CheddarChonker

Some call me thicc, others call me big boned.
$OPEN SESAME

[CheddarChonker @CheddarChonker]

The market saw a miss today but didn't actually listen $OPEN.

Kaz delivered on the operational goals: more acquisitions, lower costs, improving margins, and a clear path toward profitability. AI is changing the economics of this business faster than many realize.

Pumped up.

[CheddarChonker @CheddarChonker]

Every quarter they seem more focused on execution and long-term value.

I think the market is still valuing the old Opendoor. A year from now, I think this company looks very different.

[CheddarChonker @CheddarChonker]

The market hated the earnings. Papi here didn't.

I've honestly never been more bullish on $OPEN.

They're no longer just betting on the housing market. They're building a better product. AI is making the entire transaction faster, smarter, and more efficient.

[sophia dew @sophiadew]

$OPEN reported $883M in Q2 revenue (up 23% QoQ)

Right after their earnings call, I sat down with Opendoor's CEO (@CEOKaz), Chief AI Officer (@vu0tran), and Chief Investment Officer (@yang_guo), to discuss the results

CEO @CEOKaz
02:25 how the openarmy was rescued them
04:20 what changed from a year ago
06:31 why "The last 50 people we hired were better than the last 50 Anthropic or Meta hired"
09:54 "6,000 homes on $81M of marketing, then 6,000 homes on $5M"
12:44 internal AI use
14:11 "Public companies aren't incentivized to be excellent. They're incentivized to not get noticed"
18:19 why Opendoor doesn't write an annual plan
25:34 the future of the housing market

Chief AI Officer @vu0tran

28:44 why he left Meta Superintelligence Labs
30:46 his learning from being a real estate agent
33:59 what you learn working at a lab
35:06 why Opendoor's data is the moat
37:55 what the team shipped
42:57 why a public company CEO is the hardest job

Chief Investment Officer @yang_guo

45:30 why he left Opendoor and came back
48:45 how Kaz changed the company culture
52:20 what determines the price of a home
54:48 how model pricing estimates move markets

*not investment advice

[CheddarChonker @CheddarChonker]

@sophiadew @vu0tran @yang_guo How can you not love these guys, this team and this mission. Longterm nothing has changed. Just even clearer than before. It should be $5+ right now no doubt. Big things coming next year! Godspeed 🫡 $OPEN

[CheddarChonker @CheddarChonker]

@BraveFrogger @jeffye888 What % chance do you think they will get extended?

[CheddarChonker @CheddarChonker]

@Pikithome Marshall you are First Team All Carrie Wheeler. how about you keep drinking fat free milk and buy real estate in Flint Michigan

[CheddarChonker @CheddarChonker]

@CapitanSteveo YOU WON'T 🥲

[Kaz Nejatian @nejatian]

See you all very soon.

[CheddarChonker @CheddarChonker]

@gnoble79 @ericjackson You are the biggest L7 Weenie on either side of the Mississippi.

[CheddarChonker @CheddarChonker]

@CapitanSteveo Its funny to see people buy OpenZ at these levels over OpenL. Its so close in price. Only a few cents different. Makes no sense for people to do that. $openW is the goat tho.

[CheddarChonker @CheddarChonker]

@BlueDot_Techs What do you think $open price will come November?

[CheddarChonker @CheddarChonker]

@SN_Economics @BlueDot_Techs KEEP BUYING SIGI PAPI!

[CheddarChonker @CheddarChonker]

@CapitanSteveo What are you more bullish on right now? $OPEN OR EMJX?

[CheddarChonker @CheddarChonker]

@CapitanSteveo Where did you get these numbers? Whats your EOY estimate?

[CheddarChonker @CheddarChonker]

@CapitanSteveo Do you feel now is the time to buy? are you worried about dilution?

[CheddarChonker @CheddarChonker]

@CapitanSteveo Rough time with the crypto right now but this is early. Whats your average price at?

[CheddarChonker @CheddarChonker]

@CapitanSteveo Thank you for the info. Curious where you can buy shares of this? cant find either ticker

[CheddarChonker @CheddarChonker]

@CapitanSteveo What is SRXH?
Penny stock

[CheddarChonker @CheddarChonker]

@CapitanSteveo Roger that. You have a juicy bag and when you bought shares at that low of a price why leverage? Whats your price prediction come this fall?

[CheddarChonker @CheddarChonker]

@CapitanSteveo What are your thoughts on stacking OpenW?