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Tobi Lütke

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  1. Sourcery with Molly O'Shea59 min

    Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian

    Kaz Nejatian, Molly O'Shea, Tobi Lütke, Keith Rabois, Max Weber

    CEO Kaz has fundamentally restructured OpenDoor by slashing external spending, enforcing a return to in-office work, and automating property assessments with AI to shift the company from a legacy real estate model to a high-efficiency technical entity. Operating with a $1 annual salary and an intensely hands-on board, Kaz is prioritizing long-term execution over short-term stock performance while replacing standard management with Y Combinator founders to instill a rigorous "founder mentality." This aggressive turnaround aims to stabilize the balance sheet and revolutionize the broken housing market, accepting significant short-term attrition to build a sustainable, high-alpha business.

Tobi Lütke: Interviews, Talks and Panel Discussions