The Real Estate Market Is Growing Like Crazy, but You Cannot Look at Their Net Revenue

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

In the real estate business, you were valued on a multiple of top line. You cannot look at their net revenue like arbe and b's net revenue. And then you have some insane maniac who becomes this messionic figure that you're competing against. What was it like to go into meetings and be categorized with adam newman? Did you meet him when you were in new york? Was mean, thewhole thing was a lot of fun.

In the news segment, Jason covers unicorn SaaS Startup called HeadSpin has been accused of a massive fraud by the SEC and DOJ (2:06), and Pacaso real estate startup offering fractional ownership of vacation homes is causing outrage in wine country (17:35). Then, Jason interviews Not Boring's Packy McCormick (34:41), about his time at WeWork competitor Breather (36:14), turning his newsletter into a venture fund (59:12), and Packy's vision for crypto - it's one of the best explanations we've heard (1:03:17).