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I'd agree with the other opinion here. If you want to decide the winner in the real estate market (i.e. corner it), you're going to need even more money than ev
by lambdasquirrel 5y ago
I'd agree with the other opinion here. If you want to decide the winner in the real estate market (i.e. corner it), you're going to need even more money than even what SoftBank was providing. It comes back to what the parent was saying. There's just no getting around the mismatch between the VC model of high-risk, high-growth versus the capital-intensive and low-margin business of real estate.