
ZIC
8.3K posts

ZIC
@Z_ICC
Don't mind me, I'm just a spectator.
nowhere Katılım Haziran 2009
3.6K Takip Edilen352 Takipçiler

@aakashgupta So what? He made bank and you are twitter-finger-detectiving. A few million in a fine. Big whoop.
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The NYT just profiled Medvi as the AI success story of the decade. $1.8B in projected revenue, 2 employees, Sam Altman's prediction made real.
Here's what the NYT didn't lead with.
Medvi received FDA Warning Letter #721455 in February 2026 for misbranding violations. Their clinician network OpenLoop suffered a data breach in January 2026 that exposed 1.6 million patient records. Futurism reported they used AI-generated deepfake before-and-after photos in their marketing. A class action lawsuit was filed in Delaware in November 2025. And now they're running 800+ fake doctor accounts on Facebook to sell compounded GLP-1s.
The company holds no proprietary technology, no licensed physician network, no pharmacy infrastructure. It outsources every regulated function to CareValidate and OpenLoop while keeping the customer relationship, checkout flow, and ad spend. The entire business is a marketing layer on top of rented infrastructure, and the marketing itself is built on fabricated medical credentials.
Hims did $2.4B in revenue last year with 2,442 employees and a 5.5% net margin. Medvi claims 16.2% net margin with 2 people. The margin difference tells you where the compliance spending went.
The AI built the website. The AI runs customer service. The AI generated the deepfake before-and-afters. And now 800+ fake doctor accounts are running paid ads on Facebook. The entire company is an AI-powered fraud machine that happens to also sell real drugs.
Sheel Mohnot@pitdesi
They made facebook accounts for 800+ fake doctors (I had Claude verify, none of them are actually doctors, especially not "Dr. Tuckr Carlzyn MD") to advertise on Facebook. This is extremely illegal, just takes FTC to notice it and it'll be hard for them to advertise on FB
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@PrincipatusCap @GenXual @jacob__titus All more support for soft prices. I’m still not seeing a negative of buying land up there at this time.
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@Z_ICC @GenXual @jacob__titus Mass migration + negative real rates + anti dev policy pumped the market. Those are now all unwnding.
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Buy land in this basin.

philip lewis@Phil_Lewis_
"In growing numbers, [people are] flying to the Midwest to find a place to live. In the past couple of years, the region has become a popular place to relocate; three of the country’s five fastest-growing metro areas are there." theatlantic.com/family/2026/03…
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@PrincipatusCap @GenXual @jacob__titus That all sounds like a win. Lower population and fake fear. Why not scoop some cheap land while it plays out? What is negative?
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Real estate topped early 2022, seen a -30% peak to trough decline across Southern Ontario since then.
Aboriginal land claims getting serious hearings in Canadian courts introducing risk to fee simple title ownership. See recent BC court decisions.
Net negative population growth started last quarter with drop in immigration.
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@jacob__titus Brother don't buy on the Canadian side, you have no idea what's going on up here.
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@DrDiGiorgio Well, one of you obviously needs to become a real estate professional.
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I’m a Republican. I supported Trump. I raised money for him, I voted for him. I donated $60,000 to his campaign.
Trump lied. He rugpulled us all. I didn’t vote for Lindsey Graham / America Second policies.
You can disagree with me if you want. It’s your right to be fooled. But if you say I have “TDS” or am a “liberal” you need a new argument. There are millions of conservatives and members of the now torched “broad coalition” just like me.
The only ones left supporting him are MAGA always Trumpers who place the man above the policies and our country.

