News Summary

San Francisco-based real estate tech company Opendoor, led by former Shopify executive Kaz Nejatian, plans to significantly expand its Toronto team by hiring up to 100 people. Despite no immediate plans to operate in the Canadian market, Opendoor aims to make Toronto a major hub, renting office space at King Street and Spadina Avenue. The company seeks talent across operations, finance, and engineering, highlighting Toronto as a prime source of high-talent individuals. Notably, Opendoor’s team already includes several prominent figures from the Canadian tech industry, such as former Coinbase Canada CEO Lucas Matheson and former Shopify executives. The company continues to engage with potential hires through events such as an upcoming mixer for AI builders.