Future City: Inside Opendoor’s IPO prospectus, an apartment startup that wants you to “swipe right”

Opendoor’s open book Since announcing plans to go public with a SPAC, Opendoor’s been offering potential investors a peek under the hood. Last week’s 650-page prospectus gave an unvarnished account of its financials, including nearly $1 billion in losses since 2013. The filing also shined a light on the volatility of this year’s business: The company lost $118 million on nearly $2 billion of revenue during the first half of 2020. By comparison, it lost

source https://therealdeal.com/2020/10/12/future-city-inside-opendoors-ipo-prospectus-an-apartment-startup-that-wants-you-to-swipe-right/