Opendoor

Gene and Doug conclude the recent significant Zillow & Opendoor sell-off was in part triggered by margin concerns, and why Loup continues to be a long-term believer in iBuying, and remains invested in the companies.

Gene, Doug and Will talk about why Zillow and Opendoor are well-positioned to capitalize on the next massive market transformation: iBuying. Loup is an investor in Zillow and Opendoor.

Residential real estate represents one of the largest markets that is virtually untouched by technology today. There are about 140M homes in the US, with a combined value of $33.6T. Each year there are roughly 5.4M residential real estate transactions, triggering…