Inside Kaz Nejatian’s Fight to Save Opendoor

Jul 21, 2026 · 55 min · YouTube

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asr · 8,876 words · docs
0:00You need to figure out which defaults are killing the company and change them violently.
0:06There must not be change management because you want the change to feel jarring.
0:15You took over a company that was months away from bankruptcy.
0:20Take me inside the company.
0:23What did you do on day one?
0:25I left home to fly San Francisco, where Opendoor had one office.
0:32And on the way out the door, I told my wife, hey, sweetheart, I'll be back on Thursday.
0:36And she said, do not come back until you have a plan to break the company even.
0:41And I'm like, haha, very funny.
0:42This is hilarious.
0:43And my wife said, no, no, I'm not kidding.
0:45Do not come back.
0:46She went to Amazon and ordered a mattress to the office for me.
0:50Like I knew I was going to sleep in the office for multiple days in a row because my plan was to try to figure out what had gone wrong.
0:56Because basically what happens is all companies fail in similar ways.
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