“Encouraged folks to do take incremental steps forward rather than trying to embark on the overall massive project”
AF
Amy Fred
All Things Internal Audit ·
“Most developers, including myself, are getting capitalized interest, which means I don't have to pay it every month. I pay it when I finish the project, sell down, the bank gets the debt, then the interest rate repayment”
David Hamilton · Inside Commercial Property · #77 - Commercial Property: What's Rising, What's Not, and Why | Scott O'Neill & David Hamilton
Play from 1:04:09
1:04:09
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What was described
used capitalized interest on development projects so interest is only paid at project completion rather than monthly
interest rates 8-10%, effective rate a couple percent lower
Said nearby on the same subject
“I was going to do it monthly, but I started reaching out to interesting people and they all said, yeah, sign me up... so instead of monthly, it became a weekly thing. And it's one of the most popular things about the site”
DB
Dan Barahona
The GRC Engineering Club's AntiCheckBox Podcast ·
“We have maybe 20% of the people who work at X aren't on one of the projects… they act as a kind of vector, transplanting interesting ideas and learnings from one team to another.”
AT
Astro Teller X
Think Fast Talk Smart: Communication Techniques ·
“We will agree to do a project that can go into production only if it delivers value period ... we will put our capital where our mouth is”
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