Opendoor Hype Won’t Make Its Business Any More Viable
1. Opendoor's shares rose to $8 after a year below $1. 2. The company faced annual losses since its inception in 2014. 3. Leadership changes occurred due to pressure from individual investors. 4. Home-flipping economics are challenging and may not scale effectively. 5. Opendoor explores a less capital-intensive model for future growth.