Posts filed under “Venture Capital”
My fishing pal and hedge fund buddy Scott forwards along an email from an anonymous analyst in Asia, who is somewhat perplexed by the massive “rent to flip” private equity investment in US distressed (or not so distressed) homes:
Take a look at the number of houses for rent in Phoenix. This is from Silver Bay, one of many Wall Street REO to rental companies, not to mention all the private big and small investors. The snap shot above was taken today off their website.
The following is the snap shot I took on March 18, almost exactly 4 months ago.
How the hell can they be making money when there are so many empty houses cooking in the desert sun? How can they possibly generate those double digit cap rates?
Sooner or later, these Wall Street OPM is going to lose interest. I like to see how Bernanke is going to carry the pump all by himself to inflate this real estate recovery story.
Source: Silver Bay Management
Its Friday, and has become my wont, this is the day of the week I like to kick back, wax philosophical about various thoughts kicking about me noggin. One of the things that I have been noticing of late is the way so many people seem to confuse facts with forecasts. Twitter is rife with…Read More
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Real Economy Avoids Risk-Taking as Wall Street Embraces It:
“Has the intrepid American entrepreneur turned timid? Is the courageous, risk-embracing business pioneer becoming like the cowboy: a popular icon of a bygone time rather than a reflection of what America has become?
We might not be quite there. But there is a broad array of evidence, much of it hashed out in a long Wall Street Journal feature, that American workers and companies have grown more risk-averse in recent years.
Companies are less eager to expand payrolls to grow; the rate of small-business creation has ebbed; investment in startups is sluggish; workers are less likely to leave a job for a better opportunity; families aren’t as willing to move to a part of the country with more vibrant economic prospects. If these trends persist, it will restrain the pace of long-term economic growth.”
In the closing keynote of NEXT Berlin 2013, acclaimed science-fiction author and journalist Bruce Sterling tackled a variety of topics like design fiction, start-up culture, and the mass adoption of disruptive technology. He sees science fiction as a form of design – design fiction that is part of the start-up.
Back in 2011, we showed The China Startup Report — a crash course by Bowei Gai. He is now traveling to 29 countries to analyze the market trends, opportunities and financial resources available to entrepreneurs in each ecosystem. India Startup Report from World Startup Report