Opendoor Technologies Inc (NAS:OPEN)
$ 1.67 -0.04 (-2.34%) Market Cap: 1.22 Bil Enterprise Value: 2.88 Bil PE Ratio: 0 PB Ratio: 1.52 GF Score: 64/100

Opendoor Technologies Inc at Citi Global Technology Virtual Conference Transcript

Sep 14, 2021 / 08:20PM GMT
Release Date Price: $16.9 (-4.84%)
Keith Edelstein
Citigroup Inc., Research Division - Director of Institutional Equity Sales

Great. Thank you for joining us for the 2021 Citi Technology Conference. We're pleased to be joined here by the CEO, Eric Wu; and CFO, Cary Wheeler from Opendoor. They'll do a brief presentation, and then we will answer some questions at the end.

Eric, thank you so much for joining.

Eric Chung Wei Wu
Opendoor Technologies Inc. - Co-Founder, CEO & Chairman

Keith, thanks for having me. I was told to pause on this slide, so that we don't have to go back and read this off word for word. So memorize this, and I'll quiz it very (inaudible).

But I'm excited to be here. It's really a pleasure to present the company. My name is Eric Wu, as Keith mentioned, CEO and Co-Founder of Opendoor. I spent nearly 20 years at the intersection of technology and real estate and have been obsessed with simplifying the consumer experience in real estate.

In 2014, I founded Opendoor and invented this category called iBuying or Internet buying, which effectively

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