#129 - Interview with Michael Arrieta, CEO of Garden City
QUOTE OF THE WEEK
“The only man who never makes mistakes is the man who never does anything." - Teddy Roosevelt
FOOD FOR THOUGHT
Circle of Competence Issue #13 - Michael Arrieta
I had the pleasure of interviewing Michael Arrieta recently for episode #13 of the Circle of Competence podcast. In our conversation, we hit everything from Michael's sales experience at CUTCO (where he was the #1 sales rep for several years), his time at Dell as chief of staff, his wild ride at DocuSign from private company to IPO, and finally his passion for empowering blue collar service businesses through his permanent capital vehicle (Garden City). Michael is also deeply involved with a non-profit focused on reducing homelessness by applying 3-D printing technology to housing. I hope you enjoy this wide-ranging conversation and look forward to any and all feedback from listeners.
Links and notable mentions:
- Garden City website
- New Story website
- Michael's article explaining DocuSign's success as a public company
PS stick around for an interesting business idea at the end of the podcast!
LINKS
Investing
Berkshire Hathaway accelerates share buybacks (Mazor's Edge)
How billionaire Jack Ma fell to earth and took Ant's mega IPO with him (Reuters)
What is a quality shareholder? (Chris Mayer)
Brookfield launches Bermuda reinsurer to fuel growth (Financial Times)
Technology
Lilium partners with Tavistock development and City of Orlando to establish first regional eVTOL air park in the US (Lilium)
Choosing bad competition in entrepreneurship (Reid Hoffman)
Quantum-computing pioneer warns of complacency over Internet security (Nature)
Quibi was supposed to revolutionize Hollywood. Here's why it failed. (WSJ)
Ambani Versus Bezos: A Fight or a Waiting Game? (Bloomberg)
Lex Fridman interviews Charles Isbell on Computing, Interactive AI, and Race in America (Lex Fridman Podcast)
Unbundling the university - how the traditional university is being disrupted (CB Insights)
Time for trust: How blockchain will transform business and the economy (PWC)
Real Estate
The case for private debt in real estate investing (Oaktree Capital Insights)
Sidewalk Labs on Remote Work and how it will change cities (Sidewalk Labs)
Chris Powers interviews Jonathan Brinsden, CEO of Midway and Chairman of ULI (The Fort Podcast)
1300 Units in Real Estate Development at 30 years old with Evan Holladay (Biggerpockets Podcast)
Financing the American home (Net Interest)
The future of the shopping center industry (ICSC)
Blackstone’s Co-Head of Real Estate describes the post-pandemic office (Fortune)
U.S. still faces possible default wave, asset declines due to pandemic: Fed (Reuters)
Geopolitics / Economics
Can the West still lead? (Wall Street Journal)
Biden-voting counties equal 70% of America’s economy. What does this mean for the nation’s political-economic divide? (Brookings Institute)