Building a 1.6 Billion Dollar Business - Auction.com
Noah Kagan Presents
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Do You Want to Do an Auction?
The real estate market was on the bottom of the cycle. We sold all 53 homes in one day at an auction held in a convention center with several thousand people there. And we did over $10 million in business, and the business was launched. Now imagine that I'm going to be selling 10,000-square foot rooms for 300 buyers every day,. That was the beginning of the Great Recession. But trust me, we're moving right as he speak right now.That's where we're heading. We're going to cycle down.
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