The Pacasos, a Start Up, Is a Scam.

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i found out about pacaso because i was listening to statumwith prete and some other, you know, high brow left wing podcast. Found out that they were doing this advertising to really high and affluent people on the left. Their main objective is to make a second home ownership more accessible by utilizing a fratie home ownership model. According to npr n, it's sort of like time sharing, but very different.

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).