[ngoel36]

@djrogers -- Ryan was also on the founding team of OpenDoor. I can promise you Steve Ross, Michael Fuchs, Steven Roth, and Jerry Speyer all describe themselves as founders. The greatest leaders in real estate do, because they have innovated to build something people want. And Culdesac is very much a startup.

[pottertheotter]

As someone who has worked in both the tech startup world and as an institutional investor, I’m with @djrogers that it comes off weird. When I first read Ryan’s comment, I thought “ick, what a weird thing to call yourself a founder of a development.” I think the problem is the messaging—there is Culdesac the company and Culdesac Tempe the development, but for someone looking at this for the first time, it’s not clear that there are two entities. So it sounds like Ryan is saying he’s the founder of a development.

I spent a number of years as an institutional investor, and the people you mentioned would say they are founders of funds, firms, companies, etc., but they would say that they were the developer of something like Culdesac Tempe.