2min chapter

Smart Friends cover image

#062 Meeting Charlie Munger and Starting RE Costseg with David Senra and Mitchell Baldridge

Smart Friends

CHAPTER

How to Fund a Business Like This

Eric: How different is the initial funding requirement for a business like that? Like to start with like the senior operator in place? Like 10x? No, it won't be. We put 40,000 into our costs. We'll probably put 60 into this. I mean, we will start to get traction quickly. And frankly, if we need to capital call ourselves, we can do that because it's the same kind of structure that's moving forward into this.

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