POPULARITY
3 episodes with stickiness
3 episodes with stickiness
2 episodes with stickiness
2 episodes with stickiness
2 episodes with stickiness
2 episodes with stickiness
2 episodes with stickiness
2 episodes with stickiness
2 episodes with stickiness
This week on Swimming with Allocators, Earnest and Alexa welcome Evan Finkel and Charlotte Palmer from Integra Global Advisors. Evan and Charlotte discuss their approach to venture capital investing, focusing on emerging managers while also sharing insights into evaluating new fund managers, emphasizing the importance of transparency, unique investment theses, and consistent communication. The conversation also covers challenges in the current VC landscape, including the competitive fundraising environment and the need for succession planning. Key takeaways include the value of building strong LP-GP relationships, the potential of smaller funds to generate alpha, and the critical role of motivation and differentiation for emerging managers. Also, don't miss our insider segment as Jason Kropp from Sidley discusses the complexities of cross-border venture capital investments, highlighting the importance of tax optimization, international investment structures, and navigating regulatory uncertainties in the current global investment landscape.Highlights from this week's conversation include:Evan's Background and Journey (1:09)Charlotte's Journey to Allocator (3:04)Integra Overview and Differentiation (4:41)Geographic Focus of Clients (8:24)Motivation and Competitive Landscape for Emerging Managers (11:13)Market Correction and Emerging Manager Archetypes (15:29)Diligencing Differentiated Perspectives (19:37)Off-List References and Deeper Diligence (23:51)Insider Segment: Complexities of Cross-Border Investments (24:48)LPAC Involvement and Value (28:56)How LPs Should Give Feedback (31:00)Questions GPs Should Ask LPs (34:18)Assessing LP Commitment and Stickiness (38:40)Succession Planning in VC Firms (42:55)Lessons Learned as LPs (47:31)Final Thoughts and Takeaways (50:00)Integra Global Advisors is a registered investment advisor (RIA) functioning like a multi-family office. The firm invests across the entire investable universe but on the venture side, the team specializes in early-stage investments across the U.S., Israel, Latin America, and Europe. Focused exclusively on emerging managers, Integra provides capital and strategic partnerships, actively engaging in LPAC positions to help funds succeed. Learn more at www.integraga.com.Sidley Austin LLP is a premier global law firm with a dedicated Venture Funds practice, advising top venture capital firms, institutional investors, and private equity sponsors on fund formation, investment structuring, and regulatory compliance. With deep expertise across private markets, Sidley provides strategic legal counsel to help funds scale effectively. Learn more at sidley.com.Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies. The information provided on this podcast does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this podcast are for general informational purposes only.
Podcast: Gospel TalksHosts: George Binoka & Jeff MusgraveEpisode Date: June 3, 2025Episode Summary:In this stirring episode of Gospel Talks, George Binoka and Jeff Musgrave explore the eternal significance of gospel-centered relationships. Drawing from Luke 16 and the parable of the unjust steward, they unpack Jesus' radical call to leverage our temporal resources—time, talent, and treasure—for eternal gain. The discussion centers around the idea of “forever friends,” a term George and Jeff use to describe those whom we reach with the gospel and with whom we'll share eternity.They argue that gospel relationships are not only spiritually binding but also the most enduring relationships possible—outlasting circumstances, cultures, and even death. The gospel, they contend, is the ultimate “relationship retainer,” binding people together with supernatural glue.Jeff issues a challenge from Scripture: if the world invests its resources with intensity to gain temporary returns, how much more should the sons of light pour themselves into eternal investments? They also highlight how hoarding the gospel is not merely ineffective—it's dishonest. Faithfulness to Christ involves faithfully stewarding the gospel for others.George offers personal stories of unlikely friendships forged through the gospel—relationships that defy natural compatibility but endure because they're built on eternal truth. Together, George and Jeff call listeners to take risks, invest deeply, and partner in the work of disciple-making, reminding us that the only thing we take to heaven is people.Chapter Breakdown:00:00 – The Concept of Forever FriendsIntroduction to the term “forever friends” and how the gospel preserves relationships eternally.02:54 – Eternal Friendships in ScriptureJeff unpacks the parable of the unjust steward (Luke 16) and Jesus' call to make friends for eternity.05:44 – Investing in Eternal RelationshipsComparison between worldly zeal for profit and Christian investment in souls.08:37 – Leveraging Temporal Wealth for Eternal GainWhat it means to steward time, talent, and treasure with eternity in view.11:16 – The Dishonesty of Hoarding the GospelJesus calls it dishonest to withhold the gospel from others; spiritual stewardship is a matter of truthfulness.14:30 – The Stickiness of Gospel RelationshipsOnce you've gone deep with someone spiritually, every other conversation becomes easier—gospel relationships stick.17:16 – Taking Risks for Eternal FriendshipsTrue friendship demands boldness; the gospel may threaten friendships, but it's also the only way to make them eternal.20:04 – The Transformative Power of ConversionConversion is miraculous, relational, and permanent—God turns strangers into family.22:43 – Partnership in the GospelSpiritual friendships mature into co-laboring partnerships for the kingdom.25:48 – The Value of Eternal RelationshipsNothing on earth is more valuable than souls; everything else we leave behind.27:01 – New ChapterClosing reflections and call to action: pray for laborers and consider supporting The Exchange monthly.Support the Mission:Partner with The Exchange to help multiply eternal relationships. For just $25/month, you can help extend the reach of gospel training and discipleship worldwide. Learn more at www.exchangetotheworld.com (or your donation link).Subscribe & Share:If this episode...
Here is a narration of my latest ‘a calm presence', inspired by this quote from Indy Johar's May 12th, 2025 Substack posting, The Stickiness of Want - And the Systemic Amnesia Behind It :We—you, me, everyone in this room—are the last generation with viable agency before degenerative volatility locks us into conflict and collapse. The window is painfully small but gloriously open.'This posting was written while traveling in India and Japan in April and May of 2025.The narrated version was recorded in one take on May 21, 2025 on the streets of Hakone-Yumoto, Japan with the Haya River and lively birdsong in the background.See the Transcript of this episode for the complete posting. *END NOTES FOR ALL EPISODESHey conscient listeners, I've been producing the conscient podcast as a learning and unlearning journey since May 2020 on un-ceded Anishinaabe Algonquin territory (Ottawa). It's my way to give back.In parallel with the production of the conscient podcast and its francophone counterpart, balado conscient, I publish a Substack newsletter called ‘a calm presence' see https://acalmpresence.substack.com. Your feedback is always welcome at claude@conscient.ca and/or on social media: Facebook, Instagram, Linkedin, Threads or BlueSky.I am grateful and accountable to the earth and the human labour that provided me with the privilege of producing this podcast, including the toxic materials and extractive processes behind the computers, recorders, transportation systems and infrastructure that made this production possible. Claude SchryerLatest update on March 26, 2025
Dr. Luis Luarca, PhD – An expert in business operations consulting with over 20 years of experience. Specializes in improving business operations and enhancing employee motivation through modern, effective processes. Has successfully transformed 80+ organizations, primarily in the manufacturing sector, across both the U.S. and Mexico. Key Topics Discussed: Dr. Luarca's Consulting Approach: Focus on optimizing both business processes and employee motivation. Use of data-driven strategies to improve operational efficiency and effectiveness. Development of a “stickiness” within organizations to ensure long-term positive change. The Power of Employee Motivation: How employee satisfaction impacts the quality of work and attention to detail. Creating work environments where employees are invested in their jobs, leading to better customer experiences and internal collaboration. Dr. Luarca's 80+ Transformations: Insights into the challenges and success stories of working with manufacturing organizations. Strategies for driving change management and operational improvement in diverse organizational settings. The role of employee engagement in creating a positive, productive culture. The Importance of “Stickiness” in Business Operations: How organizations can develop a lasting impact on employees and operations. Ensuring that improvements continue to resonate with employees, customers, and vendors over time. Takeaways: Data is Key: Using real-time, relevant data to drive decisions in improving operations. Employee Motivation Drives Success: When employees are satisfied and engaged, the results speak for themselves. Creating a Positive Work Environment: A happy workforce creates a ripple effect across all stakeholders—employees, customers, vendors, and their families.
