Another IPO - Opendoor
https://www.google.com/amp/s/techcrunch.com/2020/09/15/opendoor-to-go-public-by-way-of-chamath-palihapitiya-spac/amp/ Who is buying? TC:550K at the ipo valuation, could be less or more after the lockup period.#ipo
TechCrunch
What is the current valuation?
$4.8B
an enterprise value of $4.8 billion in the deal, including equity value of around $6.2 billion and around $1.5 billion in cash.
Seems like a steal if Zillow is at 20B+ market cap after copying Opendoor’s model 🤷🏻♂️
Any word on another round of lay-off? Or was what happened back in April it for the year?
No more layoffs. Seems like everyone wants to buy a house in the suburbs now. Business is growing than ever..
Let bunch of people go, so they don’t want to exercise their stocks and then announce IPO. Genius
They played their own by firing a lot of employees earlier this year. I might buy their stocks, but I won’t work here. I did not do their interview when I realized they just fired a bunch of people right before IPO.
Dang, wish I didn’t fuck up my opendoor interview a few years ago
You can try again a year later
True that, was mostly referring to the fact that the options given to me back then would be worth a lot more now.