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Proptech firm Opendoor lays off 550 employees amid challenging market
Proptech platform Opendoor has laid off nearly 550 employees, or 18 percent of its workforce, as th…
The quant who left Citadel for Opendoor
Meet Daniel Morillo, the quant trader who ditched a lucrative career on Wall Street to be the CIO a…
Aaron Weinman
We're Opendoor execs who took paternity leave. It didn't just improve our personal lives it made us better leaders.
CTO Ian Wong and VP of engineering Mark Kinsella say leading by example sends a message that employ…
Ian Wong and Mark Kinsella
Chamath Palihapitiya's 4 blockbuster SPAC mergers have tumbled 32% this year as investors ditch flashy growth stocks
Clover Health has plunged 76% in 2021, and Virgin Galactic is down 36%, in a tough year for billion…
Harry Robertson
3 signs you may be able to snag your dream home at a lower price, according to Opendoor's head of real estate
Kerry Melcher suggests keeping an eye on newer listings with a better price per square foot as well…
Kerry Melcher
Opendoor says it will cut 550 employees as the $1.5 billion home-flipping company struggles to turn a profit
The firm is coping with a cool housing market by slashing prices, offering concessions to homebuyer…
Daniel Geiger
Layoffs are crushing the real-estate industry, and Redfin and Opendoor are the latest victims. Here are 44 companies that have shed jobs due to the fast-cooling housing market.
The aggressive interest-rate hikes by the Federal Reserve and a looming recession have resulted in …
Alex Nicoll,Robert Davis
The FTC just slapped Opendoor with a $62 million fine for 'misleading' customers about the true costs of its home-buying business
The FTC says that Opendoor told customers they would make more money by selling to it instead of to…
Alex Nicoll
Social Capital SPAC surges 25% after it confirms tie-up with Opendoor, Chamath Palihapitiya calls it his 'next big 10x idea'
"This is my next big 10x idea," Social Capital CEO Chamath Palihapitiya said in a tweet about the d…
Matthew Fox
Social Capital SPAC led by billionaire investor Chamath Palihapitiya in advanced talks to merge with Opendoor, report says
Opendoor, a San Francisco-based firm, directly buys homes from sellers, makes minor repairs, and th…
Matthew Fox
SoftBank-backed iBuyer Opendoor just slashed 35% of staff after the coronavirus forced the startup to halt its home-flipping operations
"Given the shelter-in-place guidelines, we've seen declines in the number of people buying, selling…
Alex Nicoll
Opendoor and Lime-backer Fifth Wall just raised $500 million in new funding to invest in real estate tech
Proptech encompasses a diverse range of businesses that marry real estate and tech, including so-ca…
Alex Nicoll
I'm the chief people officer at Opendoor and a mother. Here are the 5 questions I'm asking parents at my company to support them through remote work.
"How are you doing balancing work with additional at-home responsibilities?" is one important quest…
Erica Galos Alioto
Zillow just paused its iBuyer business to preserve capital as the coronavirus slows deals, joining SoftBank-backed Opendoor and other competitors that have halted home-flipping
"Our top priority is ensuring the safety and health of our employees, customers, and partners. Give…
Alex Nicoll
Starbucks' new open-door bathroom policy signals a dramatic shift in American middle-class values
Starbucks' response speaks to the often-competing desires of the American middle class. The coffee …
Kate Taylor
Merkel is shutting the door on Germany's 'open-door' refugee policy
Deutsche Bank highlighted in a report to clients how each country takes in a vastly different propo…
Lianna Brinded,Reuters
I make $140,000 working in plumbing. The trades allow me to support my family in an expensive city.
Joseph Ahrens became a plumber after watching his brother buy a house and a truck in his 20s. Now h…
Elle Hardy
CEOs admit their company culture sucks
In a recent survey, 52% of CEOs said their workplace culture was toxic, notably higher than the num…
Tim Paradis
Why fall and winter are the new hot seasons for buying a house
Buyers are placing less emphasis on timing their purchases as higher housing costs drive them to ac…