Apr 3, 2023
In this episode, Pancham interviews Tim Milazzo, co-founder and CEO of StackSource. He identified the market opportunity for a tech-enabled commercial real estate financing platform.
Before StackSource, Tim worked for tech giants Facebook and Google to help expand online advertising.
He comes from a family with a history in real estate. Listen and let's know more about Tim on our podcast!
Listen and enjoy the show!
Quote:
"There are risks associated with trying new opportunities, but you will regret not doing it."
Timestamped Show notes:
- 0:35 - Pancham introduces Tim Milazzo to the show
- 2:08 - How he started in StackSource, and his journey before this
- 5:35 - What StackSource is all about
- 10:46 - Tim's hard decision to leave the tech giants he worked with
- 14:20 - Competitors of StackSource in tech-enabled real estate
- 20:44 - Debt funds are taking more market share than banks now
- 24:16 - Pricing for StackSource services
- 30:50 - First time Tim invested outside of Wall Street
- 31:55 - Fears he had to overcome in his first deal
- 34:32 - His advice for people starting their investing journey
- 35:59 - How can you connect with Tim
3 Key Points:
- The market has shifted, capital is getting more expensive, and the interest rate has been rising for the last year.
- Lenders are getting more cautious when they want less exposure to certain asset types.
- Debt funds, defined as private lending vehicles, take more market share than banks nowadays.
Get in Touch:
- StackSource Website - https://www.wealthwithoutwallstreet.com/
- The Gold Collar Investor Club - https://thegoldcollarinvestor.com/club/
- Pancham Gupta Email - p@thegoldcollarinvestor.com