I shared this note earlier today with the entire team at Opendoor.
Today we began to say goodbye to our colleagues in India as we wind down our India operations.
Our customers are in America, and that's where our operational work belongs.
If you are an Opendoor shareholder, I have an ask.
Proxy advisors at ISS and Glass Lewis have recommended shareholders to vote against me at our Annual Meeting. I don’t take this personally. This is the fifth time in my career these same people have told people to vote against my team.
These proxy advisors have built no companies and are not meaningful shareholders of OPEN. They're a checkbox industry charging fees to tell other people what to do with shares that aren't theirs.
Usually most companies can’t do anything about this since many institutional shareholders will just vote the way ISS tells them to.
But Opendoor has the Open Army! It is important that we stand up against this separation of management from shareholders.
If you are so inclined, help tilt the world in favor of shareholders and away from bureaucrats.
Find out how (ask your broker, check your emails) and vote your shares. Our board is excellent. We are back on mission and we are winning.
Don't outsource your vote. Read the proxy. Vote your shares.
@TJTheWheelDeal I get it after years of holding the view that funny money fades. Also, I think the early investors of SpaceX, once they take profits, will go into Bitcoin after the lockups. I enjoyed your content 👊
There’s a reason “Dog” is just “God”, backwards; they share an unconditional love for mankind. Both Nithya and Karen Bass ignore these poor animals being killed on Skid Row and in their city shelters. They don’t care. I will put an end to this horror. VOTE to save these animals.
“I’m not a politician. I’m a husband and father who watched my home burn because the system failed us. We don’t need more government programs. We need common sense, accountability, and a Mayor that shows up for everyone”
Spencer Pratt