PJ Bimonte’s Post

After the Ourspace chapter closed, it took me a while to find what I was looking for next. Shutting down my startup was the most introspective I've ever been about my career. I thought a lot about what I wanted to opt into, and more importantly what I wanted to opt out of. Circuit is the outlier I was looking for - bootstrapped, profitable, intentionally small, and exciting yet sustainable growth. Equally as important, I was looking for a place that's as intentional about *how* they work as *what* they work on. And when I say intentional, I mean it: We don't use Slack, OKRs, or scrum. And there are very, very few meetings. All of this is by careful design. And takes immense courage to not simply mirror "normal" ways of working just because everyone else is doing it. It's this kind of nonconformity that got me especially excited about working with Jack Underwood and the team at Circuit. Onward!

Willy - great responses to the CNBC questions. And I agree that the banks have averted a crisis in commercial lending; however, plenty of other brewing challenges are ahead for most Americans. The yield curve is still inverted - bad news for most of the non-public developers/owners for the next 18 months. This will be a challenge for a substantial number of owners and their permanent lenders (CMBS and Agencies). Multifamily owners are facing unprecedented higher costs including insurance, property taxes, and labor. These costs will be passed along to tenants. However, a popular theme is that corporate greed is the problem and not the unprecedented inflation over the past three years. The Biden/Harris/Walz proposal to limit rent increases to 5% per annum will have unintended consequences. Class A- and B properties will not be improved, which will lead to a tsunami of sub-standard Class C properties. Affordable maybe, but unlivable. Check out New York and Chicago. Perversely, the affordable market has been propped up by 15 million new non-residents who are seeking shelter. The supply/demand curve for affordable housing has been rocked by this unprecedented demand. Rents are still rising despite significant supply increases. Not a great scenario when wage increases are significantly less than rent increases. And the $25,000 new homeowner credit will not be equitable. Renters who cannot qualify will be left behind -only new homeowners will qualify. What about all the buyers who just bought a home and did not receive this graft? This is akin to the college debt relief program - the students who worked hard to pay off the debt will be disenfranchised. IMHO, 2025 will strain consumers' wallets, particularly the majority of Americans who cannot/shouldn't pay more than 30% of their income on rent.

#TeamOrrick does it again! Super proud and forever grateful for our exceptional clients 🌟 Here’s to many more deals!! + if you want to see the data behind those deals and raise on an informed basis, check out our #DealFlow 4.0 (link in the comments). Orrick UK | #venturecapital #founders

AD has changed the view of the business landscape for Premier. Anything we can see or perceive is now much more accessible and achievable.

What a great discussion about building a high-performing team. Contact me to discuss your thoughts about building a high-performing team/organization!

Have you met Lucas Fonseca with Language Matters? Earlier this week, Lucas visited Ferguson to talk about his business, which offers cultural coaching and consulting services as well as language tutoring and translation services. For marketers like me, it's great to lean on someone like Lucas to help with communicating. If you are looking for someone to help you bridge the language and culture gaps, Lucas is your person!

Celebrating Becca's 1-Year Milestone with LCVA! 🌟 Your dedication shines bright, and we're grateful for every moment! Here's to many more years of success and teamwork! 🎉 #WorkAnniversary #TeamAppreciation #smallbusiness #virtualassistance #virtualassistant #workingfromhome #personaldevelopment #businessgrowth #professionaldevelopment

Check this out: Jobi Brands taking celebrity brands to the next level. @Bilalmakkoui, @Ryannelson, hashtag #powerfulblend, hashtag #popculture, hashtag #celebritymarketing, hashtag #celebritybrands, hashtag #celebrityendorsement, hashtag #techenabledbrandincubator, hashtag #vcfunding, hashtag #customeracquisitioncosts, hashtag #brandcollaborations, hashtag #consumerresponsivepartnerships, hashtag #brandidentity, hashtag #consumerengagement, hashtag #trelevantpartnerships, hashtag #celebrityinfluence, hashtag #consciousconsumers, hashtag #socialmediareveal. hashtag #consumerengagement, hashtag #socialmediaphenomena, hashtag #themedbrandprojects, hashtag #brandsynergy, hashtag #growmarkets, hashtag #alignmentcelebrities, hashtag #successfulcollaborativealliance

Can’t believe this is nearly two years ago already . Glad we were in the right place at the right time and that Melissia is doing so well.. so important to know the basics of CPR https://lnkd.in/ggt6AHPs