Re:Opendoor, a startup worth emulating
by LordHumungous on Wednesday December 14, 2016 @09:28PM
(#13181857)
So it's a real estate speculation company. Fine. But let's not pretend like some tech wizardry bs is going to give OD an advantage over any other speculator
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Re:Opendoor, a startup worth emulating
by panabee on Wednesday December 14, 2016 @10:05PM
(#13182049)
you're right. we don't know enough about OD's tech and models to conclude anything about OD.
however, most believe information confers an advantage in asset speculation. so if machine learning and data can provide someone with faster, more accurate pricing, that someone -- whether OD or another startup -- possesses a competitive advantage in terms of purchasing and selling real estate.