Kaz Nejatian

26 statements across 3 episodes · 9 bullish · 3 bearish · 2 people on the record · first statement Sep 15, 2025 by Keith Rabois · said 17 times in 3 episodes since 2025 · across every show →

On the record as a speaker too: Kaz Nejatian's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Keith Rabois (13), Molly O'Shea (4)

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Everything said about Kaz Nejatian, oldest first

Sep 15, 2025 positive
Assertion Partly supported
Rabois: Kaz Nejatian cut Shopify's G&A from 14% to 4%
“One of the things he did at Shopify when he got promoted to be COO was cut their GNA as a fraction of revenue from 14% to four percent, and I think they're on target next year to be at one percent.”
Keith Rabois Sep 15, 2025 ▶ 4:28 Keith Rabois on Opendoor ($OPEN) Activist Turnaround · Sourcery with Molly O'Shea
Feb 24, 2026 positive
Insight
Kaz Nejatian: Applying zero discount rate to future growth maximizes compounding
“Toby had this very wonderful mentality of applying essentially a zero discount rate. To future growth. It was just like, it's like, cool growth tomorrow or growth today. I'm indifferent. I will never sacrifice growth tomorrow for growth today. And if you do th…”
Kaz Nejatian Feb 24, 2026 ▶ 52:31 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 neutral
Disclosure
Opendoor's beta mortgage product support calls route directly to Nejatian's cell phone
“If you call the phone number that appears on the page, it'll go to my cell phone.”
Kaz Nejatian Feb 24, 2026 ▶ 54:03 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026
Insight
Nejatian: Real culture comes from doing hard things together in person
“The best thing for culture is doing hard things together in person.”
Kaz Nejatian Feb 24, 2026 ▶ 27:06 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 neutral
Disclosure
Nejatian: Tested Shopify conference room whiteboard markers to enforce detail standards
“When I was at Shopify, one of the things I used to do is, like walk into conference rooms and test the markers, the whiteboard markers. And like, anytime there was one that wasn't working, I would send a message to our facilities and, Hey, like, because I thou…”
Kaz Nejatian Feb 24, 2026 ▶ 56:50 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026
Insight
Nejatian: Speed compresses mistake timelines rather than increasing total errors
“Literally all companies are a collective effort to learn. And if we learn faster, we do more. So all this, all that matters, right? Like now, like if we do things faster, we'll also be wrong more frequently, but we would have been wrong that frequently just ov…”
Kaz Nejatian Feb 24, 2026 ▶ 43:07 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026
Disclosure
Nejatian takes a $1 salary and pays out-of-pocket for his benefits
“I get paid a salary of a dollar, but I have to pay for my benefits. So I paid a company, like, I pay open door money to work here.”
Kaz Nejatian Feb 24, 2026 ▶ 10:42 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 positive
Assertion Not checkable as stated
Opendoor has hired more YC founders than any other company under Nejatian
“If you look around, we have hired more YC founders into Opendoor since I started in any company.”
Kaz Nejatian Feb 24, 2026 ▶ 25:01 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 negative
Opinion
Nejatian: Opendoor lacked real culture because professional managers let it atrophy
“I don't think Open Door had much of a culture. Transparently, I think what happens to companies when they're run by, like, professional managers is, like, culture atrophies.”
Kaz Nejatian Feb 24, 2026 ▶ 25:56 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 bearish
Opinion
Nejatian says PayPal is struggling today because it prioritized short-term metrics
“And the result of that, by the way, very objectively is PayPal. Like over and over again, that company made all the wrong decisions because they cared more about today than 10 years from now. And guess what? It is now 10 years from now, and the company's in de…”
Kaz Nejatian Feb 24, 2026 ▶ 52:10 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026
Insight
Kaz: Working for money lowers pain tolerance compared to believing in a cause
“I find that if you do something for money, the half-life of your ability to put up with pain is very low, right? Everyone, everyone intuitively understands this, right? Like that's just like a very real thing. But if you do something because you believe in the…”
Kaz Nejatian Feb 24, 2026 ▶ 9:36 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 neutral
Disclosure
Nejatian: Opendoor's career page is designed to repel 99% of applicants
“My job is to actually describe the type of place this is, and lots of people will not want to work here. In fact, less than one in a hundred people will ever want to work here. That's fine. Like we have a very high bar, like our career page tries to do a very …”
Kaz Nejatian Feb 24, 2026 ▶ 29:17 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026
Assertion Contradicted
Nejatian: Short sellers predicted Shopify would go bankrupt within 12 months in 2019
“Cause like back then Shopify was very broadly shorted. Like the day I joined, there was a short solid report that came out calling, saying Shopify would go bankrupt in 12 months.”
Kaz Nejatian Feb 24, 2026 ▶ 3:06 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 neutral
Disclosure
