The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 14 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Nejatian: Opendoor will not remain a solely asset-heavy company
“We will not choose to stay in a solely asset heavy world.”
Lemkin: Kaz Nejatian left over $270M behind at Shopify to join Opendoor
“You know, leaving two hundred million behind at Shopify and another 70 something million in grants and what he might still get, you could only do that if you're post-economic, right?”
Batchu: Opendoor was consistently profitable on every cohort of home purchases
“Our overall goal was to be, and we were consistently profitable on every cohort of homes that we were buying, so our goal was, even if they were, you know, outstripping us in volume, we would be able to survive for a long period of time because our, we were un…”
O'Driscoll: Planet Labs, Bloom, Opendoor, Oklo, and Seagate topped 2025 tech stocks
“Literally if you rank every stock in the U S and vaguely defined as tech and don't put a market cap filter, you know, a very small one cut out to on and below planet labs, bloom energy, open door, Oclo and Seagate top five performing stocks this year.”
Kaz Nejatian: Opendoor once held over 10% share in many markets
“Opendoor was above 10% in many markets it was selling homes in a couple years ago.”
Batchu: Opendoor never price-matched or negotiated with home sellers
“We never did a price match and we never negotiated on price with sellers of homes.”
Rabois: VC investments take 10 to 20 years to reach profitability
“Actually some have, you know, like I'm sure Opendoor actually is profitable, a firm will be profitable, but usually it's a 10 to 15, 20 year journey by the time that happens.”
Rabois: Opendoor will cover all US markets except possibly Bay Area
“So literally everywhere in the United States are going to be able to, you know, buy and sell homes through Opendoor except maybe the Bay Area.”
YouTube and PayPal founders helped build Opendoor's 2003 predecessor
“The logo for Home Run was designed by Chad Hurley as a side project. I got a decent part of the website was coded by Max Levchin.”
Brian Tolkin: Opendoor's variations of a mortgage product failed
“Opendoor's had different variations of, you know, a mortgage product that, that didn't succeed.”
Sri Batchu: Instacart was more complex than Opendoor as a four-sided marketplace
“Instacart was in some ways an even more complicated business than Opendoor because it's a four sided marketplace. We have shoppers, we have buyers, we have advertisers, and we have the retailers that are on the platform as well with various different incentive…”
Rabois: Opendoor negotiated its second funding round before launching
“So we wound up negotiating the second round pretty much before we actually launched the company.”