My new hedge fund is going to be concentrated mostly in publicly-traded equites with a little bit of cryptocurrencies and even some investments in early-stage private startups to create a diversified portfolio. I plan to make my early-stage private startup investments via Republic, the first and only crowdfunding platform built from the ground up to be SEC compliant.
I discovered Republic when the CEO, Kendrick Nguyen, reached out to me and took the time to fly from NYC to meet me in NM. I’ve spent the last year and a half getting involved with the company and getting to know their due diligence approach in vetting startups. They study each startup’s business plan, team, market opportunity, traction, and potential growth trajectory. When appropriate, they withhold a portion of the proceeds that a company raises in escrow until it meets certain well-defined milestones of growth; all to protect investors and encourage responsible use of proceeds.
The point of all of this is that starting in 2019, I’m going to be investing some of my new hedge fund’s capital into my favorite startups on Republic that I think have the potential to revolutionize their industries (or the world of course) and I’ll be sending out Trade Alerts to TradingWithCody.com subscribers to let them know whenever I do so.
I’ve asked Kendrick to assign us a point person to answer any questions and help TradingWithCody.com subscribers. Her name is Szandra Ford, and you can schedule a meeting with her directly if you’d like. But frankly, opening an account and investing in startups on Republic are easier than getting an online stock brokerage account. For full disclosure, not only have I become friends with Kendrick but I also have joined their advisory board in exchange for equity in Republic itself.
You guys surely know that investing in startups is more risky than buying Google and Apple and other publicly-traded stocks. Thus, I won’t be investing more than a tiny bit of the hedge fund’s capital in early-stage private assets and you shouldn’t either.
Obviously, there could be some huge upside if we can find some true revolutionary investment-type companies very early on when they’re in the startup phase, and that’s why I’m going to diversify a bit into this asset class, starting with companies on Republic.
It’s an incredible time to be an investor. Let’s keep rocking.