Hooks and loops and stickiness There isn't just one way that glues work. This time, we look at mechanical forces that attach one thing to another. Join us on patreon.com/thelabwithbrad for extra special extra stuff! Here are a couple of videos on the invention of super blue. The Story Behind Super Glue How super glue was invented Here's an article on super glue. The Surprising Military History of Superglue And here are two videos on Velcro. A Brief History of: Velcro History of Velcro
“For any culture change initiative to survive, you've got to go where the sunshine is.” - Andy Goram In this episode of the People Dividend podcast, host Mike Horne speaks with Andy Goram about the concept of 'stickiness' in organizations. Andy shares his insights on how to create a thriving workplace culture through his seven steps to stickiness, emphasizing the importance of engaging storytelling, integrity, effective leadership, and consistent communication. The conversation also touches on the significance of employee retention and the need for organizations to embrace human values in the modern workplace. Key Points: Stickiness in organizations leads to better employee engagement. Finding early adopters is key to driving culture change. Employee retention is more important than ever in today's labor market. Links: Learn more about Mike Horne on Linkedin Email Mike at mike@mike-horne.com Learn More About Executive and Organization Development with Mike Horne Twitter: https://twitter.com/mikehorneauthor Instagram: https://www.instagram.com/mikehorneauthor/, LinkedIn Mike's Newsletter: https://www.linkedin.com/newsletters/6867258581922799617/, Schedule a Discovery Call with Mike: https://calendly.com/mikehorne/15-minute-discovery-call-with-mike Learn More about Andy Goram https://www.bizjuicer.com/, https://www.linkedin.com/in/andygoram/ https://x.com/stickyfrom https://www.instagram.com/sticky_from_the_inside_podcast/ https://www.youtube.com/@StickyFromTheInsidePodca-ub8hp
In this episode, we discuss recent market activity, Virtuals revenue, and the stickiness of PumpFun. Finally, we reset, and looked into activity on Bitcoin and Ethereum, and gave our outlooks for each asset in 2025. Thanks for tuning in! As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice. -- Resources Bitcoin December 2024 Update: https://app.blockworksresearch.com/flashnotes/bitcoin-december-2024-update Ethereum December 2024 Update: https://app.blockworksresearch.com/flashnotes/ethereum-december-2024-update -- SKALE is the next evolution in Layer 1 blockchains with a gas-free invisible user experience, instant finality, high speed, and robust security. SKALE is built different as it allows for limitless scalability and has already saved its 45 Million users over $9 Billion in gas fees. SKALE is high-performance and cost-effective, making it ideal for compute-intensive applications like AI, gaming, and consumer-facing dApps. Learn more at skale.space and stay up to date with the gas-free invisible blockchain on X at @skalenetwork -- Ledger, the global leader in digital asset security, proudly sponsors 0xResearch! As Ledger celebrates 10 years of securing 20% of global crypto, it remains the top choice for securing your assets. Buy a LEDGER™ device now and build confidently, knowing your precious tokens are safe. Buy now on https://shop.ledger.com/?r=1da180a5de00. -- Follow Marc: https://x.com/marcarjoon Follow Dan: https://x.com/smyyguy Follow Ryan: https://x.com/_ryanrconnor Follow Danny: https://x.com/defi_kay_ Follow Blockworks Research: https://x.com/blockworksres Subscribe on YouTube: https://bit.ly/3foDS38 Subscribe on Apple: https://apple.co/3SNhUEt Subscribe on Spotify: https://spoti.fi/3NlP1hA Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ Join the 0xResearch Telegram group: https://t.me/+z0H6y2bS-dllODVh -- Timestamps: (0:00) Introduction (1:37) Market Outlook (8:16) Virtuals Revenue Numbers (13:54) The Stickiness of PumpFun (22:41) SKALE Ad (23:23) Ledger Ad (23:57) Bitcoin's Outlook in 2025 (37:26) Ethereum's Market Dominance -- Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place Blockworks Research: https://www.blockworksresearch.com/ Free Daily Newsletter: https://blockworks.co/newsletter -- Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Dan, and our guests may hold positions in the companies, funds, or projects discussed.
This weeks episode is a bit of a diary dump. Verbal diarrhoea if you will!I've been feeling a bit stuck, if I'm totally honest. Creatively constipated, and it's been tough. As I've been grappling with the unfolding of my new identity since Poppy's death, the penny has well and truly finally dropped as to what that means for me as a creative. How this grief and life changing loss has sculpted my creative identity and the rut I'm in at the moment. It's very kitchen table-esque style. It might make sense to some of you and if it does, I'd really really love to hear from you. I know I need community in this experience to see me through, I want community in this experience.So if you identify as a creative in any shape or form and relate to this or have navigated through this creative ickiness in grief, please do reach out. I'd really love to be in touch and find ways we can navigate through this together. Find our creative selves again and welcome all the new unfolding parts of ourselves.Big love,Amber xxxConnect with The Grief Gang community:Enquire about Grief Gang 1:1 and group circle mentoring hereBook onto a Grief Gang group circle hereInstagramTwitterFacebookYoutubeTikTokSubstackWebsiteIf this episode resonated with you, please subscribe, rate, and leave a review. Share this episode with someone who might need to hear it today!Support this show http://supporter.acast.com/thegriefgang. Hosted on Acast. See acast.com/privacy for more information.
In this podcast, I talk about an important quality of Magic mechanics: stickiness. What is it and how do we use it? This podcast dives into the topic.
Jacqueline Woods is the Chief Marketing Officer at the software company Teradata. She has a unique vantage point as both a CMO herself and as someone who works with other companies every day to better leverage technology, data, and artificial intelligence. She explains how companies can think more strategically about their AI implementation, where personalization is heading next, and the most effective use cases for impacting customers. For Further Reading: Learn more about Jacqueline: https://www.linkedin.com/in/jacqueline-woods-361477/Trust Me I'm a Robot: How AI Can Improve Brand Stickiness (Fast Company): https://www.fastcompany.com/91194920/trust-me-im-a-robot-how-ai-can-improve-brand-stickinessCustomer Complaint Analyzer Demo Video: https://www.teradata.com/insights/videos/customer-complaint-analyzer Listen on your favorite podcast app: https://pod.link/1715735755
Attracting the right students to your university is more important than ever, and academic colleagues play a crucial role in this process. In this episode of The Partnership Podcast – Higher Ed Marketing, host Penny Eccles shares key insights into how universities can boost their student recruitment strategies through collaboration and smart marketing.Maximising student recruitment via PRISM With a focus on how universities, and more specifically academic colleagues, can attract more of the right students, Penny introduces the PRISM method—a strategy that covers Positioning, Relationships, Issues, Stickiness, and Measurement. She looks at the role that academic colleagues play in making courses more appealing and competitive. Whether it's refining course descriptions, nurturing school relationships, or creating memorable open day pitches, this podcast episode focuses on providing universities with the tools to grow market share and build lasting connections with potential students. In This EpisodeIntroduction to the PRISM methodCourse positioning strategiesBuilding relationships with prospective studentsAddressing recruitment barriersCreating memorable messagingEstablishing thought leadershipImportance of measuring recruitment successSummary and additional resourcesQuotes“When we talk to some universities, we ask them, do they believe that academic colleagues see part of their role as being in support of marketing and student recruitment? And if I'm honest, we get a mixed response.”“It's not always about just great marketing. If your product isn't as exciting as your nearest competitors, no amount of promotion can bring you greater market share.”“What they [students] actually want is to feel something. They want to feel a connection. And we can help that by telling a story.”
To submit a relationship question for an upcoming episode, email us at TheMedicinPodcast@gmail.com (we can keep it anonymous!)We (Chase & Mimi) are back to answer more of your juicy relationship questions! These come directly from YOU, our audience. In this episode we are discussing listener questions... "Is manifesting real?""My partner is depressed""My partner left. I hope we get back together like you and Chase."Medicin Drop Newsletter: We giveaway one of our favorite wellness products every week! Join HERE!OUR LINKS + DISCOUNTSMushyLove Latte (discount: MEDICIN)Immune Intel AHCC (discount: MEDICIN) Our favorite Reishi KING CoffeeLiving Libations Dental ProductsOrganifi (20% discount: MIMIFIT)See all our favorite products on The Medicin CabinetCONNECT WITH USOur websiteMimi's IG // Chase's IG // The Medicin IGSound from Zapsplat.com
7:00 w David Knobel & Evelyn Pyburn on Montana Lacking "Stickiness" - Ford's Loss on EV Bought by Rich Dems full 2596 Mon, 09 Sep 2024 14:00:58 +0000 KXQzsn9a2OruYR4CqenKttPonSBPrTiL Montana Talks with Aaron Flint 7:00 w David Knobel & Evelyn Pyburn on Montana Lacking "Stickiness" - Ford's Loss on EV Bought by Rich Dems Montana Talks with Aaron Flint ON DEMAND 2020
Featuring sin like watermelon juice and Romans 5:12 and 17. Don't forget to check out our website! https://treasurehuntpodcast.wixsite.com/realtreasure --- Send in a voice message: https://podcasters.spotify.com/pod/show/treasurehuntintheword/message
Martin de Rijke is Growth Lead at Syrup, a new protocol unlocking Institutional Yield in DeFi. Syrup is powered by the Maple Finance Secured Lending arm. Go to syrup.fi for more information. --- Support this podcast: https://podcasters.spotify.com/pod/show/crypto-hipster-podcast/support
On this episode we pay homage to another fallen soldier in the JFK Investigation realm. We will also be discussing reports of a SS agent shot in Dealey Plaza and the discovery by Jerry Coley of a pool of a "red substance" found on the Grassy Knoll. All that and more....join us LIVE won't you?Check out Mike's Alpha-66 Youtube channel for more JFK/Dallas related content - http://www.youtube.com/@Alpha-66Locals Community - https://jfkassassinationconversation.locals.comMerch Store - https://the-lone-gunman-podcast.myspreadshirt.comSilk City Hot Sauce - http://www.silkcityhotsauce.com Enter code GUNMAN at checkout for 20% off ENTIRE order!Music by - Roger MaynardA Loose Moose Podcast ProductionBBB & JOEBBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-lone-gunman-podcast-jfk--1181353/support.
