Ben Miller

Ben Miller, Fundrise CEO who built a retail platform and launched the VCX public venture fund. He recounts bringing venture exposure to everyday investors. Topics include VCX’s dramatic NYSE debut and premium surge. Discussion of VCX’s top private holdings like Anthropic and OpenAI. Covers sourcing allocations during the downturn, closed‑end fund mechanics, and the shifting gap between private and public market growth.

In this discussion with Ben Miller, cofounder and CEO of Fundrise, the focus is on the explosive growth of AI and venture capital dynamics. Ben highlights how major players like Anthropic are reshaping the landscape, with a 'winner-take-most' scenario. He delves into strategic investments, revealing that up to 50% of a fund can be concentrated in just two companies. The conversation also covers innovative valuation methods and the dual impact of AI on job markets and personal productivity, emphasizing the need for proactive investment strategies.

Ben Miller, CEO of Fundrise and a thought leader in real estate and finance, shares insights on how the housing market may have bottomed out. He predicts a potential boom in certain investments thanks to evolving economic conditions. They discuss AI's impact on hiring and inflation, suggesting that technological advancements could stabilize prices. Miller highlights that while real estate can thrive, the shift in wage dynamics poses societal risks, ultimately favoring capital owners over median workers.

Deleveraging is a term you probably haven’t heard. And don’t be surprised; most news networks will never cover what deleveraging is or what it means for the real estate market. But, this capital constriction could implode the housing market, causing numerous investors and funds to go under, leaving the rest to pick up the scraps. This massive change is about to happen, but don’t get too scared; if you bought right, you could be one of the lucky few with a buffet of cash-flowing deals to choose from.So, who’s better to ask about this impending crisis than Ben Miller, co-founder and CEO of Fundrise? He’s been on both ends of lending, not only buying significant assets with credit but also supplying the funding to others who need it. Ben is predicting a massive change in the real estate market that will shock investors to the core and could leave the economy worse for wear. This deleveraging crisis Ben talks about is not a simple concept, but once you understand how and why it’s happening, you unlock a piece of knowledge that 99% of other investors miss.Ben speaks on how bridge loans and floating financing have put thousands of investors (and lenders) in a bind, why banks will be strapped for cash in 2023, and the scenarios that could play out over the next year if everything goes wrong. Make no mistake, this is NOT a doomsday forecast or some hypothetical hype meant to worry investors. Deleveraging is a real scenario that could have cascading effects for decades. If you’re investing, this is a CRUCIAL episode to tune into.In This Episode We CoverDeleveraging explained and why so many investors are on the line for millions of dollarsWhich real estate industries will be hit hardest when the deleveraging crisis manifests Why even the banks are overleveraged and the domino effect that could cause financial chaos The scenarios that could play out as banks start to constrict the money supply and investors get desperate The massive opportunity for investors as overleveraged loans come due and assets start to sell for a fraction of the cost Who will win and make it out alive after the mass deleveraging takes place And So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets ForumsBiggerPockets AgentBiggerPockets BootcampsJoin BiggerPockets for FREEOn The MarketJoin the Future of Real Estate Investing with FundriseConnect with Other Investors in the “On The Market” ForumsSubscribe to The “On The Market” YouTube ChannelDave’s BiggerPockets ProfileDave’s InstagramJames' BiggerPockets ProfileJames' InstagramHear Our Previous Interview with Ben on “Build-to-Rent” InvestingHow to Prepare for a Recession (and Profit!) in 2022Connect with Ben:Ben’s TwitterBen’s LinkedInBen’s EmailBen’s BiggerPockets ProfileCheck the full show notes here: https://www.biggerpockets.com/blog/on-the-market-65Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Ben Miller, Co-founder and CEO of Fundrise, a platform that opens access to real estate and private tech investments. He talks about Fundrise’s public listing VCX and how it bridges private and public markets. He explains why tech firms stay private longer. The conversation covers valuation marks, closed-end fund mechanics, multi-stage sourcing, and democratizing ownership in private tech.

In this engaging conversation, Ben Miller, CEO and Co-Founder of Fundrise, shares his vision for transforming the real estate industry by making investments accessible to everyone. He discusses the innovative tech-driven approach of his platform, the importance of democratizing investment opportunities, and the potential of AI in enhancing decision-making. Ben also emphasizes key factors for success in the market, such as location and timing, while reflecting on lessons learned from market challenges and the need for strategic flexibility.

Ben Miller, CEO of Fundrise and a macroeconomic expert, lays out a compelling case for real estate investing with data-driven insights. He predicts a significant opportunity for investors in 2025 as housing supply dwindles while demand soars. Miller explains the potential rebound in commercial real estate and discusses how new Trump tariffs could benefit homeowners. He also highlights the growing disconnect between stock and real estate markets, making it clear why savvy investors should act before it’s too late.

Ben Miller, CEO of Fundrise and expert on real estate investments managing billions, shares his insights on the current market. He believes we've hit the bottom for real estate prices, with potential growth influenced by AI and reducing inflation. Miller predicts lower interest rates as inflation cools, creating a brighter outlook for high-end urban real estate. He dives into AI's role in employment and wages and its surprising deflationary effects, reshaping the housing landscape and investment strategies.

In this engaging discussion, Ben Miller, CEO of Fundrise, reveals untapped real estate investments with double-digit returns that traditional rentals can't match. He discusses the shift from elite-only opportunities to accessible options for everyday investors. Ben explains how 'debt' investors are capitalizing on lending in real estate, and shares insights about the evolving lending landscape and the transformative impact of emerging technologies like AI on investments. He also offers his outlook on the economy heading into 2025.

Ben Miller, Fundrise CEO who opened retail access to private tech through the Innovation Fund. Dave Evans, co-founder of Stanford Life Design Lab and former Apple exec who wrote How to Live a Meaningful Life. They discuss the Fundrise IPO volatility and democratizing access to private AI firms. They also explore life design ideas like JOMO, radical acceptance, and choosing meaningful career and family paths.