Kaz Nejatian
speaker
618 appearances
1 recordings
1 series
first heard Jul 2026
last heard 21 Jul
Kaz Nejatian’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
You lose a lot of culture.
It's very hard to build culture remotely.
Because Opendoor's core mission is difficult, we need to make other things easier.
And I think the best thing everyone intuitively understands, if you played any sports growing up, you understand that the thing that causes you to build camaraderie is doing hard things together in person and winning.
like high school football teams have amazing cultures yeah amazing yeah and look we do a very hard thing but we do it in person with our colleagues shoulder to shoulder where we celebrate our victories together and the failures we see together so we can actually get through them together that's one thing second look a lot of communication gets lost in remote companies and third
intercompany multiculturalism does not work.
What does that mean?
Companies cannot have multiple cultures.
They just can't.
They just die.
If you allow a company to have many different cultures, what you end up creating is you lose all short form of communication.
And you end up spending a lot of time aligning people such that you can move.
And it's much easier to have a uniculture company, much easier if you're in person.
In my first four weeks, I killed two entire business lines.
Opendoor used to have, essentially, we provided general contractor services to other companies, which was a profitable business for us, but it was not the mission of our company.
Our job isn't to become the world's best contractor, so we killed that.
We had a business where we were essentially called OD Select, which we essentially were like,
quasi builders that we would take essentially homes that were like unlivable and just build them from scratch up profitable business side for us killed it off because again that's not our job our builders in the world we're not one of them we're a market maker it's a different job if you think of my time at opendoor i think it's reasonable to say i've only started three products
and we've shut down a few dozen.
You start a mortgage.
Showing 281–300 of 618 · page 15 of 31
← Previous
Next →