Have you ever had someone join your team, only to quickly realize that this business model wasn't for them? Kristen has been noticing a significant issue: the stickiness problem. This has become a common theme in the social selling industry. But why do so many people come in and exit just as quickly? In today's episode Kristen dives into the reasons behind this problem and explores ten strategies to improve retention and help your team members stick around. Let's look at a few highlights: Stickiness refers to the ability to retain new team members effectively. It's about how many people join your team and how many actually stay and thrive. Kristen emphasizes that addressing these issues requires strategic changes in how leaders bring people onto their teams and support them once they join Consider what shifts you need to make in your approach to help people stick to your team. What questions can you ask during the vetting process? How can you better support new members in their initial days How can you work with new team members to adjust their expectations and recognize smaller, incremental successes rather than expecting immediate, large wins? Not everyone is cut out for social selling, and it's crucial to differentiate between those who are serious about the opportunity and those who are merely wishful thinkers. Remember, it's your team too. There is work you have to do to keep the "right" team members. Reflect on these points and consider the shifts you need to make to ensure you're attracting and retaining the best people for your team. What questions can you ask to ensure you're bringing in the right people and setting them up for success? The success of your team starts with your leadership and the standards you set. Pinpoint EXACTLY what's missing from your social media strategy and create a page that instantly magnetizes the RIGHT people to your business. Head to https://www.kristenboss.com/gift to grab my FREE Instagram Audit guide and finally stop wondering, “Am I doing this right?” Thanks for listening! Do you have a question about network marketing? Kristen can help! Drop your question here, and she just might answer it live on the podcast: https:/Kristenboss.com/question
Baseball Spo joins the show to weigh in on the latest Astros cheating scandal?
The March quarterly inflation reading came in hotter than expected, and could potentially push back any rate cuts from the RBA into 2025See omnystudio.com/listener for privacy information.
Economists warn of delayed rate cuts to November 2024 due to lingering inflation concerns tied to energy prices and a poor maize harvest. Mounting consumer debt hampers spending while rising oil prices strain the South African Reserve Bank's efforts for stability. Middle East tensions add to the dilemma, prolonging high interest rates. Dr. Iraj Abedian, CEO at Pan-African Investments and Research Services, examines the duration of this inflationary pressureSee omnystudio.com/listener for privacy information.
Why is it so easy to hold on to bad or incorrect ideas, when it is so easy to forget the good information. Today, we are going to talk about this idea of the stickiness of bad ideas.
Make 2024 your most profitable year yet! With Lender Toolkit's AI-powered AI Underwriter and Prism borrower income automation tools, you'll be able to get loans approved in under two minutes. By providing lightning-fast underwriting decisions, your market reputation with borrowers and Realtors will soar—which means more repeat and referral business. Notes Mark Workens, CEO of Mortgage 1 Inc.: “Lender Toolkit's Maas™ Platform solutions have fundamentally transformed how we do business Our profitability has skyrocketed, and our employees have never been happier.”
In this episode of the Connected FM Podcast recorded at IFMA's World Workplace 2023, Clyde Wang, the Technology Innovation Director of IAdea, discusses the concept of "friction-free stickiness." and how Facility Managers can create seamless and intuitive room and desk reservation systems to enhance workplace efficiency.Connect with Us:LinkedIn: https://www.linkedin.com/company/ifmaFacebook: https://www.facebook.com/InternationalFacilityManagementAssociation/Twitter: https://twitter.com/IFMAInstagram: https://www.instagram.com/ifma_hq/YouTube: https://youtube.com/ifmaglobalVisit us at https://ifma.org
I'm Zack Fuss. Today we're breaking down Arthur J. Gallagher, a global insurance brokerage. AJG was established in 1927 by Arthur James Gallagher and is now one of the largest insurance brokerages by revenue, exceeding $10 billion. AJG competes with the likes of Marsh McLennan, Aon, and Willis Towers Watson. To break down Gallagher, I am joined by Mike Hayward, a portfolio manager at WCM Asset Management. During this conversation, we discussed the company's successful acquisition strategy, the strength of the insurance brokerage industry, and how the shifting industry dynamics will impact the durability of its competitive advantage. Please enjoy this breakdown of A. J. Gallagher. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is brought to you by 10 East. 10 East is a platform where qualified investors can co-invest on a deal-by-deal basis across private equity, private credit, real estate ventures, and other one-off opportunities typically unavailable through traditional channels. It's no surprise that founders, executives, and portfolio managers from leading investment firms are using 10 East to diversify their personal portfolios. Their level of sourcing and diligence is institutional grade. To learn more, check out 10east.com. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @zbfuss | @ReustleMatt | @domcooke Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes: [00:00:00] First question - What AJG is and what they do [00:03:28] Value chain and key components of the insurance industry [00:06:03] Gallagher's business segments and specialty [00:08:58] Their defensibility and competitive edge [00:13:22] Stickiness and noteworthy retention rates [00:17:06] Why the market undervalues their stickiness [00:19:19] Their acquisition strategy and its role in ongoing, consistent growth [00:25:20] What ‘The Gallagher Way' really means and company history [00:29:52] Overview of the financial model and structure [00:34:09] Potential risks to Gallagher's continued success [00:39:21] Industry regulation and how they can affect the business [00:42:46] Lessons for investors and operators Learn more about your ad choices. Visit megaphone.fm/adchoices
Join Carl Whitaker and Steven Pribonic of White Oak Partners as they go in-depth on White Oak’s focus on a community-first resident experience, its effect on renewal rates and the parallels between coaching and being a good corporate economist. You’ll also hear why they think 2024 will be a year of getting back to basics. Get the latest White Oak Market Insights
Elon Musk announced Wednesday that an early version of video and audio calling is now available on X, formerly known as Twitter.
The MacVoices Live! panel looks at Meta's launch of Threads, whether it was premature. and explore essential features for a successful social network. Chuck Joiner, David Ginsburg, Jim Rea, Web Bixby, Eric Bolden, and Ben Roethig compare engagement levels with other platforms and highlight the need for content creation and aggregation. We also touch on the challenges faced by X/Twitter and its struggles with monetization, and what each member needs in a social media platform. (Part 3) Today's MacVoices is supported by MacVoices Featured Gear. Get more done with your tech, like the OWC Thunderbolt Hub. No matter which Mac you have, you can always use more connectivity, and the OWC Thunderbolt Hub delivers. Show Notes: Chapters: 0:01:11 Revenue streams beyond phone upgrades0:02:25 Battery replacement and other revenue-generating services0:02:45 Threads: Is it a Minimum Viable Product?0:04:23 Threads: Still in the Shakeout Phase0:04:46 The Challenge of Retaining Users in a Fast-paced Culture0:05:22 Twitter Troubles and Exploring Alternatives0:06:30 Engagement Levels on Threads vs. Mastodon0:15:34 Cross-Posting for Maximum User Reach0:16:54 The importance of editing posts and alt tags0:17:45 Controversy over Mastodon Federation0:19:41 Twitter's Reach and Popularity Declining0:20:41 Uncertain Future for Twitter's Financial Success0:21:36 The Stickiness of Social Media Accounts0:23:05 Management's shortcomings and lack of monetization strategy0:24:09 Scaling challenges and the conclusion of the discussion Guests: Web Bixby has been in the insurance