real estate

“A lot of capital has been exploring this space, which allows for just much, much more ambition. So if you were to build Lyft 20 years ago, it would have been a software product that had been sold to taxi companies or taxi dispatch firms. And today they decided…”

“In the future, or even increasingly the present, you're gonna buy your house from, or sell your house to a company.”

“And it, it's hard to, it's been one of the best performing asset classes of all time because you have human population growing, you have this migration to cities and that's driving up the asset.”

“Maker's sort of a wrapper for all these other asset types, so fiat-backed stablecoins are one type of asset, but there will be others, gold and, you know, real estate, et cetera.”

“Real estate is so far behind on tech, it actually has the most to benefit from AI. So it maybe is going from the lowest R and D spending to potentially one of the highest spenders on AI.”

“In the past, you've really just needed a person because traditional software couldn't handle the variability that was required. So, if you needed a person anyway, there wasn't really a motivation to buy technology.”

“Real estate has not invested a ton in technology. So it hasn't gotten a lot of the efficiencies that, you know an internet company or, you know, a SaaS company Could achieve.”

“I think that's actually a problem that, that Opendoor has had is that, like, Externally and for, admittedly, for some time internally, the company thought of itself as essentially an investor in a real, like real estate as an asset class, which is not the job …”