Alex McCauley

Founder/CEO at Brightfox Education, building the world's best afterschool education experience. Former early TWTR, GOOG, education industry.

[Alex McCauley @anm]

@taylorcaby @EzraMoGee If you make the distances standardish, aka forced by the league, then there won't be much of a discrepancy.

Also, there are advanced metrics that account for ballpark when when negotiating for a contract, shouldn't impact much.

[Alex McCauley @anm]

@daniel_w_owens @rohindhar @Sr_Lazarus Check out this chart

[Alex McCauley @anm]

@DDrolapas @rohindhar No, but I’ve watched SF real estate long enough.

This area has / had a ton of really small cottages on oversized lots. The neighborhood is preferred instead of pac heights by many rich tech people .

Example:

https://t.co/vKkB8a4zsJ

[Alex McCauley @anm]

@DDrolapas @rohindhar It’s an extremely desirable lot in the hills of Mission Dolores.

This house will get demolished and replaced with a $4M plus modern home.

[Alex McCauley @anm]

@avemii @rohindhar Was just about to post this. Spring 2027 could be nutty.

[Alex McCauley @anm]

@daniel_w_owens Is the new strategy to make the Mission the containment zone, since business travelers and tourists don’t go there, in an attempt to clean up the city’s image/convention/corporate/tourist experience?

[Alex McCauley @anm]

@rohindhar Completely agree. I remember many people in 2015 saying “don’t buy, we’re in a bubble!” because the price jump seemed too extreme.

Also, the 2008-2012 downturn was unusually large. People have a recency bias and are waiting for another 20% drop. That’s unlikely to happen again.

[Alex McCauley @anm]

@zachklein Nah, unfortunately @rohindhar is misleading folks here.

The modern place sells for more on a per-foot basis pretty much every time. That's why flippers do it.

He's conflating "over asking" - which can be manipulated by the seller by listing artificially low, w/ per-foot value

[Alex McCauley @anm]

@rohindhar There's a diff between over asking and actual sold price per square foot, though. Sale price per foot is the only metric that matters...over asking means very little. The new modernized place consistently sells for a higher PPSF, otherwise flippers wouldn't do it over and over.

[Alex McCauley @anm]

@antoniogm Divis still has a ton of upside potential as well. There are a bunch of industrial / legacy uses that will be replaced by apartments with ground floor retail in the next boom.

Divis is flat, central, has a ton of parks nearby, freeway access...very good bones.

[Alex McCauley @anm]

@Camp4 @CoffeeBlackMD Aren’t supplements / vitamins in the same category though? Thats the rationale I hear from vitamin-takers - only upside. Yet I saw in another post you don’t take any.

[Alex McCauley @anm]

@dvlamoen @brezina @yimbyism More than 50% of the land is allocated to a hospital, corporate offices and a sports arena..not easy to make those charming.

YIMBYs prefer six stories à la Paris and lots of green space…they did that.

I agree the streets could be narrower but in 10-20 years we’ll know more…

[Alex McCauley @anm]

@dvlamoen @brezina @yimbyism My only counterpoint is that Mission Bay is not done yet. It’s under construction and still filling in. Trees are still maturing, the school needs to be built, and there are still lots of housing units still to be built. It’s hard for a brand new neighborhood to have a soul.

[Alex McCauley @anm]

@jamessamsp @MclovinSpecial @rohindhar This was definitely an “up and coming” thesis, extremely central location, you could tell yourself the story…the problem was they bought at a price point ($1500/foot) as if it was already a mature market. Paid top dollar for something that hadn’t materialized yet.

[Alex McCauley @anm]

@ashleymayer I’m strongly considering creating a separate, obscurely named work email that’s meant for humans / colleagues only. I’m so tired of blocking cold inbound B2B spam, as well as sifting through all of the SaaS notifications. Need some AI filter to tell me which of those is important

[Alex McCauley @anm]

We need a fully electric Tesla RV with Starlink tightly integrated, wings to collect solar, Full Self Driving, a roof deck level for outdoor hangs, and Grok AI heavily involved for voice control / companion.

[Cyan Banister @cyantist]

@elonmusk @LeahLibresco An RV?!!!!!!

[Alex McCauley @anm]

@amaldorai @rohindhar The place to be in the 2000’s was Google.

I don’t think another co. has reached the peak that GOOG had in the 2000’s. Not just with market share dominance or financial success, but also the cultural zeitgeist of Don’t Be Evil, the clean white look, free food for employees etc

[Alex McCauley @anm]

@jreidgreer @daniel_w_owens I think @daniel_w_owens is not taking macro economic stuff into account here properly.

We were doing great in 2016-2020. Dozens of laws passed.

COVID / remote work / high interest rates have put a damper on construction for six years now.

Good times are around the corner.

[Alex McCauley @anm]

@daniel_w_owens I don’t know the math well, but I’m surprised that a calculation isn’t made that by removing all dev fees, thus incentivizing building, SF gets way more property tax revenue that’s recurring every year than from a one time fee. A million dollar condo pays $11K/year forever.

[Alex McCauley @anm]

@sfstandard I feel like this is perfect for @rivatez aesthetic