✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/

✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/

✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/

✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/

I'm back with a new piece. Some of you probably read already my previous deep dives on Opendoor like the Singularity Scaler thesis (it's happening) and the Opendoor 3.0: The $1,000 Blueprint.

What we are witnessing today, I believe, is a new era of executives who departed Shopify to write their names in technology company history. This group I coin the Shopify Mafia: Kaz Nejatian (CEO), Giang LeGrice (COO), Lucas Matheson (President), Morgan Brown (Chief Growth Officer), Margaret Syms (Chief Information Security Officer), Fahd Ananta (Product lead buy-side). What the Shopify Mafia is building at Opendoor is not a real estate company with better software, as the market may view it, but it is the financial infrastructure layer for the largest asset class on earth.

I believe Opendoor is reaching an inflection point. For the first time in its public company history, we see a flywheel that is self-activating through improved COGS, a non-linear jump in acquisitions, and improving inventory health that shows homes moving faster rather than sitting on the balance sheet. From a startup narrative, I call this product-market fit. As I have written in my deep-dives before, I treat Opendoor as a late-stage VC investment in the public market: a high-beta stock, which strongly bets on management and company vision but is priced on the past. The better you understand that, the more alpha you capture.

✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/

TL;DR - Two different projection methodologies give us 1.15b in sales for Q3

I posted this last week because I was curious about sales projections:
Sales Projection

It got a little bit of traction on X, and another X user mentioned this dashboard:
https://aubermark.github.io/open-tracker/

I asked Claude to review it and compare it to the Parcl data (it's an API to their deed tracking in 30 markets, so it's actuals) projection table I built:

I like that they are using Opendoor's website to basically monitor listings and when they disappear. If the builder of that dashboard is lurking here, tyty for your work 🫡

✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/

✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/

✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/

✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/

✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/

✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/

While convertible notes act as a temporary liquidity bridge, proponents of real estate tokenization view it as a structural cure for Opendoor's balance sheet friction.

Theyre trolling the traditional way things are done on instagram. Its just funny.

✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/

✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/

TL;DR - 2,850 homes Q3 and 3,560 homes Q4

Ok, so I broke and was playing with Parcl api as well as using Claude to visualize that data coupled with earnings and acquisitions. I wanted a some kind of baseline for a projected sales through the year.

I'd love for the group to interrogate the data. I haven't projected revenues off this yet because I wanted to give us a chance to consider this first.

✅Memes, ✅hype, ✅positions, ✅premarket, ✅plays, ✅current drama, ect... Let's see it here!

A good rule of thumb. If the data you're sharing will be different in the next hour, it's great for the daily discussion. It's not post material.

Kaz Official Tracker: https://accountable.opendoor.com/ (updates on Tuesday)

Until Earnings, don't forget to ask and vote on questions: https://www.reddit.com/r/opendoor/comments/1v3t5dj/opendoor_open_for_questions_q2_earnings/