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Podos analyzed vocal-tract physiology as well as the courtship songs of nine finch species.
These days, Lance Capital provides about $200 million financing each year, but in the coming years, Podos says, he envisions the eight-person firm growing to a gross volume measured in billions of dollars a year.
Podos went on to join the Chicago-based firm Equis Corp and began working in corporate services.
we don't want to put any more capital into real estate,'" Podos said.
The landlords would say, 'The banks won't give us the money,'" Podos recalled.
At times, Podos said, this resulted in loans at interest rates as high as eight percent--unheard of for a corporation the size of Chrysler.
Podos is enthusiastic about technology ("I was one of the first guys doing spreadsheets in New York," he said) and in 1999 he left Equis to work with an early competitor to the real estate database CoStar, called RealityIQ.
When that bubble burst, Podos decided to take his career in yet another direction.
We have never had one, and the way I see it, we never will," Podos insists.
White/Grubb & Ellis, Podos became managing director, working primarily with Paine Webber in the management of its national real estate portfolio and with Mitsui Fudosan as agent for 1251 Avenue of the Americas.
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