“In 2012, we invented the idea of raising money for real estate on the internet. And within a few years, we had a 150 copycats, a 150 different companies trying to do what we were doing with a billion dollars of venture funding. So then roll forward eight years to now, and all of those companies basically gone out of business.”
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Miller: Financial sectors can only be disrupted during an economic downturn
“My experience is you can't disrupt a financial sector except for in a downturn.”
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