IPOB - Current Social Capital Hedosophia Holdings Corp II Price Values Opendoor Like A High Growth SaaS Company
- IPOB shareholders will own 6.6% of the post-transaction Opendoor company.
- The often-quoted $4.8B valuation is based on a $10 IPOB share price; at current prices the valuation is significantly hire.
- On a gross-profit basis, Opendoor is currently valued comparably to some of the most expensive SaaS companies.
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Current Social Capital Hedosophia Holdings Corp II Price Values Opendoor Like A High Growth SaaS Company