Abrar

@seandsweeney @devin_sami @tferriss its got to be some combination of the fact that he is a phenomenal storyteller and his stories are actually substantive and interesting...all of these musicians that are now household names he crossed paths with before they got big

@devin_sami @pashavelli @tferriss Really? Why?

What is your absolute all-time favorite podcast episode? I’ve got 3+ hours in the car today. Going to look at a deal outside my market and want something great to pass the time! Drop it here.

@seandsweeney My favorite is their Camelview Village in Scottsdale. Looks like nothing you've ever seen in person

I was today years old when I learned about Optima, Inc. Design-driven, modernist multifamily developer. Big fan and currently studying their work!

@realmatt_re People start to borrow from other project deposits to finish work, no discipline. Actually think getting ADUs to truly scale is a matter of figuring out financing. Construction is simple enough.

@realmatt_re A combination of company specific issues (leadership couldn’t manage scale) and structural (GC’s are effectively partial financiers of the ADUs given they are often floating labor and material between completion & release of funds - when volume spikes this is hard to manage)

This is like the 5th ADU company in just Northern California to ghost their customers. Why have ADUs become such a scummy industry? abc10.com/article/news/l…

@mnolangray We're working on two SB684 applications in Sacramento - one in Oak Park and one in Tahoe Park - would love to share with you

This project is using SB 684-1123 to make the condominium subdivision review ministerial. A homeownership project that might otherwise have been a rental. Very cool!

GFY Congressman.

@Melt_Dem In case you're taking late applications, thought I'd lob one in for GridGPT - we build AI agents that automate grid interconnection studies

thanks to everyone who sent in something - appreciate you taking the time and energy, sending emails now selected co's include: ⚡️intelligent PDUs 🏭 domestic power component production 💻 adiabatic chips ⛅️ inference cloud ⚙️ domestic parts machining 💸 billing + payments OS

@SacAppraiser has there been any work done, or do you have a best guess, on how many homes would need to enter the market (atleast in sacramento) to meet current demand

So much talk about another 2008 price collapse, but that's very challenging to get with 2026 stats. I'm not sugarcoating. All I'm saying is very limited supply has kept prices higher. Not much of a dip over the past four years. The market has felt very stuck. Any thoughts?

@Sohaibashraf97 Would refer you to Charlie Rose if you want to study one of the best interviewers to do it

unintended skillset I've gained from podcasting is getting much better at asking questions when I listen to people now, I've become obsessed with the questions that people ask and how they ask it solid questions is the driver for higher quality conversations

@nicochristie @Fundamental Hook it up!

Comment for an invite code and I will send you one ASAP! We will need to scale this gradually as Shortcut is pretty token-hungry. Tryshortcut.ai A huge thanks to our special projects team of researchers and engineers at @Fundamental

Codes are limited at tryshortcut.ai Beyond doing your work, it also has near perfect feature parity on Excel. Directly edit, import, and export files. That means there is no reason to go back to Excel. It's like going back to VScode after Cursor.

@SacAppraiser Great time to grab a citi bike and roam the city - will completely change your experience of New York. Food wise gotta try Cafe Mogador / Minetta Tavern / Yemen Cafe / L’Industrie Pizza

Looking for some advice. My wife and I are going to New York City at the beginning of October. No kids. Any suggestions on what to do at that time of year? We took the family before in the spring, but the vibe might be different in October. Can you help a brother out? Thanks.

@CoFoundersNik if sale hasn't closed, obvious move is gift equity to a non grantor trust in a no state tax (though this can come into question if not done in advance enough) charitable remainder trust also may be an option if sale not final if sale done give to a DAF :)

@dieworkwear any context you can provide on the ghutrah being tucked between the buttons? Haven’t seen that before

Asset class performance source: Blackstone Essentials, Private Markets 2025

@BoilerPlateCPA Hellman & Friedman did a rollup with Hub International where they went around buying up regional advisors. Kept advisors (read: relationships) in place but consolidated back end. I think they bought for $4b in 2013. Now worth $29b. One way to get good exposure.

Wealth Management is a fucking amazing business model and I want to get into it. - Sticky clients. Once someone hands you their life savings, they usually don’t yank it out overnight. Even during down markets, churn is surprisingly low. - Incredible gross margins. You don’t need huge headcount to manage $200M in AUM. - Cross-sell opportunities. Trusts, estate planning, tax strategy, insurance, etc. - Built-in growth. If your clients are growing their net worth, your fees grow too. I thought about acquiring one, but I’m not sure how it’d work. These firms are suuuper relationship driven, tons of trust built over decades with the seller. I also don’t have the credibility right now that a rollup already managing $2B has. (My guess is that multiples are also correspondingly high because the business model is so great) There could be another play - bring a competent wealth manager in-house, sell that service to our existing clients, and for acquisitions it’s be structured more as a careful handoff of a book of business. I read somewhere that the average age of an RIA is 50. So there could be a big opportunity here in the next decade to build relationships with these folks early

@seandsweeney Kinara! Amazing Indian fusion

What’s the best restaurant in San Francisco right now? Might be stopping in for one night and want to take my wife somewhere amazing. Who is the SF foodie on here and can help me?

Might be worth it if you could get access to Ribbit Capital

@seandsweeney Would you consider raising a private equity style fund for something like this? Say $100m spread across 10 properties. Get the capital committed for 7-10 years.

@pashavelli Yeah, FOs probably aren't who I need here.

If a genie granted me one wish right now, I’d ask for the following: “A firm or family office with deep pockets that sees how undersupplied rental housing is overall and thinks long term. Someone that understands development deals and predevelopment pursuits started now will likely not return capital immediately, but be perfectly timed when delivered to the market in 3-5 years and is ready to go. Someone that wants to JV with us and let us work our magic and deliver a ton of great housing to the market in 5 years.” Thank you, genie!