Opendoor Co-Founder Eric Wu Launches AI For Construction Venture
NavigateAI CEO Eric Wu poses for a photo in San Francisco.NavigateAIWhen Eric Wu was the CEO of Opendoor, a startup that popularized instant cash offers to homeowners, Opendoor was purchasing roughly 5,000 homes a month. Managing that massive volume required an expansive network of over 10,000 subcontractors and tradespeople, and despite spending about $750 million annually on home renovations, there was constant pain over quality control."I didn't know if a solution would be possible, but it ju...
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