Look, it’s the late summer doldrums for real estate industry news and happenings. The most interesting thing going on right now is the hype machine driving Opendoor’s shares higher. .
I’ve done two podcasts now, the latest one here, and written a fairly lengthy post on Opendoor’s latest pivot. But events keep happening that draw my eye.
The latest is a Twitter post (X post?) from Anthony Pompliano, the crypto-finance influencer who has emerged as a major leader in what he calls the “retail movement” around Opendoor. He put up a Formal Submission of Ideas From OPEN Shareholders in two images.
I thought it fun—for me at least—to look at these suggestions from an industry perspective, knowing what I know about Opendoor, how the industry works, and questions and issues I have already raised.
I had Grok OCR the images to extract text; I think they’re accurate but I’m not actually going to spellcheck too exhaustively. This is not investment advice; this is analysis from an industry-knowledgeable perspective.
