Should I Invest in Open Door?

Chamath Palaihapatiya announced that his spec, the Social Capital, Hita Sifia 2, or IPO B, is merging with Open Door to take a public at a $4.8 billion valuation. It promises to transform a process that has traditionally been complex, uncertain, and slow into one that is simple, certain, and fast. Real estate hasn't been impervious to startups because it's structurally immovable. But as Ben Thompson wrote in Open Door, a startup worth emulating in 2016, risk though is not only about downside, it's about upside.