Tag Archives: eric wu

Opendoor lays off 35% of its staff

By Patrick Kearns | April 15, 2020 - 5:54 pm |April 15, 2020 Uncategorized

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Approximately 600 employees being laid off will reportedly get 16 weeks of benefits coverage and eight weeks of severance pay, Opendoor confirmed. Continue reading →

Opendoor temporarily suspends homebuying, citing safety concerns

By Patrick Kearns | March 19, 2020 - 12:58 am |March 19, 2020 Uncategorized

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A spokesperson for the iBuyer said the company’s priority is “the safety and well-being of our customers, employees and the general public.” Continue reading →

Move over Phoenix, Los Angeles is latest battleground for real estate tech

By Jim Dalrymple II | December 13, 2019 - 1:51 pm |December 13, 2019 Uncategorized

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Years ago it was hard to imagine iBuyers ever making headway in a city with older and more expensive homes. But this year Opendoor, Zillow and others went all in on L.A. Continue reading →

Oliver Space, a furnishing rental startup backed by Opendoor’s CEO, nabs $7M

By Teke Wiggin | October 30, 2019 - 4:01 pm |October 30, 2019 Uncategorized

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Oliver Space aims to help people avoid the time and upfront costs of trips to retailers. Continue reading →

Inman News quiz: Think you’re on top of the week’s biggest stories?

By Jotham ​Sederstrom | October 18, 2019 - 9:00 am |October 18, 2019 Uncategorized

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The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading →

Opendoor CEO shares his vision for real estate agents

By Teke Wiggin | October 16, 2019 - 4:22 pm |October 16, 2019 Uncategorized

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Opendoor CEO Eric Wu said he thinks the role of agents will change significantly — while musing that “it’s good to be hated” by some agents. Continue reading →

Compass and Opendoor CEOs won’t attend controversial Saudi tech conference this month

By Patrick Kearns | October 15, 2019 - 4:56 pm |October 15, 2019 Uncategorized

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Compass CEO Robert Reffkin wasn’t invited. Opendoor CEO Eric Wu was, but won’t attend this year’s Future Investment Initiative event. Continue reading →

Opendoor appoints new batch of executives, board members

By Jim Dalrymple II | October 14, 2019 - 6:03 pm |October 14, 2019 Uncategorized

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The new leaders — none of whom have backgrounds in real estate — have previous experience working at Amazon, Netflix, Hulu and in the venture capital industry. Continue reading →

IBuying giant Opendoor acquires title and escrow company

By Jim Dalrymple II | September 5, 2019 - 3:45 pm |September 5, 2019 Uncategorized

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Opendoor believes that by acquiring OS National it will be able to provide consumers the “most streamlined and easiest closing experience.” Continue reading →

The real estate wonderkids

By Brad Inman | August 15, 2019 - 3:17 pm |August 15, 2019 Uncategorized

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The fixer, master, money man, tortoise and inventor. Continue reading →