Rocket Companies CEO: Here’s How to Fix the Housing Crisis

a16z · Intermediate ·🚀 Entrepreneurship & Startups ·4mo ago
The Empire State Building took 410 days to build—today, changing a window would take two years. Alex Rampell (a16z) and Varun Krishna (Rocket CEO) expose how asset inflation turned housing from the American Dream into a wealth transfer machine where the median homebuyer age jumped from 30 to 38 in just fourteen years. While Silicon Valley burns billions on products people use daily but never pay for, Rocket quietly assembled a $10 billion profit engine and is now buying up the entire housing funnel—from Redfin's 50 million monthly searchers to one in six US mortgages—betting they can crack t…
Watch on YouTube ↗ (saves to browser)

Chapters (14)

"All the Old People Have All the Money"
0:37 Houses Are Cheaper... If You're Paid in Apple Stock
4:35 Empire State Building: 410 Days vs Forever Today
7:19 Starter Homes Tripled from 985 to 2,500 Square Feet
13:54 "Nobody Pays to Wash a Rental Car"
16:15 The T-Shirt That Cost $10 Billion
22:12 "For the Mortgage"
26:51 The Model of Rocket Mortgages has Evolved
31:40 Toothbrush Test vs $10 Billion Profit Engine
35:45 Acquisitions, Integration, and Company Strategy
46:56 The Fourier Transform Business Model
46:43 Counterbalancing Business Models
48:43 Real Estate Search vs. Monetization
52:29 Fragmentation, Regulation, and the Long Game

