MvsterPoof

@Davo0820 @MMTLP4ME88 @rabois Yes. In spring 2025, my plan was to leverage my entire net worth to take Opendoor private.

8 months ago, I said $OPEN could go to $82 by 2028. I now think I may have been too conservative. Not because the housing market got easier. Because the operator changed. Kaz took over in September. Since then, Opendoor's weekly acquisitions have gone from roughly 131 homes/week to 442/week — you can track it yourself at accountable.opendoor.com. That's 3.4x in 5 months. And this is happening before the seasonal peak. That's the first thing. The second thing is headcount. Opendoor is down roughly 40% from prior levels. If Kaz gets anywhere close to the kind of lean operating model Keith Rabois has talked about, Wall Street is nowhere near modeling the operating leverage. The third thing is the mortgage. This is the part people still don't get. At Carvana, the car was never the whole business. The financial products were. Same idea here. The home is the distribution channel. Mortgage, title, insurance, and the closing stack are where this gets much bigger. That's why the new 4.99% mortgage beta matters. The skeptics will say iBuying loses money, a subsidized mortgage will lose money, and a faster pace just means they go bankrupt sooner. Kaz heard the same thing at Shopify when he built Shop Pay Installments from zero to one of the largest installment products on the internet in a year. He tweeted last week that he remembers "all the people who were very confident it could not be done." The old debate was whether iBuying works. The better question now is whether Opendoor is quietly becoming a housing-fintech platform. That's a very different multiple. My original $82 target used Bloomberg's FY2028 revenue consensus. Wall Street currently has $4.2B for FY2026. The acquisition pace implies nearly double that. If the pace is real, and if Kaz's Shopify playbook translates faster than expected, that timeline may be pulling forward. That's what I'm watching now.

This sounds more than familiar. $PLTR somehow kept its name out of this story. OpenAI describes Frontier as a “semantic layer for the enterprise”—a unified platform that lets AI agents navigate business software, execute workflows, and make decisions across an organization’s entire technology stack, such CRM systems, HR platforms, and internal ticketing tools. Early enterprise customers include Intuit, State Farm, Thermo Fisher, and Uber. Meanwhile OpenAI says its own “forward deployed engineers” will work alongside the teams from the consultancies in client engagements. Under these new partnerships, which OpenAI has deemed Frontier Alliances, each consulting firm is investing in dedicated practice groups and building teams certified on OpenAI technology. The consultants will help heir clients redesign workflows; integrate AI agents with software tools and systems; help clients with change management; and provide industry-specific expertise OpenAI doesn’t have, Frontier, which OpenAI debuted earlier this month, is a system that allows businesses and organizations to build, deploy, supervise, and govern AI agents .fortune.com/2026/02/23/ope…