In Episode 112, we explore building an alternative investment platform across income, equity, and real estate. We’re joined by Milind Mehere, Yieldstreet’s Founder and CEO. We cover the entrepreneurial spirit, building a portfolio of liquidity, and why you should invest in private markets.
“I think we talk a lot about spending; we should talk an equal amount about earning.” – Milind Mehere
EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED)
https://www.danielscrivner.com/notes/...
FULL TEXT TRANSCRIPT
https://www.danielscrivner.com/notes/...
ABOUT YIELDSTREET
Milind Mehere is co-founder and CEO of Yieldstreet. Yieldstreet was founded in 2014, and over the last eight years has built one of the largest private investment platforms in the world. To date, they've brought on over 377,000 members to invest more than $1.5 billion, and they've paid out over $196 million in interest on income producing investments alone, not including principle. What started out as a far-fetched idea in 2014 to build one of the world's first private market investment platforms, initially focused around producing income investments like credit, hence the name Yieldstreet, has become one of the largest investment platforms in the world alongside companies like AngelList and Republic.
In this episode, we explore why alpha has evaporated from public markets with the rise of indexing, ETFs, and automated investment strategies over the last 20 years, why private equity, venture capital, real estate and private credit have exploded in that same timeframe, why the classic 60/40 portfolio is dead and how investors should rethink their approach to investing across public and private markets going forward. We also discuss how Yieldstreet built one of the world's largest investment platforms, bringing on investment managers and investors at the same time, and why Yieldstreet's focus has been on building what they call distribution infrastructure for investing. Finally, we cover why Yieldstreet built a horizontal business straddling many smaller verticals instead of focusing on just one aspect of private markets. This episode is our definitive guide to private markets and building a private market investment platform.
💌 FREE NEWSLETTER
https://www.outlieracademy.com/newsle...
🎙 LISTEN ON
iTunes: https://podcasts.apple.com/us/podcast...
Spotify: https://open.spotify.com/show/58edVNg...
Overcast: https://overcast.fm/itunes1523851182
📈 MOST POPULAR INTERVIEWS
🎬 1. #25 The Bullion Reserve: A Master on Why and How to Invest in Gold | Simon Mikhailovich, Founder & CEO: • 25 The Bullion Reserve: A Master on Why & ...
🎬 2.#18 Several Short Sentences About Writing: A Masterclass on Becoming a Better Writer | Verlyn Klinkenborg, Author & Yale Professor: • 18 Several Short Sentences About Writing |...
🎬 3. #16 The Chemistry of Fire: Stories from the Top of Mount Washington to 12,000 Feet Beneath the Ocean to Night Assaults with the 82nd Airborne Division | Laurence Gonzales, Author: • 7 Deep Survival: The Incredible Neuroscien...
🎬 4. #6 The Paterson Center: Gaining Clarity on Your Life's Purpose | Pete Richardson, Co-Founder & Master Guide: • 6 The Paterson Center: Gaining Clarity on ...
🎬 5. #21 Maran Capital: Investing in Buy and Build Compounders in Public Markets | Dan Roller, Founder & CIO: • 21 Maran Capital: Investing in Buy & Build...
ABOUT OUTLIER ACADEMY
Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK.
Website: https://www.outlieracademy.com
Twitter: / outlieracademy
ABOUT DANIEL SCRIVNER
Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts.
Website: https://www.danielscrivner.com
Twitter: / danielscrivner
Информация по комментариям в разработке