business for 40 years and has been an Apple user for longer than that.You can catch up with him on Facebook, Twitter, and LinkedIn. Eric Bolden is into macOS, plants, sci-fi, food, and is a rural internet supporter. You can connect with him on Twitter, by email at embolden@mac.com, on Mastodon at @eabolden@techhub.social, and on his blog, Trending At Work. Brian Flanigan-Arthurs is an educator with a passion for providing results-driven, innovative learning strategies for all students, but particularly those who are at-risk. He is also a tech enthusiast who has a particular affinity for Apple since he first used the Apple IIGS as a student. You can contact Brian on twitter as @brian8944. He also recently opened a Mastodon account at @brian8944@mastodon.cloud. David Ginsburg is the host of the weekly podcast In Touch With iOS where he discusses all things iOS, iPhone, iPad, Apple TV, Apple Watch, and related technologies. He is an IT professional supporting Mac, iOS and Windows users. Visit his YouTube channel at https://youtube.com/daveg65 and find and follow him on Twitter @daveg65 and on Mastodon at @daveg65@mastodon.cloud Jim Rea built his own computer from scratch in 1975, started programming in 1977, and has been an independent Mac developer continuously since 1984. He is the founder of ProVUE Development, and the author of Panorama X, ProVUE's ultra fast RAM based database software for the macOS platform. He's been a speaker at MacTech, MacWorld Expo and other industry conferences. Follow Jim at provue.com and via @provuejim@techhub.social on Mastodon. Ben Roethig has been in the Apple Ecosystem since the System 7 Days. He is the a former Associate Editor with Geek Beat, Co-Founder of The Tech Hangout and Deconstruct and currently shares his thoughts on RoethigTech. Contact him on Twitter and Mastodon. Support: Become a MacVoices Patron on Patreon http://patreon.com/macvoices Enjoy this episode? Make a one-time donation with PayPal Connect: Web: http://macvoices.com Twitter: http://www.twitter.com/chuckjoiner http://www.twitter.com/macvoices Mastodon: https://mastodon.cloud/@chuckjoiner Facebook: http://www.facebook.com/chuck.joiner MacVoices Page on Facebook: http://www.facebook.com/macvoices/ MacVoices Group on Facebook: http://www.facebook.com/groups/macvoice LinkedIn: https://www.linkedin.com/in/chuckjoiner/ Instagram: https://www.instagram.com/chuckjoiner/ Subscribe: Audio in iTunes Video in iTunes Subscribe manually via iTunes or any podcatcher: Audio: http://www.macvoices.com/rss/macvoicesrss Video: http://www.macvoices.com/rss/macvoicesvideorss
The MacVoices Live! panel looks at Meta's launch of Threads, whether it was premature. and explore essential features for a successful social network. Chuck Joiner, David Ginsburg, Jim Rea, Web Bixby, Eric Bolden, and Ben Roethig compare engagement levels with other platforms and highlight the need for content creation and aggregation. We also touch on the challenges faced by X/Twitter and its struggles with monetization, and what each member needs in a social media platform. (Part 3) Today's MacVoices is supported by MacVoices Featured Gear. Get more done with your tech, like the OWC Thunderbolt Hub. No matter which Mac you have, you can always use more connectivity, and the OWC Thunderbolt Hub delivers. Show Notes: Chapters: 0:01:11 Revenue streams beyond phone upgrades 0:02:25 Battery replacement and other revenue-generating services 0:02:45 Threads: Is it a Minimum Viable Product? 0:04:23 Threads: Still in the Shakeout Phase 0:04:46 The Challenge of Retaining Users in a Fast-paced Culture 0:05:22 Twitter Troubles and Exploring Alternatives 0:06:30 Engagement Levels on Threads vs. Mastodon 0:15:34 Cross-Posting for Maximum User Reach 0:16:54 The importance of editing posts and alt tags 0:17:45 Controversy over Mastodon Federation 0:19:41 Twitter's Reach and Popularity Declining 0:20:41 Uncertain Future for Twitter's Financial Success 0:21:36 The Stickiness of Social Media Accounts 0:23:05 Management's shortcomings and lack of monetization strategy 0:24:09 Scaling challenges and the conclusion of the discussion Guests: Web Bixby has been in the insurance business for 40 years and has been an Apple user for longer than that.You can catch up with him on Facebook, Twitter, and LinkedIn. Eric Bolden is into macOS, plants, sci-fi, food, and is a rural internet supporter. You can connect with him on Twitter, by email at embolden@mac.com, on Mastodon at @eabolden@techhub.social, and on his blog, Trending At Work. Brian Flanigan-Arthurs is an educator with a passion for providing results-driven, innovative learning strategies for all students, but particularly those who are at-risk. He is also a tech enthusiast who has a particular affinity for Apple since he first used the Apple IIGS as a student. You can contact Brian on twitter as @brian8944. He also recently opened a Mastodon account at @brian8944@mastodon.cloud. David Ginsburg is the host of the weekly podcast In Touch With iOS where he discusses all things iOS, iPhone, iPad, Apple TV, Apple Watch, and related technologies. He is an IT professional supporting Mac, iOS and Windows users. Visit his YouTube channel at https://youtube.com/daveg65 and find and follow him on Twitter @daveg65 and on Mastodon at @daveg65@mastodon.cloud Jim Rea built his own computer from scratch in 1975, started programming in 1977, and has been an independent Mac developer continuously since 1984. He is the founder of ProVUE Development, and the author of Panorama X, ProVUE's ultra fast RAM based database software for the macOS platform. He's been a speaker at MacTech, MacWorld Expo and other industry conferences. Follow Jim at provue.com and via @provuejim@techhub.social on Mastodon. Ben Roethig has been in the Apple Ecosystem since the System 7 Days. He is the a former Associate Editor with Geek Beat, Co-Founder of The Tech Hangout and Deconstruct and currently shares his thoughts on RoethigTech. Contact him on Twitter and Mastodon. Support: Become a MacVoices Patron on Patreon http://patreon.com/macvoices Enjoy this episode? Make a one-time donation with PayPal Connect: Web: http://macvoices.com Twitter: http://www.twitter.com/chuckjoiner http://www.twitter.com/macvoices Mastodon: https://mastodon.cloud/@chuckjoiner Facebook: http://www.facebook.com/chuck.joiner MacVoices Page on Facebook: http://www.facebook.com/macvoices/ MacVoices Group on Facebook: http://www.facebook.com/groups/macvoice LinkedIn: https://www.linkedin.com/in/chuckjoiner/ Instagram: https://www.instagram.com/chuckjoiner/ Subscribe: Audio in iTunes Video in iTunes Subscribe manually via iTunes or any podcatcher: Audio: http://www.macvoices.com/rss/macvoicesrss Video: http://www.macvoices.com/rss/macvoicesvideorss 00:00:00 Meta's Premature Thread Launch Raises Questions 00:01:11 Revenue streams beyond phone upgrades 00:02:25 Battery replacement and other revenue-generating services 00:02:44 Threads: Is it a Minimum Viable Product? 00:04:22 Threads: Still in the Shakeout Phase 00:04:46 The Challenge of Retaining Users in a Fast-paced Culture 00:05:22 Twitter Troubles and Exploring Alternatives 00:06:29 Engagement Levels on Threads vs. Mastodon 00:15:33 Cross-Posting for Maximum User Reach 00:16:53 The importance of editing posts and alt tags 00:17:45 Controversy over Mastodon Federation 00:19:40 Twitter's Reach and Popularity Declining 00:20:41 Uncertain Future for Twitter's Financial Success 00:21:36 The Stickiness of Social Media Accounts 00:23:05 Management's shortcomings and lack of monetization strategy 00:24:09 Scaling challenges and the conclusion of the discussion
We encounter sticky surfaces and sticky substances everyday, but what exactly IS “stickiness?” In this episode of Stuff to Blow Your Mind, Robert and Joe discuss the physical properties of stickiness and look at some very sticky examples from the natural world. See omnystudio.com/listener for privacy information.
We encounter sticky surfaces and sticky substances everyday, but what exactly IS “stickiness?” In this episode of Stuff to Blow Your Mind, Robert and Joe discuss the physical properties of stickiness and look at some very sticky examples from the natural world.See omnystudio.com/listener for privacy information.
We encounter sticky surfaces and sticky substances everyday, but what exactly IS “stickiness?” In this episode of Stuff to Blow Your Mind, Robert and Joe discuss the physical properties of stickiness and look at some very sticky examples from the natural world. See omnystudio.com/listener for privacy information.
