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E92: Adam Neumann's second act, a16z's $350M bet, housing policy, Inflation Reduction Act & more
All-In with Chamath, Jason, Sacks & Friedberg
Then I'll Buy 700 Thousand Apartments, You Know, Ten Times Profits?
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If they have 700 thousand of thoseyhou're talking about a billion dollars in revenue a year. That's with 700 million apartments, ok? Ten times profits. Aver ten billion dollar valuation. If intresein harss buying in at one point, five or two,. like garmot's saying, is probably correct, somewhere in that range. They bor 20 %. I'l ge yt maybe to get a six or seven bagger out of this, but it's a six or 7 bagger on a big number, three, 50. It's not like a 20 x or a 50 x. And you also get the branding, which i would under value
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