What are folks thought on the potential of opendoor as a startup? Mainly interested in understanding the following:
1. Growth potential in terms of valuation
2. Quality of engineering
3. How is the leadership
A housing slowdown will have some impact, but precisely what that is isn't clear. If selling a house becomes harder the value proposition for Opendoor's model becomes stronger in many ways. It's critical to get pricing (and price trends) modeled correctly, and include a fee that represents the holding costs based on resale timing. Time will tell.