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Well. ARKK is back.
what’s the most you’ve spent on brunch 🤣
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Well. ARKK is back.
what’s the most you’ve spent on brunch 🤣
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Never heard of this before but just clicked the link and read about it. Why are these people qualified to make investments and what’s the value proposition? I would have hoped this was immediately clear upon opening the website but doesn’t seem so. The CEO also looks like he has a 2nd job which seems weird
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The prospectus is in the app, I haven't had time to read all the way through it, obviously will before I throw money at it, but there's your answer for their investment strategy. But the value prop is not having to make a minimum investment of 500k and be a credited investor.
They've been working with the SEC for 4 years to get approval on their fund, so doesn't really concern me that he has two other founder roles on his LinkedIn.
He's surrounded himself with a pretty good group of scouts/advisors/analysts 🤷🏻♂️
I’ve been on the list for a while, it’s probably a decent idea (crowd funding, low buy in) but the success is obviously dependent on their track record and the two founders don't really have one. Also the fees are 6% of which I think 4% was marketing so they can go scratch.