Opendoor Series-A Pitch Deck Is an Example You Should Follow
Opendoor will soon IPO at a $4.8B valuation. Let’s look at the deck that got them $10M in 2014
Yesterday, Opendoor announced that it would go public through a reverse merger with special purpose acquisition company (SPAC) IPOB, another multi-billion listing going the trendy SPAC way.
The terms of the deal value Opendoor at a unicorny $4.8 billion and the market seem to have reacted positively to the news: shares of IPOB soared 35% on Tuesday.
In 2014, Opendoor had raised $10M with, among many, YCombinator and Khosla Ventures. The pitch deck they used at the time has surfaced on Twitter. It is a masterful example of how to tell a compelling story that respects proper design principles.
It’s a deck every startup should try to emulate, and it’s worth going through it in more details.
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Deck Details
Opendoor, founded in 2014
