Truth Over Feelings: Inside Opendoor's Massive Turnaround

Kaz Nejatian, CEO who led Opendoor's turnaround from near-bankruptcy, shares the principles he used to rebuild culture, eliminate bureaucracy, and accelerate decision-making. He explains how comfortable lies sink companies, why truth must outweigh feelings, and how competent dissenters destroy organizations. The conversation covers the use of AI to flatten management, the radical meeting reduction, and the personal disciplines required for a turnaround—all while the work is still in progress.