Pinterist paid almost ninety million to terminate a lease on five hundred thousand square feet of new office base in san francisco. If they lost ten per cent of their employees, if they lost thirty per cent of their employes, fifty per cent of the employees, all it would do is pour money to the bottom line. And i think that's this grand economic, you know, bargaining is what we're seeing here. It's very hard to cut people's salaries.
Jason gives his take on the letter from a group of employees to Tim Cook about Apple's return to work (1:00), then Fatima Dicko the CEO and Founder of Sugar discusses pivoting in the pandemic (25:54), what amenities apartments will offer in the future (45:39), and more. Then Jason wraps with a "button" on investing when valuations are high, where there is value to be found, and more (58:44). http://bit.ly/e1227tnotes