Curated from: hackedongrowth.blogspot.com
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You've certainly seen that real estate flip shows on TV when an extremely attractive couple buys a shabby house in a growing neighborhood.
Over the course of an hour, you'll see them destroy a wall here, build a deck there, and deal with a few problems like bad weather or unplanned costs as the show comes to a close.
A virtual tour of a stylish new residence with designer furniture and excellent landscaping is shown. The auction will then start. The property sells for a great profit, and the couple is now cash rich and looking for their next adventure.
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There are several strings attached to private equity, the majority of which are financial in nature. Let's take a look at some numbers to see why. Private equity has more than quadrupled in the last decade to become a $12 trillion sector. Yes, that's correct. It's not a million. It's not a billion. Trillion. And it's projected to double again in the coming decade. Private equity is taking place all over the world, infiltrating our daily lives without our knowledge.
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It would motivate me for work I have done by clicking on it and algorithms in Medium
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IDEAS CURATED BY
CURATOR'S NOTE
What’s up, it’s @hackedongrowth here, We all enjoy stories about rags to riches. They evoke not just illusions of riches, but also optimism. If someone else can convert nothing into plenty, perhaps we can as well. However, the majority of Americans turn sour as the affluent get richer. We read about founders and partners flying around in private jets and earning hundreds of millions.
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