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@yankeefina87656 @Investor_NICK_ So what? The fat bank roll is their “game”. Why do they need to be suave?
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@Investor_NICK_ Miami is the prostitution capital of the world and that is what you see. Prostitution. Also, the miami guys you describe above have no game at all. That’s what I have seen. They need to pay for it.
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Over the objections of top Army leaders Hegseth has removed 2 Black and 2 female officers from one-star promotion list.
nytimes.com/2026/03/27/us/…
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Going to an HBCU might be better for Black students’ health, according to a recent study
‘At age 62, Black adults who had attended an HBCU had better memory and cognitive function than those who attended a PWI’ theguardian.com/us-news/2026/m…
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@LionPhlox @1stclassclips But you are super okay with his dropping the “n-word” and saying that diversity is hell?
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This is where Nick loses me sometimes. He says he loves Jesus Christ and is a Christian, then blasts a man for displaying the same kind of love and forgiveness that Jesus pleaded for his followers to show when he was here.
Can’t have it both ways, can’t claim to follow Jesus but pick and choose what to follow.
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Had a meeting this week with a legend in multifamily.
10,000+ doors
96% occupancy
Ridiculously low LTVs
Sub-4% debt on 7-10 year loans.
Iron clad.
The calm in this man's energy, my heavens. Just completely settled, confident.
Here are 10 nuggets from the meeting:
1) First, you've never heard of this man. He's not on social media. Doesn't wear a watch. Isn't a guru. Just a guy that's been buying property forever and operates it. If you saw him walking down the street, you'd think he was a cool suburban dad.
2) Portfolio is at 96% in a soft market. How? They keep rents low. As @resetbasis always says, rent is the ultimate competitive advantage. As such, they get 70% renewals and sub-1% delinquency.
3) They selectively sell older assets that will need substantial capex and 1031. Since few good A- or B class deals are trading, they are simply 1031'ing into new development they are doing themselves. He said he still cannot believe the prices people are paying for older product. Doesn't even underwrite the deals that come in from several local brokers.
4) Re: New construction, they are getting the units built for ridiculously low costs ($160k/door all-in). How? They're not trying to build resort-style product with granite countertops and yoga studios. It's "approachable A class", which for all intents and purposes is B class. Again, rents below market. They'll lease up in no time. Set it and forget it.
5) Said much of his career has been sitting on his hands doing nothing. Deals need to hit 10% cash on cash at stabilization and grow from there or they don't move (He said: Why would you invest in multifamily for 6% cash flow when you can buy the S&P?). They plan to hold indefinitely and return capital as the market allows.
6) Sees no real opportunities in primary and secondary markets. Tertiary, though, he is seeing a small window opening. Not nearly as much supply (and in some regions, zero new supply), still can have favorable demand drivers/employers.
7) We asked what he'd do in our shoes at 2000 units if we want to build a business that stands the test of time like his. He basically said: keep doing what you're doing, never betray conservative criteria, never get cute with debt, treat residents excellently, and stay out of the press.
8) Real Talk: He politely scolded us for making no money on property management (we don't). He said with our track record we deserve to get paid for working long days managing the assets ourselves with excellence, particularly if we are exceeding pro forma.
9) He resonated with our deal structure (straight split w/no AM fee), and mentioned that is how they have structured their deals for 30+ years. They only partner with a very small list of high net worth LPs that have grown with them since humble beginnings. Obviously their track record is immaculate.
10) Decorum: He printed out my email exchanges with carefully thought out answers to my questions handwritten in the margins. He took notes when I was speaking the entire time. Not a whiff of ego. Genuinely was trying to get to know us, share his experience, and connect. Offered to be a sounding board for us going forward. Extremely generous.
It's humbling to talk with someone who has seen and navigated it all. Operated through the GFC. Kept clean, stayed discipined, didn't rush. Flew under the radar.
Built something that will live forever.
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Another CPA firm (<5M EBITDA) just got an IOI at 12X. 80% cash at close.
Twitter still in disbelief. They didn't believe me last time when one sold at 10X and won't believe it again this time at 12X.
Meanwhile, if you have a firm that's dialed in and doing 7-figures of EBITDA, let me know if you want to sell!
I know who is paying.
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@NicholasVivian This is a sophisticated firm with the owners not doing billable work, great team, great tech. Not a stereotypical small CPA firm.
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@JustAFamilyMan_ Elbow deep in baby showers and ain’t seen a wedding in nearly three generations….
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Of course black family reunions are down. You have entire bloodlines dying out, because many ppl especially in my generation (Black Millennials) refuse to participate in family formation.
Jackson Harlem@JacksonHarlem
🚨America, Restore Your Family Reunions‼️❤️🩹
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