Welcome to the Tech Meme Right Home for Monday, December 21st, 2020.

I'm Brian McCullough today.

It's a huge day for real estate tech with open door going public to a soaring valuation and real page getting bought for a ton of money.

Microsoft might design its own custom silicon because why not to quote Vince and

Hannah is the first under the display selfie camera basically a fail and

could we actually see the Apple car debut as soon as next year. Here's what you missed today in the world of

Tech. Big day for Real Estate Tech. First, Real real estate startup Open Door has gone public via a

SPAC deal and achieved an $18 billion valuation which is notable because when

this deal was first announced back in September,

it was valued at $6.3 billion.

So this is another sort of tech IPO that is just soaring once it reaches the public markets.

This deal was also notable because it was one of the first SPACs announced.

SPACs remember are those blank check companies, and this one was launched by noted investor

Chamath Palle Hapetia. His previous SPAC is how Virgin Galactic is public

quoting the information.

Open Door took an unusual path to its public debut.

In addition to raising money from well-known VC firms,

Open Door over the years has attracted interest from Wall Street Banks, willing to lend it billions

of dollars to buy homes, it would ultimately resell.

And despite a difficult start to the year when the pandemic temporarily stalled the real estate market, the

SPAC merger has helped open door replenish its balance sheet. Pete Flint a real estate

tech investor who co-founded homelisting site Trulia and has followed open door over the years said the firm was

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