Redfin CEO promises to ‘drink our own urine’ if mortgage rates don’t fall

He really said that: When asked about the company’s “Plan B” if mortgage rates don’t fall, Redfin CEO Glenn Kelman responded, “Plan B is to drink our own urine or our competitors’ blood, stay in the foxhole.” This wasn’t at some informal, off-the-record gathering. It was on Redfin’s second quarter earnings call, where executives usually […] © 2024 TechCrunch. All rights reserved. For personal use only.

Redfin CEO promises to ‘drink our own urine’ if mortgage rates don’t fall

He really said that: When asked about the company’s “Plan B” if mortgage rates don’t fall, Redfin CEO Glenn Kelman responded, “Plan B is to drink our own urine or our competitors’ blood, stay in the foxhole.” This wasn’t at some informal, off-the-record gathering. It was on Redfin’s second quarter earnings call, where executives usually […]

© 2024 TechCrunch. All rights reserved. For personal use only.