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Stock impact report

Bing Chen: Hype man for Asian Hollywood [Los Angeles Times (CA)]

Opendoor Technologies Inc (OPEN) 
They came at the behest of then-31-year-old Bing Chen, a former YouTube executive. Near him sat the guest of honor: director Jon Chu, who was just one month from releasing his 2018 film “Crazy Rich Asians.” To Chen, the movie marked not just a turning point for Asians in Hollywood, but also a massive opportunity to shift the cultural narrative around Asians in general. He wanted to be a part of it. “Everybody go around the table and say how you're going to commit to this,” Chu recalled Chen saying. “He's literally like your camp counselor,” Chu said, “with all these big people and he doesn't talk to them like they're big people.” By the end of the night, those people — including Opendoor co-founder Eric Wu, then-WeWork Chief Technology Officer Shiva Rajaraman and Andreessen Horowitz partner Maggie Hsu — had committed to buying out as many theaters as possible for the opening weekend of “Crazy Rich Asians,” a tactic inspired by the Black community's support of Marvel blockbust Show less Read more
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