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Opendoor stuck the landing with impressive Q2 numbers and revised guidance. Most impressively, Opendoor shared visibility to more than $10 billion in revenue over the next 12 months.
Despite incredible numbers, the market's misunderstanding of Opendoor resulted in almost a 60% decline from all-time highs.
I believe this misunderstanding represents a generational investment opportunity. I discuss the business, possible M&A, competitors, and the reason Opendoor will win.