If there's a million of them, and they make a hundred dollar profit per month from each, it's a billion, two in profits. That is profit. What's the margin there? Oh, i think itwas li the margin. I ownd ain real estate u why they mightn't own it in a treasury that is separatethan the pianal. But if you look on the pianal, it's really the rental of those. And how much above market would be the profit, right? So that's, that was always newman's game, and that's why everybody gave him all that money. Ase when he sowed it to massa. When
Molly is back for a HUGE news days! Adam Neumann has raised $350M from a16z for his new startup Flow (2:14), and his main investor, Marc Andreessen, got into some hot water over housing policy hypocrisy! (22:05)
(0:00) Molly is back! J+M intro today's topics!
(2:14) Jason and Molly catch up Molly's vacation and the craziness of the past week
(12:36) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist
(13:56) Adam Neumann's new residential real estate company Flow has raised $350M from a16z at a valuation over $1B!
(20:34) TripActions - Go to https://tripactions.com/twist and get a $500 Amazon gift card after making your first travel booking OR paying off your first $1000 of liquid spend
(22:05) Marc Andreessen's blog explaining a16z's Flow investment, Jason and Molly go deep on potential business plans for Flow and why a16z made this bet
(34:37) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist
(35:56) Marc Andreessen's housing hypocrisy
(53:35) Jason reads slides from the leaked Flow deck *JOKE*, another a16z portfolio founder in a similar market as Flow chimed in on Twitter