As Kelman’s soundbites spewed forth in that
60 Minutes expose “we feel like things that Amazon or eBay or Yahoo have done of other industries, we can do for the real estate industry,” and “the average agent processes eight deals a year. We have an agent that can do that every week,” are but two more examples the industry fumed.
Kelman has long been the friend of headline writers everywhere. He comes across as an “awe shucks” kind of guy, with a nice smile and decidedly nerd-like air. Underneath that lies a very bright mind, with a wide-sweeping vision.
A lot has changed since Kelman was under the
On Thursday, December 17, 2020, Social Capital Hedosophia (NYSE:IPOB) shareholders have approved the proposed merger with a San Francisco-based online real estate company, paving the way for Opendoor to become a public company.
Social Capital Hedosophia is a publicly traded SPAC (special purpose acquisition company) listed on the NYSE and backed by Virgin Galactic Chairman Chamath Palihapitiya.
Big News: $IPOB is merging with @Opendoor and will take them public. More than $1B is being invested to help Opendoor build a legacy company.
This is my next big 10x idea (memo attached).
Tune into @SquawkCNBC today at 8am ET to hear more.