Nejatian proposed to Keith Rabois taking Opendoor private together to fix it
Kaz Nejatian · Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian · Sourcery with Molly O'Shea · Feb 24, 2026 · at 5:58
Kaz Nejatian, CEO of Opendoor, describes the origins of his involvement with Opendoor when its market capitalization fell to several hundred million dollars.
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“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 of doing this will you do it with me?”
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