Xiaoya Chen commented on a stock · Dec 19, 2025 04:50

📌 For long-term holders — this is worth remembering

With the stock down and sentiment shaky, it’s easy to focus on price and noise.
But these two screenshots tell a deeper story about why Kaz Nejatian chose Opendoor.

Glen Coates — now Head of App Platform at OpenAI — publicly thanked Kaz for “literally saving Shopify in 2023.”
That’s not hype. That’s a first-hand acknowledgment from someone who worked alongside him.

At the same time, Kaz turned down multiple top-tier offers, including OpenAI.

Why?

Because for nearly a year, he kept discussing Opendoor with Keith Rabois —modeling scenarios, running numbers, and even considering buying the company himself,
convinced that $OPEN was massively undervalued.

That matters.

This isn’t a CEO who took a job for comfort or optics.
This is someone who looked at Opendoor from an owner’s and operator’s perspective,
after studying the data, the structure, and the long-term potential —and then chose to step in and rebuild.

Markets move in cycles. Prices fluctuate.
But decisions like this are rarely made for one quarter.

Sometimes the most important signals aren’t in the chart —they’re in who chooses to commit, and why.

(Not financial advice)

#Opendoor #OPEN #LongTerm #Conviction #Leadership #StayTheCourse