Wall Street Insider January 18 - Business Insider

Insiders explain how iBuyers like SoftBank-backed Opendoor mix algorithms and human decision-making to flip houses

By 2015, competitor Offerpad was also buying and flipping homes in Phoenix. The iBuyer model has continued to grow, with established real-estate listing players like Redfin and Zillow entering the fray. There are now active iBuyer markets in almost every region of the US, and even some international regions.

One crucial piece of the back-and-forth centered on the company's use of a non-GAAP financial metric. Jamie Dimon makes renewed pitch for JPMorgan to be valued like a subscription service — and it shows how Wall Street is trying to echo Big TechThe JPMorgan Chase CEO sounded a familiar note on Tuesday on a call with journalists when he casually compared his bank to competitors in Silicon Valley.

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