Today's guest is Cooper Drenner. Cooper served in a business development role for Heritage Title for over 9 years. His diverse background serving clients in a variety of roles is an ideal fit for his position at Wildhorn Capital, where he manages the company's capital relationships. -------------------------------------------------------------- [00:00:00] Intro [00:00:41] Cooper's background [00:04:51] Wildhorn's involvement in various forms of housing [00:08:28] The Stickiness of Single Family [00:09:30] The Growth of Austin and San Antonio [00:12:39] Transaction Volume and Cap Rates [00:17:36] Buying Price per Pound and Underwriting Deals [00:19:17] Focus on Build-for-Rent Development Deals [00:23:29] Partnership and Deal Structures in the Build-for-Rent Space [00:26:28] Cooper Dresner's background in commercial real estate [00:26:28] Wildhorn Capital's focus on multi-housing [00:26:28] Various forms of housing -------------------------------------------------------------- Connect with Cooper: Web: https://wildhorncap.com/ Linkedin: https://www.linkedin.com/company/wildhorn-capital/ Connect with Sam: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook: https://www.facebook.com/HowtoscaleCRE/ LinkedIn: https://www.linkedin.com/in/samwilsonhowtoscalecre/ Email me → sam@brickeninvestmentgroup.com SUBSCRIBE and LEAVE A RATING. Listen to How To Scale Commercial Real Estate Investing with Sam Wilson Apple Podcasts: https://podcasts.apple.com/us/podcast/how-to-scale-commercial-real-estate/id1539979234 Spotify: https://open.spotify.com/show/4m0NWYzSvznEIjRBFtCgEL?si=e10d8e039b99475f -------------------------------------------------------------- Want to read the full show notes of the episode? Check it out below: Cooper Drenner (00:00:00) - Where are we? Excellent. They're not giving real estate away in all these great markets. They're. They're are expert in all those spaces. And so it's a little bit of the analogy. Always uses say, what do you, you know, go into a restaurant. It's a lot easier to go to a restaurant that only serves pizza and know that they do pizza well. But it's not. Oftentimes you go to a restaurant and say, you know what, They do great. They do Mexican food well and they do sushi well and they do pizza well. And so I think we're focused every day on being the best operators of multi housing that we can possibly be. Welcome to the How to scale commercial real estate show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big. Sam Wilson (00:00:41) - Cooper Dresner served in a business development role for Heritage Title for over nine years. His diverse background serving clients in a variety of roles, an ideal fit for his position at Wild Horn Capital, where he manages the company's capital relationships. Sam Wilson (00:00:54) - Cooper Welcome to the show. Cooper Drenner (00:00:56) - Thank you, Sam. Thanks for having me. Happy day after Memorial Day, I guess when we're when we're filming this. And so I don't know when folks will be listening to it, but it's good to be back in the office and figuring out how to make things make sense right now. Absolutely. Sam Wilson (00:01:12) - Yeah. We're recording this here on May 30th. We all just came off of a long weekend. Yeah, it was a great a great weekend. I don't know how things were for you there in Austin, Texas, but it was beautiful for us here in Tennessee. Cooper I've got three questions for you, the same three questions I ask every guest who comes on the show in 90s or less. Can you tell me where did you start? Where are you now and how did you get there? Cooper Drenner (00:01:32) - Absolutely. So I started on Born and Raised in Austin, Texas, actually, the only city I've ever lived. So grew up here. Land use attorney son. So I've always been around and involved in commercial real estate business here, went to the University of Texas, got out immediately, went working for a commercial real estate developer and doing retail work, and then, you know, been fortunate again. Cooper Drenner (00:01:55) - So much of I think the my my story and wild horn story is a little bit of the boy who was born on third base but pretends he hit a triple. Austin, Texas has been the fastest growing market as it relates to jobs over the last 15 years. And so much of not just our company, but a lot of companies success has been where we are located and figuring out how we leverage what makes Austin a great place to live and move. And so Wild Horn is a small housing operator based out of central Texas. We focus on kind of all sectors of the housing space and love what we do, love where we get to do it. Sam Wilson (00:02:32) - Man, that's really cool. I'm I truly am jealous of your, um, kind of just hyper focus in one market. I mean, I think that's one thing that people struggle with so much. It's like, Hey, we could do this, we could do that. They're kind of all over the place. But you it sounds like really just been all in on Austin, Texas from the get go. Cooper Drenner (00:02:53) - It doesn't mean we can't get shiny object syndrome just like everybody else. I think sometimes the goal is to make sure you look at something, evaluate it doesn't mean you just turn a blind eye to something that looks interesting. But figuring out how to pick something up quick and put it down quick. Um, you know, one of the other things that we realize is there's, I think as an investor, I like hearing focus because, you know, I do this too. I'm an investor with a lot of other groups, and it's never a great sign when you sit down with someone for coffee and every quarter and they got, Oh, we're now we're doing self storage and now we're going and now we're doing office and now we're doing prep fund or now we're doing an ATM fund or something else is when you talk to Wild Horn, it's going to be Austin focused and it's very likely going to be housing focused in some way, shape or form. Everything we do sort of lends itself to that. And I think, you know, this this podcast focuses on scaling. Cooper Drenner (00:03:45) - I think that has really helped us scale in much the same way. Um, and I think, I think the last thing with it, Sam, is just, you know, where are we? Excellent. They're not giving real estate away in all these great markets. They're, they're are expert in all those spaces. And so it's a little bit of the analogy I always use, as I say, what do you, you know, go into a restaurant? It's a lot easier to go to a restaurant that only serves pizza and know that they do pizza well. But it's not. Oftentimes you go to a restaurant and say, you know what, They do great. They do Mexican food well and they do sushi well and they do pizza well. And so I think we're focused every day on being the best operators of multi housing that we can possibly be. Sam Wilson (00:04:22) - No, that's cool. I like the way you said that when you said, you know, you don't go to get Mexican food, sushi and pizza all on the same on the same. Sam Wilson (00:04:31) - I wouldn't I wouldn't want to go there like just as just from a. Cooper Drenner (00:04:35) - Factory's pretty good but mean they're not excellent at anything and we want to be hyper focused where we can be the best. Sam Wilson (00:04:40) - Right. You said you said you are involved in the housing business in some way, shape or form. What are those various forms then that you're involved in? Cooper Drenner (00:04:51) - Housing for sure. So we own and operate about 4000 apartment units here in Austin traditionally have not been a developer. We've bought and operated assets, kind of our 80 vintage, so b B to B plus all the way to brand new every reason we've done a deal. And I would say the other question that always comes same is how do you capitalize your deals? So we have some deals we've done with institutional partners. We have some deals that we've done with our friends and family network. And if that is interesting to you, um, our website is, is Wild horned and we've got a portal and if you have any interest, feel free to log on and check us out and put yourself on our newsletter to see, to see deals. Cooper Drenner (00:05:33) - And then we've bought deals with just individual families really, that started as $100,000. Investor And you know, after doing business together said, hey, we're having usually it's around a capital event. You know, Hey, we're selling this asset, we're selling this company, we'd like to buy an asset with just you and Wild Horn. So we we currently own and operate about 15 assets. We're a partner in a development in San Marcus called the Merriman, where we partnered with a multi housing developer. Again, this idea about being an owner and operator, the business plan on that asset, Sam, is to go a little bit longer. Our debt made sense to allow us a lot of optionality, especially in a market right now where who knows what interest rates are going to be in the next 24 months. Right. And so we we are going to be taking over the operations of that asset and running the lease up of it. And then we've been working for about the last six months on a on a build for rent platform. Cooper Drenner (00:06:27) - We really again, housing trends I think are pretty similar among markets that are growing, where people are moving that, you know, with interest rates staying high or longer, people are going to be able to own less homes and they're going to be less people that can afford to qualify for loans. But I think at their core, people desire the living experience. A lot of times of a home, which is a yard, a dog where a dog can run, having if you have kids, the ability to have your kids in a separate room having it. I have a I have a single mom and never really appreciated the importance of an attached garage for people that they want to be able to pull their car into their their garage, you know, put the door down and be able to walk directly in their house and never have to go outside. And so we've been working a long time on a on a single family for rent platform that we think we may have our first deal here soon and are excited about that space because if you followed any of the trends nationally, that's been the the hardest place to enter and probably the stickiest place where your renter lives. Sam Wilson (00:07:29) - Yeah, man, the build build for rent is a trend that I just I only see accelerating. And it's something even probably seven, eight years ago, some friends of mine here in the Memphis market were doing build for rent. And I'm like, That's just the weirdest concept. I just couldn't wrap my head around it. And now I'm like, Wow. Like, it's everywhere. I mean, I get it now. Obviously. It's funny you. Cooper Drenner (00:07:53) - Bring. It up. We bought it. We own a deal in San Antonio with a family that is a built for rent deal. Before they were called Bill for rent deals, right? We called it kind of a villa style lock and leave townhome living. And the data is fascinating. Owning one of these, you can operate them more cheaply. Your renter stays, you know typical on a on any kind of multi housing asset. Your renter your your your your interest is about 50% of the time upon renewals. Right. You're turning that unit over 50% of the time in this aspect your your renter stays 70, 75% of the time. Cooper Drenner (00:08:28) - So they're really leaving because they're moving somewhere else. Totally. They've had a really big life change, a divorce. Some kind of splitting or they're buying a house. And so a lot of it's just the stickiness of the quality of life that, you know, a typical single family for rent, housing, either whether it's a duplex or a standalone house, is 15, 1700 square feet, an 800 square foot apartment. Not a lot of times the trends say that people are slashing half their stuff. Uh, those things tend to grow. And if you if you've tracked or invested in the, the self storage space that that has, that has proved that out over the last decade. Sam Wilson (00:09:12) - Right? Yeah. Undoubtedly. Undoubtedly. So you got your hands in build for rent. You have 4000 plus apartments right now and you're in you're solely focused there in the Austin, Texas market. One thing you said is that right or there anything else there in the house? Cooper Drenner (00:09:30) - Essentially Central Texas is probably