Opendoor saw double-digit attrition after Nejatian instituted a seven-day RTO mandate
“On my first day at Opendoor, I said, hey, we're going back to the office. Everyone has seven days. And so a bunch of our colleagues decided not to join us on that journey and left the company because they didn't want to work for an in-person company. And we wi…”
Kaz Nejatian Feb 24, 2026 ▶ 24:38 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 positive
Insight
Nejatian: Product critiques should attack the work, never the creator
“I try very hard To criticize things, not the people who created those things. I think it's kind of useless to hold your past self guilty. So if you see me in a product review, I frequently say this fucking sucks. I very rarely say you fucking suck. Like the wo…”
Kaz Nejatian Feb 24, 2026 ▶ 30:12 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 positive
Assertion Not checkable as stated
Nejatian says Opendoor's balance sheet was a ticking time bomb upon joining
“When I got here, the company, the company's balance sheet had like a ticking time bomb on it. Like it wasn't obvious how the company was going to survive that ticking time bomb. Now, luckily we've cleaned it up. The balance sheet is incredibly healthy, but for…”
Kaz Nejatian Feb 24, 2026 ▶ 47:47 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026
Insight
Nejatian: Waiting does not reduce risk in business decision-making
“I also think that like people misprice risk in their head and they think waiting reduces risk. And in my experience, it just fucking doesn't. Like, it doesn't, right? All it does is take time away from time you could be spending doing other things.”
Kaz Nejatian Feb 24, 2026 ▶ 42:15 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 bullish
Disclosure
Nejatian proposed to Keith Rabois taking Opendoor private together to fix it
“My wife's plan, literally, genuinely, honestly, was that we would, like, sell everything we owned, leverage ourselves as much as we could to take Opendoor private, so we could fix it. So I called Keith back in, I think, April, and he was, hey man, I'm thinking…”
Kaz Nejatian Feb 24, 2026 ▶ 5:58 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 bullish
Opinion
Kaz Nejatian: Palantir and Shopify stand apart from all other SaaS companies
“I think there's like two SaaS companies that stand differently than the rest. It's like Palantir and Shopify. There was up to two. I think it's partially because they do things that are just so different than every other company.”
Kaz Nejatian Feb 24, 2026 ▶ 53:12 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 neutral
Insight
Running a public company is only harder because of negative press scrutiny
“There's one way in which running a public company is harder than running a private company. Like, one real way. And that is, people will write things about you in newspapers. So if you care about what the Wall Street Journal writes about you, running a public …”
Kaz Nejatian Feb 24, 2026 ▶ 7:25 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 neutral
Disclosure
Opendoor's press email auto-replies telling journalists to DM Kaz Nejatian on X
“There's no, like, we don't have a PR department. Like, if you email press at opendoor.com, get an email back saying, we don't have a PR department. If you want to talk to someone, DM Kaz on X.”
Kaz Nejatian Feb 24, 2026 ▶ 35:26 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026 neutral
Assertion Not checkable as stated
All Opendoor product managers are individual contributors reporting directly to Nejatian
“All the product managers at Opendoor report directly to me. They're all ICs, they all report to me.”
Kaz Nejatian Feb 24, 2026 ▶ 54:15 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 24, 2026
Assertion Partly supported
Nejatian mandated a one-week return-to-office despite Opendoor lacking physical office space
“I showed up on a Monday, my first Monday at work and I said, Hey everyone, by next Monday, we're back in offices. At that point, we didn't have offices. Like we didn't know where people were gonna go. So we had to like the team had to go sign leases, open up o…”
Kaz Nejatian Feb 24, 2026 ▶ 48:23 Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea
Feb 25, 2026 bullish
Opinion
Nejatian is highly bullish on Tailwind CSS for frontend development
“I am very bullish on Tailwind. Like Carly, I'm very bullish, like, I watch YouTube videos at night of people building websites with Tailwind. I'm very bullish on it.”
Kaz Nejatian Feb 25, 2026 ▶ 22:40 Inside Opendoor HQ on Earnings Day (Office Tour + Live Stream) · Sourcery with Molly O'Shea
Feb 25, 2026 negative
Opinion
Nejatian: Modern companies become too meek and afraid of themselves
“You know, I think, look I think the very real thing that happens is that, like, modern companies become, like, very, like, meek. They're afraid of themselves.”
Kaz Nejatian Feb 25, 2026 ▶ 4:42 Inside Opendoor HQ on Earnings Day (Office Tour + Live Stream) · Sourcery with Molly O'Shea
Feb 25, 2026 positive
Assertion Not checkable as stated
Nejatian: Opendoor Built and Launched Mortgage Product in 10 Weeks
“It took us 10 weeks. What was the first line of code? January fifth. January fifth till February, whatever the fuck date today is.”
Kaz Nejatian Feb 25, 2026 ▶ 31:51 Inside Opendoor HQ on Earnings Day (Office Tour + Live Stream) · Sourcery with Molly O'Shea
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