Opendoor is scheduled to report third-quarter earnings next Wednesday, so investors will get a clearer picture of how the company navigated the price volatility that caused Zillow to take a massive write-down, lay off 25% of its staff, and conclude that it could no longer justify buying and selling homes. Eric Jackson, president of EMJ Capital and an Opendoor investor, equated Zillow's departure from instant buying to the decision by a host of internet companies to give up on search two decades ago, eliminating Google's biggest competitive threats. "Z ceding the market to OPEN is like the equivalent of Yahoo/Ask Jeeves/Lycos/Excite giving up on search in 2001," Jackson tweeted on Thursday.