Daniel Priestley

See, one of the things that I think happened during the pandemic is everything went digital. And entrepreneurs and investors did actually think about what would happen. The investors immediately boomed stocks like Zoom and Microsoft, and we ended up with the Magnificent Seven. I don't know if you, you know, there's seven big tech companies in the USA market.

And those big seven companies have gone from $5 trillion valuation to $17 trillion valuation in the time of the pandemic. And if you think about what did the pandemic do, everyone had to work from home, so we all had to have Microsoft subscriptions. Everyone went onto websites, so we all went to AWS websites.

And those big seven companies have gone from $5 trillion valuation to $17 trillion valuation in the time of the pandemic. And if you think about what did the pandemic do, everyone had to work from home, so we all had to have Microsoft subscriptions. Everyone went onto websites, so we all went to AWS websites.

Amazon, we all started buying and learning how to buy from Amazon rather than buying from our local high streets. Every business in the world figured out how to run their business remotely. We had this massive transformation. It was like it's actually a wholesale transformation of society that we all learnt how to live and work differently. I saw a boom in entrepreneurship.

Amazon, we all started buying and learning how to buy from Amazon rather than buying from our local high streets. Every business in the world figured out how to run their business remotely. We had this massive transformation. It was like it's actually a wholesale transformation of society that we all learnt how to live and work differently. I saw a boom in entrepreneurship.

So what I saw as an entrepreneur accelerator was someone who runs an entrepreneur accelerator, is just there was this sudden boom in people launching businesses, setting up Shopify accounts, setting up YouTube businesses. So the money really has moved from the traditional economy, the 2019 high street economy, over to the digital economy.

So what I saw as an entrepreneur accelerator was someone who runs an entrepreneur accelerator, is just there was this sudden boom in people launching businesses, setting up Shopify accounts, setting up YouTube businesses. So the money really has moved from the traditional economy, the 2019 high street economy, over to the digital economy.

And what we see is that the investors know what's going on and they just invest in this magnificent seven company. I think 50% of the gains of the S&P 500 is tech companies. So all the money just goes flooding into the technology companies.

And what we see is that the investors know what's going on and they just invest in this magnificent seven company. I think 50% of the gains of the S&P 500 is tech companies. So all the money just goes flooding into the technology companies.

My belief is that technology is really dividing people, that essentially if you take anyone from any background, if they work in technology, if they're in media, tech, finance, any of that stuff that operates online, they tend to actually do pretty well after the pandemic. Can I ask you a question? Yeah, go for it.

My belief is that technology is really dividing people, that essentially if you take anyone from any background, if they work in technology, if they're in media, tech, finance, any of that stuff that operates online, they tend to actually do pretty well after the pandemic. Can I ask you a question? Yeah, go for it.

Depends when you define financial security. The issue with house prices. The ability to raise a family, have a home. So having a home is a big issue, right? So here's what I see with houses because houses annoy me as well. My dad bought a house for $18,000, which is about £10,000 or less than £10,000 and it's probably worth over a million dollars now. So something went on.

Depends when you define financial security. The issue with house prices. The ability to raise a family, have a home. So having a home is a big issue, right? So here's what I see with houses because houses annoy me as well. My dad bought a house for $18,000, which is about £10,000 or less than £10,000 and it's probably worth over a million dollars now. So something went on.

And this, by the way, is not UK specific. The socialist countries had house prices go through the roof. If you go to Norway or Sweden, their house prices grew by 600%. It's happening everywhere. It's everywhere.

And this, by the way, is not UK specific. The socialist countries had house prices go through the roof. If you go to Norway or Sweden, their house prices grew by 600%. It's happening everywhere. It's everywhere.

It's happening everywhere. But what has definitely happened in the UK is we actually have a housing traffic jam. So... In this country, in the UK, we have 9.5 million homes that have two or more spare bedrooms. Big family homes have two or more spare bedrooms. And when you look into who owns those houses, 78% of housing wealth is baby boomers.

It's happening everywhere. But what has definitely happened in the UK is we actually have a housing traffic jam. So... In this country, in the UK, we have 9.5 million homes that have two or more spare bedrooms. Big family homes have two or more spare bedrooms. And when you look into who owns those houses, 78% of housing wealth is baby boomers.

Now, anecdotally, I take my kids trick-or-treating at Halloween and we go down a street that is big family homes and you go knock on the doors and it's all people over 65. and they're living in a big family home with empty spare bedrooms. You think the average American over 65 is living luxuriously?

Now, anecdotally, I take my kids trick-or-treating at Halloween and we go down a street that is big family homes and you go knock on the doors and it's all people over 65. and they're living in a big family home with empty spare bedrooms. You think the average American over 65 is living luxuriously?

The average American over 65, so more than half of the US economy, is in the hands of baby boomers, right? So they own all the houses. The houses got bought up cheap. Baby boomers still own those houses to this day. The big family homes with multiple spare bedrooms are empty. And now that creates this traffic jam where people my age... My grandparents, they all owned property.