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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

Chip Selloff, SpaceX, and Apple’s $5 Trillion Milestone | Bloomberg Tech 7/28/2026

Bloomberg’s Ed Ludlow breaks down the selloff in chip stocks dragging the Nasdaq 100 near correction territory, after signs of progress in China’s chipmaking add to worries about the sustainability of the AI spending boom. Plus, SpaceX shares erase a fifth of their value since the record-setting debut of Musk’s company, as investors start to…

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Bloomberg’s Ed Ludlow breaks down the selloff in chip stocks dragging the Nasdaq 100 near correction territory, after signs of progress in China’s chipmaking add to worries about the sustainability of the AI spending boom. Plus, SpaceX shares erase a fifth of their value since the record-setting debut of Musk’s company, as investors start to avoid riskier tech firms. And, Apple briefly becomes just the second company ever to achieve a $5 trillion market valuation.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:45 – Bloomberg’s Peter Elstrom on China’s Chip Advances
00:03:56 – Bloomberg’s Bailey Lipschultz on SpaceX’s Post-IPO Slide
00:07:21 – Shanti Kelemen, 7IM Co-Chief Investment Officer
00:12:57 – Bloomberg’s Michael Shepard on Tech Leaders Warning Against US Ban on Open-Weight AI
00:16:28 – Hayete Gallot, Microsoft Security Executive Vice President
00:19:41 – Talking Tech
00:20:36 – Bloomberg’s Kurt Wagner on Meta and BlackRock’s Plan to Build $14B Data Center
00:23:51 – Bloomberg’s Ryan Vlastelica on Chip Selloff, AI Spending Concerns
00:26:55 – Bloomberg Intelligence’s George Ferguson Discusses SpaceX’s Post-IPO Slide
00:29:41 – Bloomberg’s Dana Wollman on Apple’s Newest Smart Home Products
00:31:42 – Cathy Gao, Sapphire Ventures Partner
00:41:47 – Bloomberg’s Brody Ford on AI’s Decimation of Call Center Jobs
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Bloomberg Technology

Apple’s Big Smart Home Push, With Siri AI Front and Center

Apple is preparing a new push into the smart home market with fresh devices and software, including a hub device built around the new Siri AI assistant, according to sources. Bloomberg’s Dana Wollman joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Apple is preparing a new push into the smart home market with fresh devices and software, including a hub device built around the new Siri AI assistant, according to sources. Bloomberg’s Dana Wollman joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Open-Weight Backers Stand to Profit, Says Sapphire Ventures

As venture investors look for the next wave of value creation, Sapphire Ventures partner Cathy Gao says the answer isn’t another foundation model, it’s AI built for industries like healthcare, real estate, and legal services. Gao also explains why she isn’t surprised by a letter from Nvidia, Microsoft and others supporting open-weight models. She joins…

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As venture investors look for the next wave of value creation, Sapphire Ventures partner Cathy Gao says the answer isn’t another foundation model, it’s AI built for industries like healthcare, real estate, and legal services. Gao also explains why she isn’t surprised by a letter from Nvidia, Microsoft and others supporting open-weight models. She joins Ed Ludlow on “Bloomberg Tech.”
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Like this video? Subscribe to Bloomberg Technology on YouTube:

 
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