Opendoor Investor Presentation Deck
Investment highlights
Massive, highly fragmented market
Residential real estate is the largest category, with only 1% online penetration
|
Superior consumer experience
We provide a simple and certain online solution as an alternative to the traditional, complex home selling process
1 Highly differentiated, purpose-built delivery platform
Our tools and technology allow us to more accurately underwrite homes, optimize our overall portfolio, and operate efficiently at scale
|
Proven playbook for expansion and a growing customer base
We've significantly grown our SAM and broadened our distribution channels, and a higher percentage of potential sellers are choosing our products
Investment highlights
Path to positive Adjusted Net Income
|
With $10B of steady state revenue, we have the potential to leverage operating expenses and generate positive Adjusted Net Income, a proxy for operating cash flow
35View entire presentation