Working with Kaz is an exercise in true first principles management. This interview gives you an incredible glimpse into what that looks like.
Long Kaz. Long Opendoor.
@budd545304@operdoor2@Opendoor@nejatian They have a standard 5% fee, plus additional deductions for repairs, etc. but this is partially offset with fees they then pay to partner realtors but net net, they paid less than $423,000
@budd545304@operdoor2@Opendoor@nejatian Don’t forget, even though they “bought it” at $423,000 and sold it for $410,000, they didn’t really pay $423,000 as they deduct a lot of fees against the seller - so they probably paid $375,000+ net some of those fees
@morganb@nejatian@lucmatheson@rabois@yang_guo@vu0tran $OPEN Gentleman, kindly extend the maturity of the 3 warrants u issued to shareholders. Push them out a year to 11/20/2027. Retail has been holding firm but market makers keep suppressing the stock. Time to release the Kraken💥
@morganb@nejatian@lucmatheson@rabois@yang_guo@vu0tran $OPEN Gentleman, kindly extend the maturity of the 3 warrants u issued to shareholders. Push them out a year to 11/20/2027. Retail has been holding firm but market makers keep suppressing the stock. Time to release the Kraken💥
Fannie expanding its title pilot is good. Rules built decades ago to manage risks that no longer exist… are just a tax on homeowners. Great to see @pulte expanding it.
$OPEN Market makers & investment funds are clearly trying to keep the stock below $5.00 to pile in cheap before the Russell Index inclusion on June 26th. Thank u for letting me buy cheap shares too. It’s not a matter of how fast this bad boy will run, but how soon after 6/26…