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Mr Never Sell

@MrNeverSell • 2,218 subscribers

Stock picker (ex-trader) with 18 years of market experience. Trying to buy excellent companies to hold forever. No financial advice. DYODD. Biggest pos: $OPEN

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$OPEN will soon announce a new partnership with another large real estate portal

$OPEN will soon announce a new partnership with another large real estate portal

54,895 Aufrufe

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Kaz Najatian, CEO of $OPEN, earlier today: "The day I joined Shopify it was the most shorted stock on Wall Street. I literally remember people saying Shopify would go out of business. And, inside the company I was looking at the company and said to myself: these people are smoking! And I am inside $OPEN now, and if you had told me 12 months ago, that this is where we will be today, I would have said heck yes let's do this, because we are making really good progress!"

Kaz Najatian, CEO of $OPEN, earlier today: "The day I joined Shopify it was the most shorted stock on Wall Street. I literally remember people saying Shopify would go out of business. And, inside the company I was looking at the company and said to myself: these people are smoking! And I am inside $OPEN now, and if you had told me 12 months ago, that this is where we will be today, I would have said heck yes let's do this, because we are making really good progress!"

46,330 Aufrufe • vor 1 Monat

This is exactly how $OPEN makes and will make serious money.

This is exactly how $OPEN makes and will make serious money.

16,733 Aufrufe • vor 3 Monaten

There will never be any more dilution in $OPEN.

There will never be any more dilution in $OPEN.

22,592 Aufrufe • vor 6 Monaten

This is by far my favourite minute of the $OPEN house. For anyone who doesn't understand what $OPEN wants to do, the CEO gives you a tell right here. This is happening in real time right now. This man is a genius. Basically $OPEN wants to own everything when it comes to buying and selling a home, the whole chain. As he says in the clip: "The buying, the selling, the mortgage and the insurance." So they can offer a seller a price he or she can't refuse (given perks like speed, certainty, and other soft attributes a traditional broker just cannot guarantee). They can offer the buyer a fair price, with the same perks. Speed, simplicity, certainty. Their AI mortgage gives the buyer the best price on the market and hooks the buyer for life. And then insurance on top of that. And there you go! A loyal and happy customer for life. As Kaz explains further. The easier this process becomes, the easier it is to move, more demand will be created. Thus more customers. And the loop continues. Now tell me, what company can compete with $OPEN when this is done? (and it is happening right now). Just the moat of $OPEN will be worth an insane amount of money.

This is by far my favourite minute of the $OPEN house. For anyone who doesn't understand what $OPEN wants to do, the CEO gives you a tell right here. This is happening in real time right now. This man is a genius. Basically $OPEN wants to own everything when it comes to buying and selling a home, the whole chain. As he says in the clip: "The buying, the selling, the mortgage and the insurance." So they can offer a seller a price he or she can't refuse (given perks like speed, certainty, and other soft attributes a traditional broker just cannot guarantee). They can offer the buyer a fair price, with the same perks. Speed, simplicity, certainty. Their AI mortgage gives the buyer the best price on the market and hooks the buyer for life. And then insurance on top of that. And there you go! A loyal and happy customer for life. As Kaz explains further. The easier this process becomes, the easier it is to move, more demand will be created. Thus more customers. And the loop continues. Now tell me, what company can compete with $OPEN when this is done? (and it is happening right now). Just the moat of $OPEN will be worth an insane amount of money.

15,672 Aufrufe • vor 6 Monaten

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