Radostina Tasheva has been working in the professional world since 2014. Radostina began their career as a Customer Service Representative at Concentrix. Radostina stayed in this role for three years until 2017, when they moved on to become a Community Manager at Casualino JSC.
The following is an excerpt from The New York Times by David Streitfeld | June 13, 2017 |
In the spring of 2016, the two young entrepreneurs had an idea: a new kind of real estate brokerage that would use algorithms and data to make buying and selling a home faster and easier.
They had a name for their company, Opendoor, and a plan to raise money to start it. But they needed a place to work.
So they decided to rent an office in San Francisco’s South of Market neighborhood.
The space they found was in a building owned by the Blackstone Group, a giant private equity firm. The rent was high — more than $10,000 a month — but it was worth it.
The office was in a prime location, close to other tech companies and venture capitalists. It had a great view of the city. And it was a sign that Opendoor was serious about its business.
But there was one problem: Blackstone wanted a two-year lease.
For a startup like Opendoor, that was a long time to commit to a single location. What if the company needed to move or expand?
The founders, Eric Wu and Ian Wong, decided to take a chance. They signed the lease and moved into the office in June 2016.
It turned out to be a wise decision.
Opendoor quickly became a success. The company raised more than $320 million in venture capital and is now valued at more than $1 billion. It has expanded to five cities and is planning to move into more.
And the two-year lease? It was up in June 2018.
But instead of moving out, Opendoor decided to stay put.
The company recently signed a new lease with Blackstone, this time for five years.
“We’re very happy with the space,” Wu said. “It’s been a great home for us.”
The decision to stay was a sign of how far Opendoor has come in a short time. It also shows how the real estate industry is being reshaped by technology.
Opendoor is one of a number of companies that are using data and algorithms to make buying and selling a home faster and easier.
The company uses a proprietary algorithm to make instant offers on homes
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