Opendoor Chair Keith Rabois: It's not a meme stock

Company Potential & Strategy - The company aims to articulate its potential and unfair advantages to investors [5][7] - The company plans to upgrade its team and develop a strategy to present before earnings [6][7] - The company needs to demonstrate how its unfair advantages and assets connect to its potential [7] Market & Consumer Dynamics - Markets are designed to allocate capital based on consumer preferences [2] - Consumers are expressing their preference for allocating more capital to Open Door [2] - The retail movement is about consumers indicating what is better for society and where to invest [3] Valuation & Growth - For 2025, the projection is 11,000 homes sold and $4 billion in revenue, which may take time to grow into the valuation [5] - Sentiment is different from potential, and potential has an option value [3][4]