# Example: From Laborer to Real Estate Tech

An episode of [Naval](https://invisiblenetwork.ai/podcast/1454097755), 26 Apr 2019, 5:24.

Audio: https://traffic.libsyn.com/secure/naval/Naval-Ep25.mp3?dest-id=1103966

The continuum from laborer to real estate tech company goes from low accountability to high specific knowledge, accountability and leverage. • Laborers get paid hourly and have low accountability 0:19 • General contractors get equity, but they're also taking risk 1:20 • Property developers pocket the profit by applying capital leverage 2:14 • Architects, large developers and REITs are even higher in the stack 3:16 • Real estate tech companies apply the maximum leverage 4:05 Transcript: http://nav.al/laborer-tech

Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them.