EB ()
@EllliotttB
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Not Commercial Real Estate; Metaverse SMB search funder; Opinions are someone else’s
Los Angeles, CA
Joined April 2009
Oh btw this is a cope if that wasn’t clear. My feed is basically a cope outlet
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Big week, the CEOs have to swing by the office after the 19th hole and say supply is coming down, rents are flat but optimistic and that they’re not selling anything. Time to really earn that $10mm
It's earnings call seasons for REITs! This week's releases: Tue: EQR, NexPoint Wed: Invitation, AMH, MAA, AvalonBay, Essex, UDR, IRT More next week.
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You can actually exchange into jet share ownership to avoid cap gains and get the additional bonus depreciation and flights
Nice so we’re cutting off the 100 billion expense on food stamps but hey let’s make sure that we shove 36 billion a year into the ultrarich with private jets
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If someone wants to back me on this I can fix the UI and turn the phone app into a “10 push-ups on the hour for your chance to win a trip to Miami” juggernaut
If they made peloton a proper gambling app it would moon and people would be healthy
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If they made peloton a proper gambling app it would moon and people would be healthy
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“Life is just an endless parlay” Enjoy the pitchforks, you did it to yourself
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- Private multifamily fund managers: selling the management company so global HNW investors can get access to 4 caps - Public multifamily REITs that go down every day while every asset in the world goes up: We’ve tried nothing and we’re all out of ideas
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Bigger concern is not that the founders and VC backers of societally negative startups know it’s bad and still do it because greed is the human condition but rather that they don’t think it’s bad
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It is possible to believe that wealth inequality is both a normal outcome of a capitalist system that produces innovation and better outcomes for all and also that wealth mechanically trickles up when the government hands out money particularly over a short concentrated window
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Ok I’m thinking about the ages of the parents in the class more carefully now and I think this is right I think it’s more weighted to gen X
@EllliotttB Seeing as you live in a city most ppl with 11 year olds are actually Gen X. Common trend of millennials get blamed for worst part of Gen X. Gen X opened flood gates on tech in schools + wokeism too
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Disagree tbh, those things got boring, but diaper changes always kept you on your toes
@devahaz As Matt Yglesias has said, it's never been more pleasant to stay at home by yourself, ordering Doordash and streaming movies or playing amazing video games on your high def TV. That's more fun than changing a diaper.
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Every startup now is like "We found a cool way to monetize undermining the social contract!"
a16z-backed DoubleSpeed lets you control 1000s of social media accounts with AI, ensuring they look as human as possible - "never pay a human again"!
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I’ve never in my life seen neuroticism like this grade level school parent chat, the millennials are not ok
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A must watch Accessible for 18 year olds, tiktok/swiping meets in game sports betting In their own words: “sports wagering at the pace of a slot machine” There is no bottom for these people
History will judge Pmarca with extreme prejudice
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History will judge Pmarca with extreme prejudice
a16z-backed Cheddr is building "the TikTok of sports wagering" - Unlike other platforms, they allow players under 21 and in 46 states!
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@blondesnmoney Ok. Alternatively: - Reject a “paltry” 30% premium (nvm that it’s all cash) - Stock’s down 50%+ & biz is now in a far worse fundamental & financial position - Best bull case in past yr has been a meme pump No executions- CEO & chair instead get 8-figure $ golden parachutes
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The entire REIT sector basically
There should be a rule that if someone offers a 40% premium for a company and the CEO says no, and then the stock is down over the next three years, he gets executed.
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Lol (not mine)
50 years after prop 13 locked in 1975 home assessments, I pay more property tax than all the adjacent homes *combined*
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