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Out here, it is going to be pretty hilarious when that social media influencer group that bought pow mow goes belly up. Their plan is like what most ski developers (already ambitious) would come up with while high.
Between that video with the nest and some article I just read about them and their "charitable works", OMFG... Read this article if you want to have a good laugh.
Summit is quick to say that it raised $500,000 to help the Nature Conservancy to protect marine life, but that was partly an effort to compensate for the damage caused by their Caribbean cruises. Now that their flagship conferences are being held in LA, Rosenthal tells me the company provides “50,000 meals to the unfed” in the city. (When I look into this claim, I discover the donation actually involved 30,000 meals for families displaced by California wildfires – and they were paid for by the LA Chargers football team, not Summit.)
When I hitch a ride in Chawla’s SUV, he tells me how he came to invest in Powder Mountain. He had just been on a disappointing trip to Verbier, a resort in the Swiss Alps where the food was “not that progressive”. Utah, he says, made for a refreshing change. “I bumped into 30 of my friends. I didn’t have to do anything. The food was amazing,” he says. “There was a moment when they served coconut water.” Coconut water was the very thing he’d been craving in Switzerland. At that moment, he thought to himself, “These guys just get me.” He adds: “I thought, you know what, I’d love to support this project.”
Bisnow says he behaves the same way with servers in restaurants. “[When] you start to engage with these people you realise the humanity in everyone and how unbelievable they are.” Then he explains how he always sits in the front seat of Uber taxis, talking to dozens of drivers a week, hearing “the most remarkable stories”. He ends up hanging out “with a significant number” of his drivers. I ask how many Uber drivers he’s invited to Summit. He doesn’t say, but instead tells me an anecdote about a chef he invited to Summit after meeting him “at this dilapidated castle in England”.
Bisnow says he behaves the same way with servers in restaurants. “[When] you start to engage with these people you realise the humanity in everyone and how unbelievable they are.” Then he explains how he always sits in the front seat of Uber taxis, talking to dozens of drivers a week, hearing “the most remarkable stories”. He ends up hanging out “with a significant number” of his drivers.
That was my favorite part of the entire article. The great pride he took for actually having a conversation with someone who isn't filthy rich.
I just spent 5 minutes playing around with Redfin & it doesn't look like they're selling any homes. They're offering "new construction" at $1.5M, but it doesnt appear they're actually built according to GOOG maps. Just a lot of freshly dug up roads & space where lots could/would be. Makes one wonder how long this charade is going to last.