Fernando De Leon

You can have all the dreams, but if your viewers find it valuable, then you have something that's important.

Ultimately,

I built homes in that subdivision that were valuable to those people that lived there.

And they went and built a family there.

They built home equity.

They built net worth through home ownership.

And that was valuable to those groups of people and to society.

So ultimately, that last part has to be there.

Otherwise, you just you can't you can't fake it.

Right.

That has to that has to permeate through your through your work.

Or for instance, the other thing that is done a lot, not just in venture, but it's what valuation can I get?

And then that is just a bunch of groupthink where somebody says, I think it's very valuable and they're all in the same little bubble.

And then when it goes out to people that are going to consume that good or service, it turns out that people don't value it.

The only people that valued it were the ones giving it a valuation of X or Y. And then the consumers of that good or service said, you know what?

it doesn't really give me anything.

And then that valuation bubble bursts and it happens all the time too.

So fundamentally, a group of people

deriving value of time or anything through that good or service is the only way you get rewarded in capitalism.

It's fair.