Knock Knock. Who's There? Opendoor.

There are some phenomenal products in some of the companies that were overfunded and are haunted by past decisions. The valuations at which these companies raised capital set them on the wrong path - a path that fails to attract and reward critical talent, a path that incentivizes excess expenditure for growth at the expense of structuring a busine... See more

...trying heroically on a podcast to explain why putting one’s house “on the blockchain” might be better than the current system. Eventually, after much grasping and a bit of “these things could all be NFTs,” McCormick ended up more or less where he began. “You’ve just re-created the entire mortgage infrastructure that already exists today,” a host... See more