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Kaz Nejatian

CEO, Opendoor

Search every verified Kaz Nejatian interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Kaz Nejatian, CEO of Opendoor, discussed the company's operations and turnaround strategy in two interviews published on February 24, 2026, coinciding with the company's Q4 2025 earnings day. During an office tour and livestream from Opendoor's San Francisco headquarters, Nejatian showed the company's dashboards, war rooms, and earnings preparation process, and spoke about the company's relationship with retail investors. He said that public markets were created to allow average Americans to invest in companies, and that Opendoor is "deeply proud" of being one of the most broadly held companies in America. He also described the company's recent period as a "second act" following a period of declining stock price and sentiment, and said the company aims to "continue to earn" investor trust. In a separate interview, Nejatian discussed his approach to leading the company after its market capitalization had declined significantly. He stated that his salary is $1 and that he only receives compensation if the stock reaches certain levels. He said he reviewed every employee and invoice, and cut millions in consulting spend, including a $5 million engagement with a consulting firm whose advice he characterized as "do everything worse but cheaper." Nejatian also said he does not care about media coverage of the company, stating "I care a lot about what things are" rather than how they appear. He noted that Opendoor launched a mortgage product in 10 weeks, which he described as the fastest mortgage launch in the company's history.

Recent appearances

  • Fixing the American Housing Market | Opendoor Team

    Kaz Nejatian, Vu Tran, and Yan Guo join MTS in three back-to-back interviews to discuss turning around a public company, building an AI-first corporate culture, and scaling real estate market making using proprietary data and machine learning. -- ⁠https://x.com/nejatian⁠ ⁠https://x.com/vu0tran⁠ ⁠https://x.com/yang_guo⁠ -- MTS is a live news and interview show covering technology, business, politics, and culture as it happens. Follow MTS:  X |⁠ ⁠⁠⁠  / mtslive⁠⁠   YouTube |⁠ ⁠⁠⁠   / @mtsituation   Spotify |⁠ ⁠https://open.spotify.com/show/4HUNNmV... Apple |⁠ ⁠https://podcasts.apple.com/us/podca…

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  • Opendoor Financial Open House | Q2'26

    Join us for our Financial Open House covering our Q2’26 Earnings Results on August 4th at 2 PM PT. For more information please visit https://investor.opendoor.com/.

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  • The Price of Excellence Most People Won’t Pay

    No company decides to fail. It drifts there one comfortable lie at a time. Kaz Nejatian took over Opendoor when it was just months away from bankruptcy and set out to rebuild it from the ground up. What happened next shocked everyone. Most turnaround stories are told years later, by the winner, after the ending is already known. That’s why they always sound clean and polished. This one doesn’t have an ending yet, and it’s anything but clean and polished. Kaz takes us inside while it’s still happening. We discuss why great companies drift away from reality, why truth has to matter more than…

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  • Opendoor CEO: 'First-time home buyers are stuck not being able to buy in this market'

    Opendoor CEO Kaz Nejatian joins CNBC's 'The Exchange' to discuss the state of the housing market, why first-time home buyers are stuck in this market, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connec…

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  • Rebuilding Opendoor & Reinventing Homebuying (Ft. Kaz Nejatian, CEO of Opendoor)

    Episode 210: Turnarounds are tough – especially as a public company under the spotlight of passionate investor eyes. Well today, we're giving you an inside look! Ann is joined by Kaz Nejatian, CEO of Opendoor – the largest "iBuyer" in the United States and a company in the throes of a turnaround effort. In a candid conversation, we unpack how he has revamped the team… through restructuring the company’s real estate portfolio, pushing for more tech-driven data analysis into core products and bringing everyone back to the office. Also: what it's like to have your compensation package tied to the…

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  • Exclusive: Opendoor's Grand Reopening for Agents (w/ Kaz Nejatian)

    Opendoor just hit a reset button — and agents are now at the center of it. Kaz Nejatian, the newly appointed CEO of Opendoor and former COO of Shopify, sat down with Andrew Flachner on Playmakers to talk about the most significant shift in Opendoor’s history: a grand reopening built around agents. Kaz walked away from one of the best jobs in tech because he believed the opportunity in real estate and Proptech was bigger than anything else. Seven months in, he’s proving it. On this episode of Playmakers, Andrew Flachner — host, and CEO of RealScout — goes deep with Kaz on the product announce…

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  • How Kaz Nejatian Is Rebuilding Opendoor

    Matt Reustle sits down with Opendoor CEO Kaz Nejatian, fresh off the earnings call, to break down what he's found inside the business since taking over. Kaz makes the case that Opendoor has been fundamentally misunderstood — not a real estate asset manager with software bolted on, but a market maker for the largest asset class in the world. We get into the difference between spread and velocity, why tighter spreads compound into a real information advantage, and how the attach opportunity in title, escrow, mortgage, insurance, and beyond stacks up. Kaz also talks candidly about the operating…

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  • Opendoor Financial Open House | Q1'26

    Join us for our Financial Open House covering our Q1’26 Earnings Results on May 7th at 2 PM PT. For more information please visit https://investor.opendoor.com/.

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  • The Most Founder Mode CEO Working Today Isn’t the Founder: Opendoor’s Kaz Nejatian

    Kaz Nejatian reveals how he left Shopify to pull off a highly unusual feat: refounding a struggling public company in just 16 days. From first attempting to take the company private and then becoming CEO with an unwavering commitment to prioritizing product, Kaz shares his unconventional playbook and approach to life. We go deep on why most enduring companies are built on "first derivatives" of their core business and not the obvious thing everyone focuses on. Kaz explains why he reads the Bible every day, how overriding life's defaults requires going full force (not halfway), and why founder…

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  • Inside Opendoor HQ on Earnings Day (Office Tour + Live Stream)

    On Q4’25 earnings day, I went inside Opendoor’s San Francisco headquarters for an exclusive behind-the-scenes look at how the company operates in real time. CEO Kaz Nejatian gave us a full office tour — from dashboards and war rooms to earnings prep and the team packing merch ahead of the livestream. We sat in on a product discussion, watched the team prepare their live earnings broadcast, and saw firsthand how the culture operates under pressure. I also spoke with Michael Judd, Head of Investor Relations, $OPEN investor relations lead, and one of the longest-standing Opendoor employees (joi…

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  • Inside Opendoor: The $2.8B Bet with CEO Kaz Nejatian

    On the day of earnings, Opendoor CEO Kaz Nejatian joins Molly O’Shea on Sourcery to break down the public turnaround of a company that was trading around $0.50 per share, facing delisting risk, and fighting for survival in full view of the market, with the backing of the $OPEN army behind it. Kaz stepped in after Opendoor’s market cap had collapsed to the low hundreds of millions and the iBuying model was widely written off. Instead of managing optics, he focused on fundamentals. He reviewed every employee and every invoice, cut millions in consulting spend including a $5M engagement he belie…

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  • Opendoor CEO Kaz: Monster Q4 Beat, AI Code Explosion, and the Path to Profitability

    Opendoor just delivered a monster Q4 beat — and retail investors lit up the Stocktwits stream as the stock ripped pre-market. In this must-watch interview, Opendoor CEO Kaz Nejatian breaks down what actually changed inside the business, why Q1 revenue can drop even as the company gets structurally healthier, and the single metric he says investors should model: contribution margin per cohort. Kaz explains Opendoor’s cohort-based business model (buy homes, renovate, resell), why most Q4 sales came from inventory acquired before he arrived, and how a massive acceleration in acquisitions takes t…

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The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →