/biz/ - Business & Finance

You all invested in StartEngine right? Crypto was the new wave, Robinhood became the next wave, ask yourself logically what the next wave will be... What will be the normies next way of breaking into finance? Venture capital for poors. They love shark tank, they'll see Mr Wonderful on TV telling them they can do it too and this thing will explode more than it already has.

If you're not familiar, you go to StartEngine and can invest in a variety of vetted, private companies. They had their own funding rounds, which I bought into immediately, and will likely have more. They've also had some notable companies such as MCSquares and KnightScope, among many many others.

That alone is all good and fun, but they recently launched the Secondary Market with no commissions... Meaning they will essentially be the Robinhood of private equity, buy into a company and instead of being tied to it until a buyout/public listing, you'll be able to sell it right on StartEngine. Since secondary is so new ( 2 weeks old) it currently only supports trading of STGC (StartEngine) so the hype isn't real yet (other than the price literally doubling today) but when more markets launch and they can move onto developing the app and increase advertising beyond CNBC, this company will 50x(last round was at a $221m valuation, Robinhood currently valued at $11b, StartEngine has much more potential as they get listing fees/equity/etc on top of all the data they will be able to collect and sell outlining what the general public has large interest in, would buy/use themselves, and if they want they can even break into stonks and render Robinhood obsolete.

Get out of the crazy valuations of public companies before the crash and get into the moonshots at ground zero