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>Also if I remember correctly, Keith Rabois said he was talking with Peter Thiel and Peter mentioned how real estate has rarely changed. Do you have a source f
by stevenj 10y ago
>Also if I remember correctly, Keith Rabois said he was talking with Peter Thiel and Peter mentioned how real estate has rarely changed.
Do you have a source for this conversation? I'd like to read more about Peter's thoughts if they're available.
- jdross 10y agoKeith recounted the story here, a bit, but Peter didn't comment: www.forbes.com/sites/amyfeldman/2016/11/30/home-shopping-networkers-opendoor-is-upending-the-way-americans-buy-and-sell-homes/#6d08e3f5cff1 "A member of the so-called PayPal mafia, the founders and early senior execs at the payment platform who went on to start many other companies, Rabois, 47, came up with the idea for Opendoor back in 2003 while doing a stint at Peter Thiel's investment firm, Clarium Capital. Rabois recalls a time when he and a colleague presented an idea similar to Zillow, the online real-estate database, that Rabois says Thiel found so boring he kicked them out of the conference room. (Thiel did not respond to requests for comment.) Rabois then started thinking about how car owners can sell their used autos to dealers based on their Kelley Blue Book valuation and how he might create similar liquidity for homeowners."
- free2rhyme214 10y agoI actually found it in a youtube video. I still wonder why Peter didn't invest in your company.