right. Austin, San Antonio. Sam Wilson (00:09:34) - And the. Cooper Drenner (00:09:34) - Okay, you're down here. Those are those are big growing cities. But it used to feel like forever a farmland in between. But door to door San Antonio is really about an hour from from Austin. And so with the growth of some of the what we're smaller markets but some of the fastest growing cities in the country between those cities are growing together more like Dallas-Fort Worth. And I'm not sure what I'm sure there are other examples of this across the country. But DFW, that has always sort of resonated with people and realizing that those cities have grown together more. And there's been a again, we're on a scaling podcast when when you when you line up the economic development on two cities in one city shrinks or another's weaknesses and vice versa, that has a multiplying effect from a from an economy standpoint. Sam Wilson (00:10:20) - Yeah, no, absolutely. I did not realize that San Antonio was only an hour really from Austin. I mean, that's. Cooper Drenner (00:10:28) - The other dirty little secret is San Antonio's had a more resilient economy than Houston or Dallas. Cooper Drenner (00:10:34) - It's a different economy, but it is, you know, San Antonio with, you know, Austin touts. And I've been involved with Austin's economic development fund for the last decade. But it you know, we really had a group of citizens and a mayor and a governor that got it all together back in 2001. That's the cause for Austin's growth as we started raising economic development funds and four year tranches and started playing the economic development game So well, we've we've probably hosted a thousand cities in the last 16 years. Some of those visits are multiple visits. Nashville, Tennessee being one. Nashville has just copied our plan, which is nothing. That's not a wrong thing. But if you raise the money and you do it correctly, you should. In your line from a city and state perspective, it's really obvious to see why people are fleeing. And no, no shots, but it's obvious to see why people are fleeing. San Francisco, Really? California in general, New York, Illinois, some of the highest tax jurisdiction states right. Cooper Drenner (00:11:35) - Have been the biggest net creators of both jobs and people. Um, San Antonio has been, I think, the number six economy in the country for the last 15 years. Without really trying that hard at it. San Antonio is is also a much bigger city than people realize. I mean, much bigger than Austin. So it it's it's a unique place that if you don't live in Texas you may not understand it very well. Austin gets the above the fold name recognition for good reason. But San Antonio has sort of been the in the analogy of the tortoise and the hare. They have always been the tortoise, but they've just been consistent. Sam Wilson (00:12:11) - No, that's cool. That's great. And what a great spot for you to be in. Let's talk then. I mean, nationwide, multifamily, multifamily, from a transaction standpoint, you know, as of like two weeks ago was down 75% year over year. We Are you guys seeing similar slowdowns? I know Texas is basically its own country. So it's, you know, kind of kind of maybe not comparable to to to, you know, look at it or, you know. Cooper Drenner (00:12:39) - We are I mean, I don't I don't know if 75% on transaction volume, but but we're well above 50. I was going to probably say 60, 65. Um, a little of it. I'll give you this analogy saying or I'll give you this real life example. So we looked at a deal that traded recently, won inside our assets. So I'll just I can only speak to my data, but I think this is proving true. And what you see, you know, our data flow just in an industry, especially in a state, is pretty good. Um, we had about 4% growth to our NOI, our 4% growth to rent growth in Q1. We've seen NOI growth a little bit above that, um, which is great historically, right? Ring growth at 4% would be great. That's way down from where we were for the last year. But historically positive. It seems like that's more by way of renewals than a new tenant. If a new tenants around moving around, they're probably more aware. Cooper Drenner (00:13:34) - They're probably moving because they can't afford what they had a little bit more. They're probably a little bit more careful on what they step into because they've seen things rise, but we're sort of up in that regard. But which is still in all the food groups, the major product types and all the countries is very healthy. So most deals are trading at between still somewhere between a four and a 3:45 and a half cap. Wow. And I know we have a lot of investors that listen to this podcast. I'm always going to pause and throw in what I would call the meter. This is what if I was an investor? As an investor, things I'd be asking about. We've quickly forgotten how to talk about cap rates on what our going in cap is. Yeah. My question always to both a broker and as an investor is, all right, what's my going and cap rate? And someone's gonna say, oh, it's a five cap. Well, you can calculate a going and cap. Is it AT1? Is it AT3? Is it looking forward cap rate? As an investor, you should always ask if it's not t three over t 12 adjusted for what your new taxes are going to be. Cooper Drenner (00:14:36) - And these days, and this is the biggest thing that should be brought up in this podcast a lot going forward is insurance. We're in an insurance crisis in the multi housing market. If it's not T three over t 12 tax and insurance adjusted, we're not talking apples to apples and cap rates. So what I'm talking about a four and a 3:45 and a half cap where deals are trading is um is is t three over t 12 tax and insurance adjusted. But that's where deals are trading, which is still incredibly low. For across the country. Deals are still trading at that level. But I'll also tell you, your price per pound dollar feels really, really good. And so the example I was going to bring up, we had a deal under contract this time last year that we ended up dropping just because the market started really moving dynamically right now. Yeah, we didn't we didn't walk earnest money on this deal. We just we tied it up and very quickly knew our underwriting and the seller did. Cooper Drenner (00:15:28) - We just sort of agreed. Actually I say that we never fully put it under contract. We we just for reputational purposes, wanted to just sort of have a transparent conversation right before we sign the PSA. And we both kind of agreed to go, let's let's see if things settle out. But we had it under contract, I think, at 280 a door, which felt good at the time. It still was down off peak pricing. Sure. That deal I saw in a package for 215 a door recently. It was shown at 20 IRR. And again, an investor question, um, if a deal in central Texas was showing to your base case underwriting a 20 IRR any time over the last decade, something was either too good to be true man, they stole it or something was amiss. At this point, debt was, you know, you're solving for debt that is is much higher than it was. There was a little line item there in the bottom. A question I'd always ask is, in your base case underwriting, are you assuming any kind of refinance or supplemental loan? Just a just a great question, right? Um, because just as a just as a data point, if I knew where interest rates are going to be in two years, I shouldn't need your money. Cooper Drenner (00:16:38) - I shouldn't be doing real estate. I can make an incredible amount of wealth doing a lot easier things than what I'm doing right now. So that's the that's to say, the smartest people still struggle with that answer. The forward looking sofr curve has been historically wrong 100% of the time. It's okay to make guesses. It's okay to say this is what I think it's going to be. But if I'm ever making big financial decisions where all of my returns is based on being able to peg that rate and I'm being inherently on the aggressive side, as an investor, I would be a little dubious. So but to that example I was giving. The deal underwrote better at $285 a door than it did at $215 a door because of where the debt was. So to to. I'm going to make myself a true Texan in this case. It's a great time to buy the cow, but it's a really bad time to buy the milk. Your your cash flow on these deals is never is going to look really poor right now. Cooper Drenner (00:17:36) - But if for some reason, as an owner, you like buying price per pound, which by the way if you're if you can and you can live like that, it's a great time to buy. But your underwriting is going to be really, really not really, really bad, but it's going to be not what you want it to look like. And so you it's a great time to buy deals in Austin and you're seeing deals trade in Austin where people are coming in saying, great, I love this basis. Another interesting data point, Sam, is everyone sort of solving for the same debt? No one's really going in with bridge financing like they were. You know, all buyers are sort of underwriting to the five year agency, five year Freddie note and sort of buying down your your prepayment penalty like three years. And so you're going to live in this sort of onerous debt for three years. But at the end of three years, when if you think interest rates in the market are going to be in a better place. Cooper Drenner (00:18:26) - I do personally do. It's going to be a great time because you're going to have the ability to refinance at that moment and you're going to love your basis, but you're going to be kind of feeding the deal along the way. And I know I use a lot of real estate terms and kind of inside of real estate terms, and that might not be our total audience. But I go back to that. It's a great time to buy the cow. It's just you can't buy the milk as well. Sam Wilson (00:18:48) - Right? Right. Nuts. I like that analogy. I hadn't heard that. And that makes that makes a lot of sense. So it sounds like you guys are pencils up right now and still trying to. Not trying, but still going out and acquiring deals. Cooper Drenner (00:19:03) - You know, we're we're we're we're not totally pencils up. If if we had a family or we had the right bucket of money or a partner that needed to get dollars out because of a 1031 And we have a couple families and folks that we're looking at. Cooper Drenner (00:19:17) - What we're what we think is really interesting right now is if you can figure out how to make developments pencils. So we're working on a couple development deals in the BFR space because to your data point about transaction volume down, the development pipeline is pretty much off the table. I think 80% of the development pipeline across all product types is pencils down because office is sort of a four letter word right now and I'm not sure 100% agree with that, but it is a four letter word to your lender. Right? And and so we're working on and I think we'll be raising on a couple build for rent development deals where our partner on these deals and this platform is going to be is actually a home builder. And so we're choosing to build the deals at smaller margins so we can over we can look past and get past what is somewhat more onerous debt because we're developing into kind of a no supply environment in two years and we can choose to to take a lower margin to make these deals pencil better. And so that's what we're really been mainly focused on in the last six months. Cooper Drenner (00:20:23) - And what I think will be focused on for the next six is, is a build for rent pipeline that we think is really exciting and frankly, is is what renters are telling you they want to do right now as well. So and again, I'm a little superstitious. As soon as I say that, maybe we'll find something on an acquisition standpoint, but I can't be mad at it too much because it's also what has been, as an investor, great comfort that Austin multi housing is still garnering, I think nationwide the lowest cap rates of any product type. It's it's because people are still moving here in droves with an economic development head on. Sam We tend to steal market share in these environments in recessions more so than we do when times are good. Sam