The most important point there is lack of supply. I'm sure if you live in austin, you don't appreciate that everyone from california is moving there. And they're able to pay up because they made money in california housing right wich et a thousand dollars a square foot. It's going to take us a decade to catch up. So we have really a supply problem. Everything else, there are minor problems at the edges. You know, there's winners and losers. If you're selling a house, you're a winner. The real problem is lack of Supply, a hundred %.
Jason breaks down the 2 metrics he uses to to assess Robinhood's Q2 earnings (1:43) and Amazon entering Department Store retail (16:39). Then, Mark Suster from Upfront Ventures joins (24:07) to discuss venture metrics, community as a moat, why high valuations don't necessarily mean a bubble & more.