Episode 207: Mutual Funds are Just One Way to Invest - How to Invest In Startups
The majority of dental professionals keep their money safe in mutual funds. This is known as a stable way to make a return on your money with a relatively low risk. However, for far too long, only the wealthiest of the wealthy could invest in private companies and funds. As such, the wealth gap continued to widen. Take Menlo Venture's investment in Uber for example. They made 93x on their investment in just a few short years. But that was reserved for the upper echelon of accredited investors.
In this episode, founder and CEO of Kingscrowd, Chris Lustrino shares more about equity crowdfunding. No, this is not like Kickstarter. Ever since the JOBS Act approval, nearly anyone can invest in private companies. This provides more opportunity for people like you to invest in start-ups. Though investing in a start-up is risky, the return can be quite magnificent.
To get your first 8 weeks of Kingscrowd for only $5, use coupon code DENTALKING. That's a steal :)
Also, as of today, June 3, podcast host, Ryan Vet, is raising money for his start-up, Boon, on equity crowdfunding platform WeFunder. Click here for more information. Boon is an on-demand, dental temp agency.