Dan Gilbert: Innovation Still Happening In U.S., Startup Valuations May Be ‘Softening’

Quicken Loans co-founder Dan Gilbert visited CNBC on Friday and discussed a wide range of topics. Here’s a re-cap of what he had to say.

Housing Market

According to Gilbert, the U.S. housing market is solid at the moment, but nothing for investors to get too excited about.

“Housing is stable. Certainly, it’s not on fire. It’s not booming by any means, and it’s not crashing either […] I think we’re just chugging along.”

He added that Millennials are “four to five years behind” past generations when it comes to buying houses, but noted, “Sooner or later, biology kicks in and they’re probably going to be having families at the pace of everybody else.”

Unicorns

When asked about startup valuations, Gilbert said…

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