Unpacking Opendoor’s S-4 Filing
GeekEstate
OCTOBER 16, 2020
In return, Opendoor receives a 6–12% discount on the market value of the home. This model is remarkably consistent with the vision described in Opendoor’s Series A presentation (worth a read). Opendoor has ambitious plans to reach nearly 38,000 annual home sales and $10 billion in revenue by 2023.
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