The Intrinsic Value Podcast - The Investor’s Podcast Network

REI160: The Fundrise Approach w/ Ben Miller

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Jan 30, 2023
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ANECDOTE

Early Career Success

  • In college, Ben Miller brokered a deal for Ira Lubert after the original deal fell apart.
  • This impressed Lubert, leading to Miller's increased involvement in his business.
ANECDOTE

A Wish for Failure

  • Ben Miller left Ira Lubert's company to join a tech startup in 1999.
  • Lubert, while wishing Miller well, also wished upon him a "tremendous failure" for the learning experience.
INSIGHT

Brutal Reality

  • The biggest mistake failing companies make is letting desires obstruct reality.
  • Confronting reality quickly is crucial for effective decision-making.
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