1.
Live Better Together.
founders@opendoor.io
angel.co/opendoor-2

2.
$50k
MRR
3
properties
founders@opendoor.io angel.co/opendoor-2

3.
88%
Millennials are flocking to
cities but can’t afford it.
live with
roommates
founders@opendoor.io angel.co/opendoor-2

4.
US roommate rentals
$105B
founders@opendoor.io angel.co/opendoor-2

5.
Traditional OpenDoor
founders@opendoor.io angel.co/opendoor-2

6.
People crave community.
We build it.
founders@opendoor.io angel.co/opendoor-2

7.
Recurring fee on rents
15%
gross
margin
$200/mo
margin
per resident
=
founders@opendoor.io angel.co/opendoor-2

8.
ZERO 2%
Vacancy
Loss
Monthly
Churn
100%
Referral
Rate
Operating Efficiently
founders@opendoor.io angel.co/opendoor-2

9.
Scaling via Developers
SIX
$170k
50-100
MRR in
signed deals
developer
partnerships
bedrooms
per building
founders@opendoor.io angel.co/opendoor-2

10.
We live it.
Ben Provan
COO
Jay Standish
CEO
founders@opendoor.io
angel.co/opendoor-2

11.
$50k
MRR
140
pipeline
bedrooms
$105B
market
founders@opendoor.io
angel.co/opendoor-2