brother works in real estate. He grew up around construction sites and architectural drawings. His mother runs her own business on Shopify.
Married to Candice Malcolm, a bestselling author, journalist, and founder. Together, they are raising four children. A strong family foundation built on focus, resilience, and shared purpose.
Studied Business (Finance and Strategy) at Queen’s University in 2001 and earned his Law degree from the University of Toronto in 2003.
Why He Will Make $OPEN the Amazon of Real Estate?
1️⃣ Founder’s Brain, Operator’s Discipline to Succeed at $OPEN
As @rabois said: “There was only one choice for the job: Kaz.”
2️⃣ Shopify Operator
Delivered over 350% return to shareholders since he joined.
Rapid progression. As COO, drove critical financial products such as Payments, Capital, and Banking.
3️⃣ AI-First Mindset
Pushed Shopify deep into AI. Keith Rabois says: “Kaz is the right leader to make $OPEN an AI-first company.”
He has already spoken about MCPs and eliminating unnecessary SaaS tools, saving $OPEN millions.
4️⃣ Big Tech Scale.
Led payment systems at Meta for WhatsApp, Instagram, and Marketplace.
5️⃣ Founder at Heart
Built the payments startup Kash from his basement. It was later acquired by a public fintech.
6️⃣ Policy Architect
Designed Canada’s Startup Visa program, described at the time as “the most successful immigration policy in the world.”
7️⃣ Law DNA
Former Ropes & Gray lawyer focused on compliance and data security. Perfect for navigating housing’s regulatory challenges.
8️⃣ Aligned with Shareholders
No compensation unless the stock hits performance targets. He can earn up to 81.8 million shares tied to a $33 price goal, worth roughly $2.7 billion.
9️⃣ Backed by Insiders
Joined alongside a fresh $40 million insider investment from Eric Wu and Khosla Ventures. Full skin in the game.
🔟 Cross-Sector Depth
A rare combination of public policy experience, startup grit, and global-scale tech execution.
Day 65 — Live from the Hotel Del Coronado 🌴☀️
Another beautiful day in San Diego, even as the markets sell off.
The good news? I met with a representative from Opendoor here at this event — and let’s just say they’ve got a lot of exciting things planned for their “Open House” earnings on Nov 6th.
Stay focused. Stay long-term. The story’s still just getting started.
Let’s ride. 🚀 #OPEN #RisingDynasty
Day 64 — Live from Hotel del Coronado 🌴🍺
Live from the Del Coronado in San Diego, California — stocktoberfest edition.
I gotta say… this beats freezing my ass off in Toronto at 7AM in the Bridle Path valley. The beach, the palm trees — a nice change of pace.
What’s not nice? The lousy market action today and the shockingly low volume in $OPEN. But in these quiet stretches, you have to look past the noise. This is where conviction matters most.
Better days are ahead — hopefully when earnings land. Stay focused, stay patient. The dynasty keeps rising.
#RisingDynasty #OpenArmy #Day64 #SanDiego #stocktoberfest
Day 57 – 6:45 AM
Futures are sagging this morning on fresh China saber-rattling. People are gnashing their teeth, wondering why $OPEN hasn’t moved much lately. But that’s how real 100-baggers start. Nobody paid attention to Carvana on its way from $3.50 to $413 — because nobody was watching.
We called our shot on $OPEN, so every day is under the microscope now. But behind the scenes, the gears are turning. Quietly. Consistently.
Out here in front of Drake’s house, it might look like nothing’s changing — but it is. One step at a time. Keep walking. Keep grinding. The world will see it soon enough.
@ericjackson@rabois We will buy homes people want to sell at fair prices and sell homes that people will love at fair prices.
We will get better at this every week.
Day 48: Ride or Die 🔥
Yesterday Julian and I spoke to the TKS Toronto chapter — a group of 13–17 year olds obsessed with entrepreneurship, AI & STEM.
We got some criticism on the photo we posted — and I’ve got a response. Same for the flak Keith @Rabois took this week.
Rising Dynasty isn’t about privilege — it’s about grinders and hustlers from every background who bet on themselves. 💯
Ride or die. #RisingDynasty #OPENArmy
Another masterclass from Eric Wu:
✅ Builders build
✅ Owners own
❌ Managers stall
❌ Leeches drain
OPEN Army knows the difference. Ride or die $OPEN → $82
In the past two days, there has been a sharp decline, and at least hundreds of Chinese $OPEN investors have come to ask me if $OPEN can still be held. I firmly answer that they can.
What I want to say is that I am a long-term advocate, and I believe the CEO @nejatian and @ericjackson are also the same.
Our goal is not just 10, but 82, and 500. It is to change the future of the US real estate industry.
So, what does the current volatility mean?
Maintain a good mentality, enjoy the volatility, buy the dip, and OUR $OPEN ARMY will make @Opendoor greater again!!!
Good morning! ☀️
If Kaz was taking a lunch break in the office with @adambain at 9:30pm last night, surely we can hold strong to all our OPEN shares or buy more today
Okay. In order expedite this, if you are a high technical person who wants to join our mission at @Opendoor, please fill out this link. We'll get back to you much faster this way.
https://t.co/9fnIekESm3
Got to meet @EricTrump tonight and discuss how much the OPEN Army is a fan. He said he’s been following the campaign and wants to let everyone know he wants us to keep it going and thanks!