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Eric Jackson: Why Opendoor Stock Is Going to $100 Per Share – Just the Beginning!
Season 1 Episode 14
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Today’s episode features Eric, one of the most outspoken Opendoor investors on social media, known for his bold thesis that Opendoor could 100x from $0.80 to $82, and then 6x again from there to $500.
We dive into Opendoor’s leadership shake-up, its path forward in the real estate market, and why Eric believes Opendoor isn’t just another meme stock but a “cult” stock like Tesla and Palantir.
Eric shares what changes he thinks the new leadership team must make to unlock Opendoor’s full potential, the biggest risks the company faces, and why retail investors — the “Open Army” — may be one of Opendoor’s greatest assets, generating millions of dollars in marketing value every single day.
Beyond the company itself, Eric opens up about his personal investing philosophy — including diversification vs concentration, crypto, and even what Kobe Bryant’s “Mamba Mentality” means to him as an investor.
Stick around until the end — you’ll hear wild stories about Eric spending over a month at Drake’s house trying to pitch him Opendoor, what a Super Bowl ad with Drake could look like, and how music like “God’s Plan” fuels his outlook on life and investing.
Timestamps:
00:00 - Timeline and play-by-play of the Opendoor leadership changes over the past 3 months and the impact to Opendoor’s stock price
09:21 - Changes that Opendoor’s new leadership team can implement from both a technology and business perspective to reach its full potential
13:02 - What the new Opendoor management team needs to be most careful about and what investment or business opportunities should they steer clear of
15:25 - Why Opendoor isn’t a meme stock like Gamestop but a “cult” stock like Tesla and Palantir
20:05 - Eric’s original Opendoor thesis that the stock could 100x from $0.80 to $82, and why he believes the stock can now go to $500
25:27 - Biggest risks to Eric’s Opendoor thesis and how the company can mitigate them
27:05 - Why the global real estate market is a huge opportunity for Opendoor
31:49 - Comparing Opendoor, Uber, and Carvana business models and opportunities
37:12 - How the Open Army may be generating $42 million/day in social media marketing value for Opendoor
42:21 - Spending over a month at Drake’s house to convince him to buy Opendoor stock
49:32 - What a Super Bowl ad with Drake and Opendoor could look like
55:43 - Real estate and crypto takeaways from Eric’s recent dinner with Eric Trump
1:00:25 - Diversification vs concentration: would Eric allocate more than half his liquid portfolio to Opendoor?
1:07:22 - Eric’s upcoming crypto treasury company announcement
1:08:52 - Going through challenging times and the meaning of Kobe Bryant’s “Mamba Mentality”
1:12:30 - What Drake’s song God’s Plan means to Eric
About Eric Jackson:
Eric is an investor and entrepreneur best known for his unapologetically bullish stance on Opendoor and his deep interest in disruptive companies and crypto. His conviction in Opendoor has made him one of the most talked-about figures in the retail investing community, where he continues to push bold ideas about technology, real estate, and personal resilience.
Published on 1 month, 2 weeks ago