TRD Staff

Opendoor Lays Off More Staff as iBuyer Changes Course

National

Opendoor cuts 40% of its employees amid iBuying pivot

Erik Engquist

From left: Hippo founders Eyal Navon and Assaf Wand, Blend founder Nima Ghamsari, Former Opendoor CEO Eric Wu and Doma CEO Max Simkoff (LinkedIn, Getty, SoundCloud, Doma; Illustration by The Real Deal)

New York

The Daily Dirt: Proptech’s boom and bust

Opendoor co-founder Eric Wu with Orum Residence at 11490 Orum Road in Bel-Air (SPF Architects, LinkedIn)

Los Angeles

Opendoor CEO pays $32M for Bel-Air “propeller home”

E.B. Solomont

Clockwise from left: Softbank CEO Masayoshi Son, Social Capital CEO Chamath Palihapitiya, Opendoor CEO Eric Wu, Founders Fund partner Keith Rabois and Access Industries chairman Len Blavatnik (Getty; Opendoor; Founders Fund)

Here are the big winners from Opendoor’s IPO

Harrison Connery

Antitrust Lawsuit Could Be Good For Opendoor

Commissions lawsuit opens door for Opendoor

Brokerage Exec Leads Charge With $145M in Stock Sales

Proptech, brokerage execs selloff eight- and nine-figures in company stocks

Opendoor CEO Eric Wu and Chamath Palihapitiya (Getty)

Opendoor valuation soars to $18B ahead of IPO

Opendoor’s Eric Wu is leaving the iBuyer

Sheridan Wall

Resi proptechs eye commissions, mortgage rates, Clear Cooperation in third quarter earnings

Opendoor cuts 22% of staff

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San Francisco

Opendoor

Opendoor Lays Off 300 After $78M Third Quarter Loss

Opendoor lays off 300 after $78M third quarter loss

OpenDoor Closes Lease on Smaller HQ in San Francisco

OpenDoor closes lease on smaller headquarters in San Francisco

iBuyer Opendoor Loses $91M In Fourth Quarter

Another $91M flies out of Opendoor

Zillow Files Antitrust Suit Against Two MLSs

Opendoor

Opendoor cuts 40% of its employees amid iBuying pivot

The Daily Dirt: Proptech’s boom and bust

Opendoor CEO pays $32M for Bel-Air “propeller home”

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