A company built on using tech to make real estate less painful, Nejatian has got the product vision from Shopify, the big-tech experience from Meta, and even some startup grit from founding the fintech Kash. In short, he’s the kind of leader who knows how to take a platform and scale it, and Wall Street wasted no time cheering the hire.
In recent months, Opendoor has been emphasizing its use of AI more openly, and today’s announcement cast Nejatian as the right person to lead in what it called the “AI era.” That framing resonated with investors hungry for a bigger strategic pivot, even as the company’s core services remain centered on Cash Offer, Key Connections, and Cash Plus.
Some guy named Peter Thiel is involved.
Opendoor is up 38% overnight tonight.
Posted by Lerko911