@CespedesBBQ Men’s 30+ baseball league in the burbs in Maryland. DM me if you’re interested. Side note - we may have overlapped at BAM for a year or two
Yesterday, $VCX made history, becoming one of the first funds to truly democratize access to venture capital.
We want to say thank you to all the investors who’ve been a part of this journey so far, and welcome all those who are just joining for the first time.
We couldn’t be more excited about the future!
Onward,
Ben and the @fundrise team
In 2011, I pitched a top securities attorney in New York on democratizing investing. After hearing me list all of the ways I believed retail investors were disadvantaged by the financial system, he just looked at me and said:
“Why would you bother with the little guy?”
Today, 15 later, we’re listing the @fundrise Innovation Fund on the NYSE under the ticker $VCX.
The financial system has a structural problem that most people can feel but few can name. The most valuable private technology companies are worth hundreds of billions, even over a trillion dollars, and they’ve never gone public. The wealth creation that used to flow through public markets—enabling everyone to participate—now happens behind a wall that excludes everyday investors.
AI compounds the urgency. The companies building the most transformative technology in a generation are growing at rates we’ve never seen before, and the gap between who owns that growth and who benefits from it widens every quarter.
We started working on the Fundrise Innovation Fund in 2021 to test whether a public venture capital fund could work. Over 100,000 investors now own a portfolio concentrated in the leading private AI and technology companies, making VCX one of the largest funds of its kind to ever list on a major exchange. No accredited investor requirement. Now available in any brokerage account.
When that attorney asked me why I’d bother with the little guy, I told him: because they’re getting screwed! But I believe today marks another step in building a better financial system for the individual investor.
Onward
@PattyMarieSD I’m so sorry you’re in this situation. You may find @EverSafeSeniors as a helpful tool to protect your mom in the future and for your monitoring. It is designed specifically to protect seniors against fraud from experts in the space.
If you know any tech companies that got hit by the Silicon Valley Bank collapse, we would be open to help bridge them to make payroll until they get their deposits back.
And I mean at like a 5% interest rate or something super reasonable. The deposits aren't gone. They are just tied up for a period.
@JMatthewMcGarry@Aazarshad Typically subscribers acquired via paid ads are less valuable to brands than those acquired organically or via referrals - lower trust in writer's recos, further from core demographic.
Charging the same CPM for arbitrage subscribers = 📉 advertiser results = 📈 advertiser churn
Amanda Tischler is helping the Washington Capitals grow their fan base by leading new diversity and inclusion initiatives that spotlight underrepresented communities. https://t.co/BNWzPLx94m
Talk Your Book: Why the Real Estate Bull is Just Getting Started
The coming megatrend in housing
An alternative for first-time homebuyers in expensive cities
The future of single-family home rentals
How software is disrupting real estate
https://t.co/iPWsc3zzx4