Wilson (00:21:09) - Right? Right. No, I like that. I like that. That that makes a lot of sense. I mean, yeah, and there's there's and that was something. I was talking to a banker on Friday and I just said, hey, you know, what's, what's what are you guys not lending on right now? Like, what's a bucket you guys are not looking to fill from a lending perspective? And he goes, new development. Sam Wilson (00:21:31) - He goes, we're just we're just not doing it right now. How are you guys overcoming that obstacle? Are you guys just raising it on cash? What's your how are you now? Cooper Drenner (00:21:39) - We actually we actually got two lender term sheets. So I think that sort of speaks to I think you're right. I don't lenders aren't looking to do deals right now. Just historically. That's not their bent. They're not looking to do deals. Right now. The single family for rent space underwrites really, really well. And being able to to partner and own the expertise of actually doing the construction ourself and self performing in that way and with with our home developer being our partner and who's doing this stuff in central Texas and. Just you know, I think a lender. Right. Is only got a few arrows to shoot and they want to shoot them at the best risk adjusted places to shoot them. And the single family for rent space, I think is the best risk adjusted. So I never thought I would be feeling like I've, you know, shot the moon by getting it to lender term sheets. Cooper Drenner (00:22:32) - But I got two in hand last week, which is a great feeling. So, um, and there's a little bit of not trying to roll the rock uphill. It's, you know, in central Texas a little bit, we're kind of California in this and that we constrain supply by true environmental reasons and it's a little bit it's been our blessing and our curse that Houston's a great city. But again, I told you from the beginning, I'm a land use attorney. Sun So no land use in Houston makes no sense to me. I view everything in that prism of supply and demand. Why is what we have here by right give us an existential advantage versus somebody being able to show up and put it up next to us. And so but yeah, we feel like we've sort of found something. It's not how we started out, by the way. It's not like, Oh, the lenders told us this is what they'll do. And we went searching for it. We kept looking at these type of deals and this opportunity and this partnership and went, This feels like it's still making sense. Cooper Drenner (00:23:29) - Should we keep going? This feels like it's still making sense. Should we keep going? Right. And I think that's a little bit of wild horn. How we think about investments is just intellectually curious. This deal we really like, does it continue to make sense? But but not trying to sort of go, hey, I'm going to grit my teeth and figure out how many times I got to run into this wall to make this thing happen. And so we sort of backed into this this way through this partnership. And then these deal structures and lenders felt the same way. And so that's that's been a comfort man. Sam Wilson (00:23:58) - That's really, really cool. Cooper I've got so many more questions for you. Unfortunately, we are at the end of the show. This is still been a great I'll come. Cooper Drenner (00:24:05) - Back on Sam sometime if you're not sick of me, but I know I'm long winded and I apologize in advance for. Sam Wilson (00:24:11) - That. No, no, you've shared some great stuff with us today. No, not long winded at all. Sam Wilson (00:24:15) - Think. Think. Yeah. You've shared so many things with us. Everything from just how you have been so hyper focused there in Austin and in the I guess you call it the central Texas market. Is that right? Yeah. Cooper Drenner (00:24:27) - Absolutely. Sam Wilson (00:24:29) - Down to San Antonio. You've talked about you guys owning 4000 units. You've talked about why you see opportunity there in the build for rent space. I mean just and yeah, lots and lots of great stuff that you share with us here today. Certainly appreciate you taking the time to come on the show. If our listeners want to get in touch with you and learn more about you, what is the best way to do that? Cooper Drenner (00:24:47) - Yeah, I mean, my partner is is a guy named Andrew Campbell. He actually started Wild Horn and I join Andrew as a partner. We own the deal together and it's we're a small company. We we want to maintain and operate that kind of white glove approach. And so you can access on our website, Wild Horn, we're on LinkedIn and all the other, you know, easy socials to find us. Cooper Drenner (00:25:14) - You'll deal with us. We have a director of investor relations who who helps us. But one of the things that we get high marks on with our investor, Sam, is like we produce a lot of investor content, not just, you know, SaaS about us, but we really want our investors to feel like they know us, that they can get in touch with us, that they know what's happening in our deal. Again, if I'm putting my investor hat on, that's one of the first questions I'm asking is what does that regular cadence look like, good or bad news? As an investor myself, I want to know early. I want to know what our plan is. I want to feel like I trust you. I understand things happen. But I want to. I heard this one time and I'll leave you with this. Everyone always agrees on what happens. Tends to happen when things go really, really well. But I want to invest with and work with the person who thinks like I think when things aren't going well and that's not always when someone can control it. Cooper Drenner (00:26:09) - But I really want to understand how someone thinks in that moment. And I think investor communication is the best way to do that. So if you want to get in touch with us, either our website or on the socials, and we'd be happy to set up a call and introduce ourselves. And sometimes it's easy to meet someone outside of a deal just so you get a chance to know someone when you don't feel like they're pitching you, right? Sam Wilson (00:26:28) - Absolutely. Absolutely. Cooper Thank you again for coming on the show today. I certainly appreciate it. This was loads of fun. Cooper Drenner (00:26:34) - Thanks, Sam. Appreciate you. Sam Wilson (00:26:35) - Hey, thanks for listening to the How to Scale Commercial Real Estate podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen. If you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories. Sam Wilson (00:26:57) - So appreciate you listening. Thanks so much and hope to catch you on the next episode.
Grief and loss are inevitable parts of the human experience, and while we all encounter them at some point in our lives, our individual journeys through grief can each look different. However, one common aspect of grief is its stickiness. One instance of grief often brings front and center other unresolved emotions and past losses to the surface. “When our hearts are breaking and breaking open, the metaphysical world, our team, swoops in to make sure we know we are not alone.” -Patty Lenon In this heartfelt episode, Patty shares her recent encounter with grief, loss, and joy, and how these experiences, though heartbreaking, can also be profoundly beautiful and infused with magic. Here are three powerful truths about grief that can provide solace and support during challenging times: Joyful beginnings can coexist with grief and loss. What we acknowledge, embrace, and express grows in our lives. The more we seek magic, the closer it comes to us. If you're going through an ending, and it's taking a lot from you, know that you're also feeling all the other endings that are not yet fully processed. And if you're going through a joyful beginning, and it's accompanied by feelings of grief and loss, remember that it can be because it's still attached to other endings. If you need help processing your own experiences of grief, or if you want to better recognize and remember the magic happening in your life, you can use The Space for Magic Journal as your guide. Relevant Links: The Space for Magic Journal Learn more about your ad choices. Visit megaphone.fm/adchoices
Oakland Athletics fans conducted a ”Reverse Boycott” earlier this week in an attempt to get the owners to sell the team. But what does that actually accomplish? Jake and Jordan break it down, along with A's fan Kyle Madson who was one of the 28,000 (!) fans in attendance. Then, Jake and Jordan dive into an incredibly underwhelming Subway Series, celebrate the resurgence of Gary Sanchez and Aaron Hicks, marvel at Gunnar Henderson's Grand Slam, and ask the burning question: What would a hypothetical “Unimmaculate Inning” be? (And the answer is not "maculate".)Merch Link: podswag.com/baseball
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week, including a preview of the US May Jobs Report, a look inside to the Treasury Department's Payment Structure as Congress continues their debt ceiling standoff, what China's PMIs is telling us about China's economic recovery, and why ECB bankers are looking forward to the upcoming inflation data. See omnystudio.com/listener for privacy information.
Parents! Listen to this podcast, audiobooks and more on Storybutton, without your kids needing to use a screened device or your phone. Listen with no fees or subscriptions.—> Order Storybutton Today The Spy Starter Pack Birthday Shout Out Join the HEYMRJIM Family
Parents! Listen to this podcast, audiobooks and more on Storybutton, without your kids needing to use a screened device or your phone. Listen with no fees or subscriptions.—> Order Storybutton Today The Spy Starter Pack Birthday Shout Out Join the HEYMRJIM Family
Parents! Listen to this podcast, audiobooks and more on Storybutton, without your kids needing to use a screened device or your phone. Listen with no fees or subscriptions.—> Order Storybutton Today The Spy Starter Pack Birthday Shout Out Join the HEYMRJIM Family
Hellooooo :))) Can you heeaaarrr me? :D Here's an immature unboxing video of Galaxy s23 phone if you like those. Its very chill and easy flowing as I could do one take only haha :D Hope you'll like it, thank you for watching ♥ 00:00 Box 04:13 Phone 09:08 Protective Glass installation 12:44 Stickiness :) 17:38 More stickiness :D 22:26 Sticker stickiness :} 24:01 Case 25:40 Struggling 28:28 Brushes on phone, a week later 31:21 Looking at picture quality 33:57 Favorite channels 34:34 Sarah Lavender ASMR https://www.youtube.com/@SarahLavenderASMR 39:39 Janey, Garden channel https://www.youtube.com/@DigPlantWaterRepeat 40:25 Lynn Cunnamon ASMR https://www.youtube.com/@LynnCinnamonASMR 41:36 Eternal ASMR https://www.youtube.com/@eternalasmr 43:43 My sister ASMRsense https://www.youtube.com/@ASMRsense 47:11 Edafoxx ASMR https://www.youtube.com/@edafoxxASMR 49:44 Dasha https://www.youtube.com/@DashaYarzzeva 51:25 Ozley ASMR https://www.youtube.com/@OzleyASMR 54:00 Silent tapping on ribbed case Thank you for being here! :) #ASMR #GentleWhispering #samsunggalaxys23 --- Send in a voice message: https://podcasters.spotify.com/pod/show/maria-gentlewhispering/message Support this podcast: https://podcasters.spotify.com/pod/show/maria-gentlewhispering/support
Today, we welcome Jack Soslow, an Investor in Andreessen Horowitz's Gaming group. A16z, a major global venture capital fund, has invested in companies like Airbnb, Groupon, Facebook, GitHub, and Roblox. In 2022, the Games Fund I closed at $600 million, targeting Games Studios, Games x Consumer, and Infrastructure. During the discussion, Jack delves into his path to VC, product testing, the distinction between AR and VR, education gaming, generative AI, and women in gaming.Episode Chapters:Joining Oculus and Interest in Data Science - 00:48Breaking into a16z - 5:00Starting the Games Fund - 7:41Gaming Defined - 10:24Qualities in a Gaming Studio Investment - 13:06Success in a Single Title - 17:13Augmented and Virtual Reality - 19:35Product Testing and Stickiness - 23:20Generative AI on the Creative Workspace - 25:15Use Cases Beyond Traditional Games - 30:06Women in Gaming - 32:00Ending Questions - 33:35As always, feel free to contact us at partnerpathpodcast@gmail.com. We would love to hear ideas for content, guests, and overall feedback.
