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  "documentTitle": "OpenDoor Pitch Deck Series A",
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  "notes": "The slide uses a process flow to explain how the company filters out bad assets (outliers) through data collection, inspections, and BPOs.",
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      "text": "Flowchart showing steps: Seller Data -> Home Offer Accepted -> Inspection/Custom BPO -> Confirm Price -> (We Accepted -> Fund) / (We Rejected)",
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      "text": "Collect more data: We collect data about the seller and the home to inform our model.",
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      "text": "Mitigation of downside: Inspections and custom BPOs identify the bulk of the homes that we overvalued, and confirm where the AVM was accurate and/or undervalued.",
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      "text": "Cases we reject: We reject homes based on structural issues or poor home conditions not disclosed by seller.",
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      "text": "Diligence Process and Key Adverse Selection Events",
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      "text": "OUTLIERS",
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