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OpenDoor CFO on Earnings, Zillow Debacle

OpenDoor CFO Carrie Wheeler joins Emily Chang on the heels of their positive third quarter earnings results, how it managed to avoid Zillow’s fate and buy more than 15,000 homes in this quarter – a 79% increase from the previous quarter. Also, how supply chain issues are affecting their business, and her thoughts on iBuying.…

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OpenDoor CFO Carrie Wheeler joins Emily Chang on the heels of their positive third quarter earnings results, how it managed to avoid Zillow’s fate and buy more than 15,000 homes in this quarter – a 79% increase from the previous quarter. Also, how supply chain issues are affecting their business, and her thoughts on iBuying.
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11 Comments

11 Comments

  1. 라율

    November 13, 2021 at 5:15 am

    wow

  2. Justin H

    November 13, 2021 at 6:18 pm

    This is pretty sus to me… she completely ignores the question of “what did Zillow do wrong?”

    • Beetle Juice

      November 13, 2021 at 7:44 pm

      Why is she required to answer? She doesn’t work for Zillow so who knows who or what is responsible for their collapse.

    • Justin H

      November 13, 2021 at 7:57 pm

      ​@Beetle Juice I guess she’s not but you’d think she’d want to differentiate themselves in someway and nothing she said did that for me.

    • James Martin

      November 14, 2021 at 5:52 am

      First off, as a CFO, if she speaks to the inner workings of another company without proper evidence and makes false claims, Open Door can be sued for libel. It makes zero sense for her to speak on another company. Come on man. Grow up.

  3. Garcia Bouie-Sells

    November 14, 2021 at 1:09 am

    They will fail also…

  4. leeryc

    November 14, 2021 at 8:18 am

    Yeah she given theranos vibes I’d go long puts

    • James Martin

      November 14, 2021 at 8:35 pm

      lol Open Door released a transparent ER report that is regulated by the SEC. What are you talking about? Theranos never even released a product. Moron.

    • leeryc

      November 14, 2021 at 8:41 pm

      @James Martin keyword “vibes” I’m worth 7.6 million, I’m Nigerian, my private parts are as big as my Tesla and my family is responsible for saving countless lives in during the pandemic in Houston. Don’t show your insecurities through your weak comprehension of simple English. You should go find someone besides your mom to genuinely love you.

    • James Martin

      November 15, 2021 at 12:21 am

      @leeryc Look how triggered you got off a simple youtube comment. You don’t have the emotional backbone for the stock market. Leave while you still have 10 grand in your account.

    • leeryc

      November 15, 2021 at 12:36 am

      @James Martin I simply responded to you calling me a moron.

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Bloomberg Technology

Musk’s Boring Co. Gets $23 Billion Valuation

Elon Musk’s Boring Co. secured $3 billion in fresh investment backed by the United Arab Emirates and affiliated entities, in a funding round valuing Elon Musk’s tunneling startup at $23 billion. Bloomberg’s Kiel Porter has the details and joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:  …

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Elon Musk’s Boring Co. secured $3 billion in fresh investment backed by the United Arab Emirates and affiliated entities, in a funding round valuing Elon Musk’s tunneling startup at $23 billion. Bloomberg’s Kiel Porter has the details and joins Ed Ludlow on “Bloomberg Tech.”
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BofA: Apple’s Ternus Era Starts With Innovation, AI

Bank of America says John Ternus’s first major product launch as Apple CEO reinforced the company’s focus on product innovation, privacy and increasingly personalized AI. Wamsi Mohan, managing director and senior equity research analyst at Bank of America sees the new foldable iPhone Duo expanding Apple’s addressable market, while on-device AI and Private Cloud Compute…

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Bank of America says John Ternus’s first major product launch as Apple CEO reinforced the company’s focus on product innovation, privacy and increasingly personalized AI. Wamsi Mohan, managing director and senior equity research analyst at Bank of America sees the new foldable iPhone Duo expanding Apple’s addressable market, while on-device AI and Private Cloud Compute could make Siri more capable without sacrificing user privacy. He joins Ed Ludlow on “Bloomberg Tech.”Bank of America says John Ternus’s first major product launch as Apple CEO reinforced the company’s focus on product innovation, privacy and increasingly personalized AI. Wamsi Mohan, managing director and senior equity research analyst at Bank of America sees the new foldable iPhone Duo expanding Apple’s addressable market, while on-device AI and Private Cloud Compute could make Siri more capable without sacrificing user privacy. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Everything You Need to Know About Apple’s iPhone Duo

Bloomberg’s Ed Ludlow discusses Apple’s iPhone Duo with Bloomberg’s Mark Gurman, from its anticipated reception with consumers to what it means for Apple’s new era under CEO John Ternus. Plus, the AI chip race is moving to inference. And, Elon Musk’s Boring Co. reaches a $23 billion valuation. 00:00:00 – Bloomberg Tech Begins 00:01:05 –…

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Bloomberg’s Ed Ludlow discusses Apple’s iPhone Duo with Bloomberg’s Mark Gurman, from its anticipated reception with consumers to what it means for Apple’s new era under CEO John Ternus. Plus, the AI chip race is moving to inference. And, Elon Musk’s Boring Co. reaches a $23 billion valuation.

00:00:00 – Bloomberg Tech Begins
00:01:05 – Mark Gurman, Bloomberg News
00:06:30 – Saira Mailk, Nuveen
00:13:03 – Peter Elstrom, Bloomberg News
00:15:02 – Sid Sheth, D-Matrix
00:23:02 – Anurag Rana, Bloomberg Intelligence
00:26:04 – Wamsi Mohan, BofA Securities
00:33:48 – Mitesh Agrawal, Positron
00:41:34 – Kiel Porter, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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