Example: From Laborer to Real Estate Tech
Hosted by
Naval Ravikant
The continuum from laborer to real estate tech company goes from low accountability to high specific knowledge, accountability and leverage.
- Laborers get paid hourly and have low accountability 0:19
- General contractors get equity, but they're also taking risk 1:20
- Property developers pocket the profit by applying capital leverage 2:14
- Architects, large developers and REITs are even higher in the stack 3:16
- Real estate tech companies apply the maximum leverage 4:05
Transcript: http://nav.al/laborer-tech