Season 242 Episode 8254
S1 E69 - The Future of Investing: Crowdfunding Is the Digital Evolution of Investing - KingsCrowd
"KingsCrowd CEO Chris Lustrino on Revolutionizing Investment, Making Startup Financing Accessible and Efficient For Everyone http://s4g.biz/04apr24 AI Episode Summary 1. Devin introduces the Superpowers for Good show, emphasizing that listeners can learn how to make impactful changes by drawing lessons from successful changemakers. 2. Chris Lustrino, CEO of KingsCrowd, describes his company as a data and ratings platform for startup investors, consolidating investment opportunities from over 80 platforms into a single, efficient system, much like Bloomberg or Morning Star for the startup investment world. 3. Devin discusses the future growth of the crowdfunding space, predicting a significant increase in market size driven by ordinary investors participating in Regulation Crowdfunding (Reg CF) and Regulation A (Reg A) offerings. 4. Chris concurs, envisaging the digitization of private market investments, such as startups and real estate, and the movement away from traditional, offline transactions. 5. KingsCrowd is currently crowdfunding on Wefunder to scale revenue channels and invest in product development and AI, with a focus on achieving sustainability and reducing reliance on outside capital. 6. Chris introduces KingsCrowd Capital, an investment fund product similar to an ETF that allows passive investment in a diversified private market portfolio, with potential for AI-driven fund decisions in the future. 7. The importance of high-quality data to power AI investment tools is highlighted, with Chris suggesting that data-rich companies will be key to enabling AI efficacy in investment decision-making. 8. Devin and Chris discuss the role of AI in due diligence and the challenges that can arise from the accuracy of data, demonstrating the need for reliable, curated data sources. 9. Chris attributes his superpower to resiliency; the ability to persist in the face of challenges and setbacks, evidenced by his ability to pivot and secure funds for KingsCrowd amid a significant deal falling through. 10. Chris leaves viewers with contact information and an open invitation to reach out for discussions, expressing eagerness to engage with both supporters and skeptics of his company’s mission. http://superpowers4good.com "
