What happens when a venture capitalist and Wall Street executive get together to buy a Broadway producer’s house in the Hamptons for $14 million? According to the Wall Street Journal, they redo the landscaping, wait four months, and then re-list the property for $25 million. That’s $11m in four months. Not bad (if they can actually sell it).
Only in New York? We doubt it. There have got to be some similar Bay Area stories. Now if there was only an easy way to capture, record, and share them…wait for it…yes…email: tips@socketsite.com.