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Posts by Ricky Nave

link to Why Redfin Isn’t Profitable (Even After Raising Over Half a Billion Dollars)

Why Redfin Isn’t Profitable (Even After Raising Over Half a Billion Dollars)

I read 1,800 employee reviews & 2000 app reviews to understand why Redfin isn't profitable, despite raising over $500 million. Here's what I discovered: 1. Redfin employee training...

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link to I Want to Roll-Up Truck Parking Lots

I Want to Roll-Up Truck Parking Lots

Last week, I talked to a guy who owns several truck stops, a diesel fuel wholesaling company, and a portfolio of industrial real estate. He told me that he could buy truck parking lots and rent them...

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link to 24 Types of Viral Business Tweets

24 Types of Viral Business Tweets

Want to make viral tweets for a business audience? Here are 24 patterns you can use. 1. Point out a common, obvious mistake Strip Mall Guy currently has 214.7k followers, and this tweet from a...

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link to How FedEx Invented the Christmas Miracle

How FedEx Invented the Christmas Miracle

Santa undoubtedly learned how to deliver billions of packages around the world, by aircraft, in a single night, by emulating FedEx. In 1971, Yale alumni Fred Smith founded FedEx with the goal of...

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link to Zillow’s Business Model

Zillow’s Business Model

Primary Business: Advertising / lead gen for real estate buyers' agents Secondary Businesses: Rental unit advertising Property management software Mortgage origination Escrow...

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link to The Most Commonly Negotiated Terms of a Home Sale (other than Price)

The Most Commonly Negotiated Terms of a Home Sale (other than Price)

Sale isn't the only thing negotiated between buyer and seller. Here are 8 of the the most commonly negotiated terms of a home purchase (other than price): 1. Contingencies A contingency in a...

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About the Author

In college, Ricky studied physics & math, won a prestigious research competition hosted by Oak Ridge National Laboratory, started several small businesses including an energy chewing gum business and a computer repair business, and graduated with a thesis in algebraic topology. After graduating, Ricky attended grad school at Duke University in the mathematics PhD program where he worked on quantum algorithms & non-Euclidean geometry models for flexible proteins. He also worked in cybersecurity at Los Alamos during this time before eventually dropping out of grad school to join a startup working on formal semantic modeling for legal documents. Finally, he left that startup to start his own in the finance & crypto space. Now, he helps entrepreneurs pay less capital gains tax.

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