Opendoor paid a consulting firm $5M to advise cutting quality across operations
Kaz Nejatian · Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea · Feb 24, 2026 · at 18:00
Kaz Nejatian, CEO of Opendoor, recounts auditing the company's largest corporate expenses prior to his restructuring efforts.
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“The single largest expense on our income statement was millions of dollars paid to a well-known consulting firm whose advice can be approximated as the following. We paid him five million dollars for this. This voice was basically the following tweet. Do everything worse, but cheaper.”
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