Quite a lot but I think it all comes down to this: no one in the founder seat and managers optimizing for not looking bad. Company basically had outsourced all its decisions to consultants who had become leaches bleeding the company dry. And because good people kept not being listened to and consultants were running the place, it had become very hard to recruit excellent people.
You’d be interested to know that I am pretty sure Opendoor has now more ex-YC founders from S14 batch as employees than any company (including any S14 company!).
Half of our Eng leadership channel is YC founders (not just S14).
I don't mind being wrong (long term still probably right) but that will not stop me from ringing the cash register and revisiting this stock when it retraces IPO.
We don't want to be right all the time, we just want to exit with a profit. Thanks for playing
If I were $SNAP CEO, I would lean all the out of physical products and lean into being the Photos app across Phone (apple/android). I would move mountains to replace Apple Photos and Google Photos with Snap Photos.
Integrate SNAP capabilities in the Photos app. All of them.
@GordonJohnson19 Gordon, bear thesis aside, wouldn't you do well to just buy the stock as it is an Elon Musk-IPO in the middle of one of the most expansive tech runs of the 21st century? Or does the valuation just totally paralyze you?
@ReaperCapital actually a fine way to do bench (I work out [a lot]).
these half reps target the chest only (Pectoral muscles), not activating the arms (Tricep) and chest (Pectoral).
men who get big in prison do reps like this. It's fine, not cheating.