The biggest takeaway from this interview with Ian Wong, Co-founder and CTO of Opendoor is that the company is doing much more than just buying and selling homes. The level of technical infrastructure, logistical expertise, and management of a deployed workforce in markets around the country, makes the story of what Opendoor is and could potentially achieve all the more compelling.
I’ve been vocal about how Opendoor was the company that inspired me to pursue proptech in the past, I’ve invested in Opendoor, and personally believe this is one of the companies that may have a genuine chance at building a sustainable, innovative business in real estate on a large scale.
In this interview, we discuss the iBuyer business, power-buying, and some future plans of Opendoor. Ian is incredibly thoughtful and brings a lot more to this discussion than simply just doing Q&A. It’s a solid listen!
More about Ian Wong and Opendoor
Ian Wong is the co-founder and Chief Technology Officer of Opendoor, where he is responsible for the development of product and technology. Ian is building a team of engineers, data scientists, product managers and designers to modernize the real estate industry. He was previously pursuing his PhD in electrical engineering at Stanford when he left to join Square as their first data scientist.
Opendoor is a leading digital platform for residential real estate. With a mission to empower everyone with the freedom to move, Opendoor has reinvented one of life’s most important transactions with a new, radically simple way to buy and sell a home through an on-demand, digital experience.