#112 Yieldstreet: Building the Alternative Investment Platform of the Future Across Income, Equity, and Real Estate | Milind Mehere, Co-Founder & CEO
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/yieldstreet-milind-mehere FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/yieldstreet-milind-mehere-transcript CHAPTERS This episode is our definitive guide to private markets and building a private market investment platform. In it we cover: (00:00:00) – Introduction (00:02:22) – From tech entrepreneur to creating an investment platform (00:08:44) – The entrepreneurial spirit (00:12:07) – How public markets have shifted, and why you should invest in private markets (00:16:09) – Changes in consumer behavior that affect how we should invest (00:20:30) – Recommendations on how to allocate your investment portfolio (00:23:07) – Building a rolling portfolio of liquidity (00:27:06) – Retail investors and a generational wealth transfer (00:31:55) – The investment environment in Yieldstreet’s early stages (00:35:43) – How an ongoing bet between co-founders propelled Yieldstreet forward (00:37:41) – The extreme need for trust and credibility in money management (00:41:43) – Distribution infrastructure and a two-sided marketplace in Yieldstreet (00:51:36) – Founders: learn from feedback, find the right team, and be well-capitalized 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. This episode is our definitive guide to private markets and building a private market investment platform. 💌 FREE NEWSLETTER https://www.outlieracademy.com/newsletter 🎙 LISTEN ON iTunes: https://podcasts.apple.com/us/podcast/outlier-academy/id1523851182 Spotify: https://open.spotify.com/show/58edVNgqaPNaCSGSxM6pef?si=88f37a5d20434775 Overcast: https://overcast.fm/itunes1523851182 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: https://www.twitter.com/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: https://www.twitter.com/danielscrivner Learn more about your ad choices. Visit megaphone.fm/adchoices