RDFN - Knock Knock. Who's There? Opendoor. Chamath Just SPAC'd The Amazon Of Housing
It’s hard to avoid SPACs. Everyone has one, Nikola (NKLA) is looking more and more like a fraud, and Chamath just launched three more. It’s easy to dismiss SPACs as a fad and the companies that they take public as immature, risky, and dangerous. But great companies can go public via SPAC, too, and they increasingly will. When we find one of those, it’s worth doing our homework, which is what today is all about. Knock Knock. Who’s There? Opendoor. Home is Where the Startups Aren’t Homes are emotional. Puja and I are having our first kid, a son, in less than a month. We spent this Saturday cleaning up my parents’ house and getting rid of old junk that we hadn’t used for years to make space for all of the new stuff the little guy will need whenever we come visit. As with any cleaning project, we started
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Knock Knock. Who's There? Opendoor. Chamath Just SPAC'd The Amazon Of Housing