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real estate business

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Aug 20, 2022 by David Sacks · across every show →

Everything said about real estate business, oldest first

Aug 20, 2022
Insight
Sacks: Low-margin real estate businesses cannot survive unchecked spending
“You can get away with a lack of spending discipline if you're a 90% gross margin business like a Google, but when you're a real estate business who's got real cogs, not having spending discipline is actually a problem.”
David Sacks Aug 20, 2022 ▶ 20:04 E92: Adam Neumann's second act, a16z's $350M bet, housing policy, Inflation Reduction Act & more
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