Benjamin Vergnhes

CEO khome dot immo, co-founder @LaFabriquebyCA
#Fintech #RealEstate

[Benjamin Vergnhes @BVergnhes]

L’offre locative est insuffisante car les contrainte fiscales et réglementaires sont excessives. Situation auto-imposée.

[François Geerolf @FrancoisGeerolf]

En France, les loyers représentent désormais près de 20 % de la consommation (en incluant les « loyers imputés » des propriétaires).
Dans les années 1960, c’était autour de 6 %.
Une ponction croissante sur le pouvoir d’achat...

[Benjamin Vergnhes @BVergnhes]

@patamiel Je dis oui ! On y va ?

[Benjamin Vergnhes @BVergnhes]

Fewer and fewer things seem to last these days. Moats, fame, value, competitive advantage, « good » tech : all increasingly transient. Real estate will also be impacted.

How much ? That’s our focus at Khome. Stay tuned.

[Benjamin Vergnhes @BVergnhes]

@johnrushx @bryan_johnson Thats diversion, in the pascalian sense, not meaning

[Gordon Gekko @ownsomeshares]

BREAKING: Revolut is launching GlobalHire in H2 2025.

This is an Employer of Record (EoR) service that will enable employers to hire hassle free from 160 countries with zero borders.

Revolut will handle local compliance, tax and regulations.

Huge. Absolutely huge.

[Benjamin Vergnhes @BVergnhes]

La Société générale met en vente sa fintech de paiement Treezor https://t.co/w8wewHShUM

[Patrick Collison @patrickc]

Deep Research has written 6 reports so far today. It is indeed excellent. Congrats to the folks behind it.

[Chamath Palihapitiya @chamath]

This report is long but very good.

“With R1, DeepSeek essentially cracked one of the holy grails of AI: getting models to reason step-by-step without relying on massive supervised datasets. Their DeepSeek-R1-Zero experiment showed something remarkable: using pure reinforcement learning with carefully crafted reward functions, they managed to get models to develop sophisticated reasoning capabilities completely autonomously. This wasn't just about solving problems— the model organically learned to generate long chains of thought, self-verify its work, and allocate more computation time to harder problems.

The technical breakthrough here was their novel approach to reward modeling. Rather than using complex neural reward models that can lead to "reward hacking" (where the model finds bogus ways to boost their rewards that don't actually lead to better real-world model performance), they developed a clever rule-based system that combines accuracy rewards (verifying final answers) with format rewards (encouraging structured thinking). This simpler approach turned out to be more robust and scalable than the process-based reward models that others have tried.”

https://t.co/XRqgMNRzg1

[patagucci perf papi @kenwheeler]

it’s so crazy tech dudes will be like i’m making tinder for cats but it’s on the blockchain and uses ai to match and you’ll sit on a plane with some dude worth $100m and he’s like i have a factory that makes the 3rd of the 5 steps it take to make cardboard

[Benjamin Vergnhes @BVergnhes]

Why is legal speak so obscure and hard to read ? MIT study posits it has to do with conveying a special sense of authority :
https://t.co/GezVZlhBkN

[Benjamin Vergnhes @BVergnhes]

Contra talks of "greedflation", the Federal Reserve of San Francisco concludes that markup fluctuations have not been a main driver of inflation during the post-pandemic recovery :

https://t.co/TRyk66V5qm

[Guillaume Ncld @ordrespontane]

Puisque le gouvernement souhaite manifestement simplifier les bulletins de salaires, voici ma proposition (basée sur un salaire médian d’après le calculateur de l’Urssaf) :

[Benjamin Vergnhes @BVergnhes]

Joyeux Noël 🎄 !

[Robert Sterling @RobertMSterling]

Kirkland partners—some of whom make $20M—coinvesting so much in their PE clients’ deals that they have an **internal secondary market** for exchanging units with each other, like kids trading Pokémon cards in the school cafeteria, is absolutely insane.

[jabial 🌐🇪🇺🇫🇷🤝🇺🇦🇮🇱 آزادی 🏴‍☠️ @jabial]

You were VP of Bull of all things.

Then of France Telecom.

You missed the internet, you missed everything, and yet people trust you to lead Europe's policy on one of the leading emerging innovations.

You will be remembered as the guy who "saved" Europe from the next industrial revolution and left it behind the whole world to beg.

Whole generations of Europeans will curse your name.

[Benjamin Vergnhes @BVergnhes]

@patamiel @321founded Excellent spirit building 👌

[Benjamin Vergnhes @BVergnhes]

La hausse des taux heurte logiquement la valorisation de la pierre papier

#SCPI : l’hécatombe se poursuit https://t.co/5KVDwv5az8

#immobilier

[Benjamin Vergnhes @BVergnhes]

@phsilberzahn C’est un des constats à l’origine de @lafabriquebyca

[Benjamin Vergnhes @BVergnhes]

Scarcity buoys real estate prices and reduces affordability for all :

[FORTUNE @FortuneMagazine]

Deutsche Bank says they've gone from "cautiously optimistic to decisively bullish on new residential construction." https://t.co/OunGPNWbdS

[Benjamin Vergnhes @BVergnhes]

L'inquiétant message de France Stratégie sur la transformation climatique https://t.co/NTOfIZUf4W