Playlist

Uploads from a16z · a16z · 0 of 60

← Previous Next →
1 a16z Podcast | Money, Risk, and Software
a16z Podcast | Money, Risk, and Software
a16z
2 a16z Podcast | A Podcast about Podcasts
a16z Podcast | A Podcast about Podcasts
a16z
3 a16z Podcast | Wall Street's Most Hated Man -- A Conversation With Overstock.com's Patrick Byrne
a16z Podcast | Wall Street's Most Hated Man -- A Conversation With Overstock.com's Patrick Byrne
a16z
4 a16z Podcast | How Big Companies Can Get the Most From Silicon Valley
a16z Podcast | How Big Companies Can Get the Most From Silicon Valley
a16z
5 a16z Podcast | The Role of Academia in the Startup World
a16z Podcast | The Role of Academia in the Startup World
a16z
6 a16z Podcast | AMPLab, the Power of Open Source, and the Future of Systems Software
a16z Podcast | AMPLab, the Power of Open Source, and the Future of Systems Software
a16z
7 a16z Podcast | Dell + EMC -- Why the Python Just Ate the Cow
a16z Podcast | Dell + EMC -- Why the Python Just Ate the Cow
a16z
8 a16z Podcast | Belief -- An Interview with Oprah Winfrey
a16z Podcast | Belief -- An Interview with Oprah Winfrey
a16z
9 a16z Podcast | What Comes After the Smartphone
a16z Podcast | What Comes After the Smartphone
a16z
10 a16z Podcast | Holy Non Sequiturs, Batman: What Disruption Theory Is ... and Isn't
a16z Podcast | Holy Non Sequiturs, Batman: What Disruption Theory Is ... and Isn't
a16z
11 a16z Podcast | Boards and the Power of Networks
a16z Podcast | Boards and the Power of Networks
a16z
12 a16z Podcast | 'The Most Boring Yet Valuable' 20 Minutes, All About Board Minutes
a16z Podcast | 'The Most Boring Yet Valuable' 20 Minutes, All About Board Minutes
a16z
13 a16z Podcast | A Whirlwind Tour of Policy Issues in Tech
a16z Podcast | A Whirlwind Tour of Policy Issues in Tech
a16z
14 a16z Podcast | Beyond Lean Startups
a16z Podcast | Beyond Lean Startups
a16z
15 a16z Podcast | Blockchain vs/and Bitcoin
a16z Podcast | Blockchain vs/and Bitcoin
a16z
16 a16z Podcast | Quantum Leap
a16z Podcast | Quantum Leap
a16z
17 a16z Podcast | Artificial Intelligence and the 'Space of Possible Minds'
a16z Podcast | Artificial Intelligence and the 'Space of Possible Minds'
a16z
18 a16z Podcast | Fintech from the World's Financial Capital -- London
a16z Podcast | Fintech from the World's Financial Capital -- London
a16z
19 a16z Podcast | Defeating Aging with Aubrey de Grey
a16z Podcast | Defeating Aging with Aubrey de Grey
a16z
20 a16z Podcast | On Recent IPOs and Comparing Private vs. Public Valuations
a16z Podcast | On Recent IPOs and Comparing Private vs. Public Valuations
a16z
21 a16z Podcast | The Future of Food
a16z Podcast | The Future of Food
a16z
22 a16z Podcast | Data Down on the Farm
a16z Podcast | Data Down on the Farm
a16z
23 a16z Podcast | The Data Science of Food and Taste
a16z Podcast | The Data Science of Food and Taste
a16z
24 a16z Podcast | Using Social Tools to Build Homes for Those Most in Need
a16z Podcast | Using Social Tools to Build Homes for Those Most in Need
a16z
25 a16z Podcast | London Calling for Tech Done in a Different Way
a16z Podcast | London Calling for Tech Done in a Different Way
a16z
26 a16z Podcast | Building Tech Startups in a Place Where Tech Isn’t Everything
a16z Podcast | Building Tech Startups in a Place Where Tech Isn’t Everything
a16z
27 a16z Podcast | Nootropics and the Best Version of Your Brain, Yourself
a16z Podcast | Nootropics and the Best Version of Your Brain, Yourself
a16z
28 a16z Podcast | Scaling Ideas and Startups in the U.K. and Europe
a16z Podcast | Scaling Ideas and Startups in the U.K. and Europe
a16z
29 a16z Podcast | The Tiger and the Dragon -- On Tech and Startups in India and China
a16z Podcast | The Tiger and the Dragon -- On Tech and Startups in India and China
a16z
30 a16z Podcast | Telepresence and Tech for a Distributed Workforce
a16z Podcast | Telepresence and Tech for a Distributed Workforce
a16z
31 a16z Podcast | The Present State and Future Possibility of Virtual Reality
a16z Podcast | The Present State and Future Possibility of Virtual Reality
a16z
32 a16z Podcast | The Year Mobile Began to Truly Dominate Tech
a16z Podcast | The Year Mobile Began to Truly Dominate Tech
a16z
33 a16z Podcast | Writing a New Language of Storytelling with Virtual Reality
a16z Podcast | Writing a New Language of Storytelling with Virtual Reality
a16z
34 a16z Podcast | Andre Iguodala Knows Tech -- And Why the Warriors Won't Be Stopped
a16z Podcast | Andre Iguodala Knows Tech -- And Why the Warriors Won't Be Stopped
a16z
35 a16z Podcast | Mellody Hobson and Ben Horowitz Talk Investing, Career, and Star Wars!
a16z Podcast | Mellody Hobson and Ben Horowitz Talk Investing, Career, and Star Wars!
a16z
36 a16z Podcast | The Future of Software Development
a16z Podcast | The Future of Software Development
a16z
37 a16z Podcast | What Software Developers (and Therefore Every Company) Need
a16z Podcast | What Software Developers (and Therefore Every Company) Need
a16z
38 a16z Podcast | Making the Most of the Data That Matters
a16z Podcast | Making the Most of the Data That Matters
a16z
39 a16z Podcast | Harnessing the DevOps Movement -- Don’t Go Chasing Waterfalls
a16z Podcast | Harnessing the DevOps Movement -- Don’t Go Chasing Waterfalls
a16z
40 a16z Podcast | Nobody Discusses Work Software Outside of Work -- and Then There’s Slack
a16z Podcast | Nobody Discusses Work Software Outside of Work -- and Then There’s Slack
a16z
41 a16z Podcast | Software is What Distinguishes the Hardware Winners
a16z Podcast | Software is What Distinguishes the Hardware Winners
a16z
42 a16z Podcast | The Fundamentals of Security and the Story of Tanium’s Growth
a16z Podcast | The Fundamentals of Security and the Story of Tanium’s Growth
a16z
43 a16z Podcast | Things Come Together -- Truths about Tech in Africa
a16z Podcast | Things Come Together -- Truths about Tech in Africa
a16z
44 a16z Podcast | When Banking Works Like My Smartphone
a16z Podcast | When Banking Works Like My Smartphone
a16z
45 a16z Podcast | Reinventing Insurance
a16z Podcast | Reinventing Insurance
a16z
46 a16z Podcast | How to Be Original and Make Big Ideas Happen
a16z Podcast | How to Be Original and Make Big Ideas Happen
a16z
47 a16z Podcast | The Future of Money and Monetization
a16z Podcast | The Future of Money and Monetization
a16z
48 a16z Podcast | Building Affirm, and Why Max Levchin Has Watched Seven Samurai 100-Plus Times
a16z Podcast | Building Affirm, and Why Max Levchin Has Watched Seven Samurai 100-Plus Times
a16z
49 a16z Podcast | Hall of Fame Football Meets Venture Capital
a16z Podcast | Hall of Fame Football Meets Venture Capital
a16z
50 a16z Podcast | Breaking the Barriers of Human Potential
a16z Podcast | Breaking the Barriers of Human Potential
a16z
51 a16z Podcast | 'In the Eye of a Tornado': Views on Innovation from China
a16z Podcast | 'In the Eye of a Tornado': Views on Innovation from China
a16z
52 a16z Podcast | Open vs. Closed, Alpha Cities, and the Industries of the Future
a16z Podcast | Open vs. Closed, Alpha Cities, and the Industries of the Future
a16z
53 a16z Podcast | Infrastructure... Is Everything
a16z Podcast | Infrastructure... Is Everything
a16z
54 a16z Podcast | Mapping the Future of Virtual Reality
a16z Podcast | Mapping the Future of Virtual Reality
a16z
55 a16z Podcast | Mobile Falls Hard for Virtual Reality
a16z Podcast | Mobile Falls Hard for Virtual Reality
a16z
56 a16z Podcast | Disruption in Business... and Life
a16z Podcast | Disruption in Business... and Life
a16z
57 a16z Podcast | Data Network Effects
a16z Podcast | Data Network Effects
a16z
58 a16z Podcast | The Dream of AI Is Alive in Go
a16z Podcast | The Dream of AI Is Alive in Go
a16z
59 a16z Podcast | I Reject the Term Viral Video
a16z Podcast | I Reject the Term Viral Video
a16z
60 a16z Podcast | Truth and Humanity in Leadership
a16z Podcast | Truth and Humanity in Leadership
a16z
Navigating Diets
Next Up
Navigating Diets
Coursera