Wu founded Opendoor in 2014 and served as the company’s chief executive officer until last year. He said in a statement that he’s leaving to…
Posts published in “Carrie Wheeler”
In total, the company cut 560 positions, according to a statement Opendoor provided to Inman. The cuts, which were announced internally Tuesday morning, primarily focused…
The dominant iBuyer lost nearly $400 million in the fourth quarter, according to an earnings call Thursday afternoon. That’s better than the previous quarter, but…
Opendoor faces a fight for survival after “an abrupt strategy pivot” sent Opendoor into 2023 “without a proven business model.” Here are the five biggest…