Opendoor


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From left: Lionheart's Ophir Sternberg, Fifth Wall's Brendan Wallace, Chamath Palihapitiya, Supernova Partners' Spencer Rascoff and Proptech Acquisition II's Tom Hennessy (Getty, LinkedIn, iStock)

These blank-check firms are courting proptech deals

 It’s a good time to be a startup aspiring to go public. Investors plowed more than $83 billion into...

These blank-check firms are courting proptech deals
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

 Opendoor’s IPO last month crowned CEO Eric Wu a billionaire. It quintupled the value of SoftBank’s stake to $2.3...

Here are the big winners from Opendoor’s IPO
Opendoor CEO Eric Wu and Chamath Palihapitiya (Getty)

Opendoor valuation soars to $18B ahead of IPO

Even before Opendoor’s official stock market debut on Dec. 21, the iBuyer’s valuation soared to nearly $18 billion as...

Opendoor valuation soars to $18B ahead of IPO
Opendoor CEO Kevin Wu, Daniel Morillo and Ken Griffin (Getty; Opendoor; LinkedIn)

Opendoor hires CIO from Ken Griffin’s Citadel

As it prepares to go public, Opendoor is bringing on a new hire from Citadel, Ken Griffin’s $32 billion...

Opendoor hires CIO from Ken Griffin’s Citadel
Eric Wu (Photo by Aaron Wojack)
Issue

This man wants to make your home a commodity

In Opendoor’s early days, employees knew what they were up against. And if they didn’t, Spencer Rascoff spelled it...

This man wants to make your home a commodity
Opendoor founder Keith Rabois, Opendoor CEO Eric Wu, and Social Capital CEO Chamath Palihapitiya (Getty; iStock; Resolute Ventures)

Opendoor is ready to go public. Is its balance sheet?

Five months ago, iBuying startup Opendoor was in survival mode: It paused home buying, laid off 35 percent of...

Opendoor is ready to go public. Is its balance sheet?
Eric Wu (left) and Chamath Palihapitiya (Getty, iStock)

Opendoor confirms $4.8 billion IPO

UPDATED: Sept. 15, 5:10 p.m.: iBuying startup Opendoor made its IPO plans official Tuesday, confirming a $4.8 billion deal with a blank-check company. The company’s merger with Chamath Palihapitiya’s Social Capital Hedosophia Holdings II...

Opendoor confirms $4.8 billion IPO
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