Good idea but very hyped and very risky - Anonymous employee Opendoor Employee Review

2.0
26 Oct 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- The idea is truly disruptive and in a great market - Many talented coworkers - Many ways product can go

Cons

- The company is bleeding money on operations and has a lot of cash in houses - Keith no longer active in day to day operations and leadership is junior - Very vulnerable to market conditions - Very hyped - Employees are overworked and there are high pressure expectations - Company looks out for itself first and doesn't treat people with respect

Explore other reviews about Opendoor

5.0
19 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Recently joined - Kaz is fantastic. There's been basically no blockers to us shipping. Very long hours but you can feel the impact in the work you're doing

Cons

Not much right now. Things are a little chaotic but that's what I signed up for. EPD leadership is maybe a little lacking

1
2.0
9 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Meaningful problems to solve. Stock upside with right macro. Aggressive AI usage

Cons

996 / hustle culture amongst newer folks. Love having motivated teammates but the comp is B-tier at best (unless you’re the CEO, at 4371x the avg employee) New product folks are a mixed bag. Some work really hard and are super sharp. Some talk about working hard and take credit for product work from others. SF office dying through firing and resignations - expect to be asked to visit Miami and Toronto frequently. Tenured employees seem to be assumed to be low performers

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