Dr. Mark McDonald and Dr. Jeff Barke spend time with Dr. Ryan Cole discussing remedies for Long COVID and the stickiness of science with Dr. Ryan Cole. Dr Cole has been on the forefront of science-based information dispelling the government narrative about mRNA injections and other forms of propaganda pushed out by various government and non-government organizations hoping to capitalize on the profitdemic. Follow the money and watch how “the science” changes, manipulates, and gets harder to follow.Find Dr. Ryan Cole here:@DRCole12 on Twitter or rcolemd.comEnjoy more Informed Dissent content here: https://informeddissentmedia.com/The Morning Message with Dr. Jeff Barke is here: https://www.rxforliberty.com/general-2Dr. Mark McDonald's Substack writings are here: https://substack.com/profile/44728869-mark-mcdonald-md Support the showFor more Informed Dissent visit our website at Informed Dissent Media
Larry McDonald (@convertbond), author of the New York Times bestseller “A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers,” and founder of The Bear Traps Report, a weekly independent macro research platform focusing on global political and systemic risk with actionable trade ideas, joined Julia La Roche on episode 59. In this episode, Larry explains that trillions of dollars are currently misallocated. In other words, a ton of wealth is invested in a world designed for inflation normalization to 2% or less. Larry makes a case that inflation will be stickier, and we'll see inflation likely normalize at 4% instead of 2%. Elsewhere, he points out that many on Wall Street have been discussing the “no landing” scenario as a good thing. However, he explains that it's bad because without it — and without 9 to 10% unemployment — the Fed can't kill inflation. 0:00 Intro 0:44 “Delivering pizzas” to get a job on Wall Street 4:11 Background 6:13 Democratizing information 9:14 Stickiness of inflation 11:11 Trillions of dollars are misallocated 14:20 $1 million in 6-month T-bills = $51,000 of interest 16:00 Inflation is a threat to growth stocks 18:25 Opportunities in global value stock portfolios 20:41 Next crisis that's coming is from a government point of view 24:00 We've permanently come into a new higher interest rate regime 24:07 Debt jubilee? 27:43 Why a soft landing or no landing is really a bad thing 30:00 Economic divide, Occupy Wall Street 2.0? 35:06 Question for Fed Chair Jerome Powell 37:02 Only way to kill inflation is with a hard landing 39:19 When you don't allow the business cycle to function you create more excesses 42:40 Opportunities in the macro environment 46:59 Renaissance in EM bond, equity funds 49:04 Reconfiguring supply chains 53:53 Young investors want to go back to the same playbook 57:02 Parting thoughts
Cory Anderson cracked the code on customer stickiness by writing his own rules. As president of M&A Supply based out of Nashville, this third-generation leader has gone all-in on providing a peak customer experience in the hyper-competitive HVAC vertical. Jason caught up with Cory to discuss his company's technology journey, the goal-setting tool it relies on to manage growth, and why M&A invests in large-scale incentive trips, even when the bottom-line returns are difficult to quantify. CONNECT WITH JASON LinkedIn CONNECT WITH CORY LinkedIn *** Distribution Talk is produced by The Distribution Team, a consulting services firm dedicated to helping wholesale distribution clients remove barriers to profitability, generate wealth and achieve personal goals. This episode was edited & mixed by The Creative Impostor Studios. https://www.distributionteam.com Special thanks to our sponsor for this episode: HMI Performance Incentives, providing innovative, data-driven B2B incentive solutions.
Apply the principles of Amazon Prime and Uber One to your business. Give up the immediate gratification of MRR and play the ARR long game.Let's talk about membership. Stickiness. Brand loyalty. There is one aspect I want you to focus on: Sell access (to you).Related episodes (mini-pods):Four Types of Leverage in Your Business (play on Spotify)Marketing is about Perception, Not Product (play on Spotify)Sell the Problem You Solve, Not the Product You Have (play on Spotify)No one can argue against the value that Amazon Prime delivers. JPMorgan analyst Doug Anmuth estimated the true value of an Amazon Prime membership to be worth around $1,000 if you were to fully price out each service. (Via TheFly / JPMorgan)In 2023, about 70% of US households have Amazon Prime. That's more than those who decorate a Christmas tree, have a pet, or voted in the presidential elections. (Via Scott Galloway on Pivot podcast.) Amazon Prime membership benefits:Free two-day shipping, plus extra privileges like music and video streaming$139 annual feeUber One membership benefits:Member pricing guaranteed: 5% off eligible rides and orders on food, grocery, alcohol and morePriority service: Top-rated drivers, and Uber One PromiseUnlimited $0 Delivery Fee on eligible ordersExclusive access to perks: Premium member support, special offers, invite-only experiences$9.99 per month or $99.99 per yearVideo mentioned (Amazon shopping tips) - Our Favorite Spending Hacks with Brittney Castro, CFPThinkersOne: buy a personalized video greeting, a Zoom drop-in, or conference keynote:https://thinkersone.com/collections/featured-though-leaders/products/emily-binder?variant=41990647480488Follow me/connect:My website | LinkedIn | Twitter | Instagram | TikTok | YouTube | Get email updates Hosted on Acast. See acast.com/privacy for more information.
Jeff Arnold, COO with United Group of Companies, gives us a look into what a fairly new program called Active Adult that has started sweeping through the Senior Living industry. Hear what it means, and how it can change the dynamic between community and resident, or even among the residents themselves.
Now that Europe has a six-month plan to embargo Russian oil, a kind of Realpolitik of energy is coming into play making clear the limits of the energy transition and who holds the winning hand in the serious geopolitical game underway.
You probably have all sorts of batteries in your home. This episode begins with some interesting intel about batteries including how to use them, what NOT to do with them and how to store them properly. https://www.kickassfacts.com/battery-facts/ AI - or artificial intelligence is creeping into our lives more and more. In many ways AI is better at doing things than humans can but there is a downside. In fact several downsides to AI according to Jacob Ward, NBC News Technology Correspondent, and author of the book The Loop: How Technology is Creating a World Without Choice and How to Fight Back (https://amzn.to/3JBMmh2). Listen as Jacob explains how artificial intelligence is used in medicine, retail, government and other areas and how provides benefits and also creates problems. Are you familiar with the term “tribology”? I wasn't until I spoke with physicist Laurie Winkless author the book Sticky: The Secret Science of Surfaces (https://amzn.to/3JwTg7i). Tribology is the science of surfaces and how they interact with other surfaces and why some surfaces stick together and some don't and why some things feel good to the touch and others not. Laurie joins me to explain this fascinating yet little known part of physics and how it impacts your life. Getting something is good but not LOSING something is even better - at least for most people. This is an important principle often used in advertising and marketing and something you can use in your attempts to persuade people. Listen as I explain. Source: Noah Goldstein author of The Little Book of Yes (https://amzn.to/3ipi4SW). PLEASE SUPPORT OUR SPONSORS! We really like The Jordan Harbinger Show! Check out https://jordanharbinger.com/start OR search for it on Apple Podcasts, Spotify or wherever you listen! Helix Sleep is offering up to $200 off all mattress orders AND two free pillows for our listeners at https://helixsleep.com/sysk. Truebill is the smartest way to manage your finances. The average person saves $720 per year with Truebill. Get started today at https://Truebill.com/SYSK! Go to https://Therabody.com/Something to get your Therabody RecoveryAir today! Sign up for your FREE Novo business checking account RIGHT NOW at https://Novo.co/Something and you'll get access to over $5,000 in perks and discounts! Discover matches all the cash back you've earned at the end of your first year! Learn more at https://discover.com/match M1 Finance is a sleek, fully integrated financial platform that lets you manage your cash flow with a few taps and it's free to start. Head to https://m1finance.com/something to get started! To see the all new Lexus NX and to discover everything it was designed to do for you, visit https://Lexus.com/NX Use SheetzGo on the Sheetz app! Just open the app, scan your snacks, tap your payment method and go! Learn more about your ad choices. Visit megaphone.fm/adchoices
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