Fat Baby Funds's avatar
$39.4m follower assets
I can’t get over this $OPEN business model. Simultaneously genius and stupid.

It’s like iBuying, but even worse due to adverse selection. BUT it’s got that sweet middle man money on the marketplace.
Nathan Worden's avatar
THIS. I have been convinced by both sides at various times. Currently am not a shareholder, but did lose money on a small position in OPEN this year. 😑 My own falut.
Fat Baby Funds's avatar
@nathanworden it’s fascinating. My brain hurts lol.
Jensen Butler's avatar
@nathanworden me as well, with $RDFN. I relate heavy back and forth with both sides. I’ve held simply bc of small position size and just let it run…..down 90% lol
Nathan Worden's avatar
@jensen Yeah Redfin same, been absolutely pummeled.
Dissecting the Markets's avatar
It's like they're a home flipper that's also trying to create their own isolated real estate marketplace.