added by sari · updated 2y ago
Software is Eating the Markets
- Technology, new fund structures, and regulatory changes are combining to work their magic here, too. Platforms like AngelList and Forge give regular (albeit, currently, high net worth) people the opportunity to access high risk, high reward venture investments, from early to late stage, and even in the public markets.
from Software is Eating the Markets by Packy McCormick
sari added 3y ago
- Like angel investments in the Bay Area, when you add social and experiential value to other asset classes like stocks, sneakers, and cryptocurrencies, price is divorced from hard math and becomes more emotional.
from Software is Eating the Markets by Packy McCormick
sari added 3y ago
- We will see more products that make owning stocks feel like owning a piece of the company itself over time, whether from existing startups or new entrants. One idea would be to create a digital equivalent of AmEx’s “Member Since ‘00” card for stock ownership. I would love to show off the fact that I’ve owned Shopify since $89 and SNAP since $20 wit... See more
from Software is Eating the Markets by Packy McCormick
sari added 3y ago
- One of the reasons that angel investing in the Bay Area was such a status symbol is that it was fairly exclusive.
from Software is Eating the Markets by Packy McCormick
sari added 3y ago
- But while each new form factor or delivery method for music stole share from the previous generation, new forms of video and video games increased the size of the overall pie.
from Software is Eating the Markets by Packy McCormick
sari added 3y ago
- Software is eating the markets. Flush with cash and empowered by new tech platforms that blur the lines between investment, experience, entertainment, and digital assets, a segment of consumer investors are shifting money from consumption to investment. Consumer investors expect different things from their investments than professionals do and valu... See more
from Software is Eating the Markets by Packy McCormick
sari added 3y ago
- Additionally, with bonds at all-time low rates, investors can make a rational argument that they should actually diversify into more interesting asset classes like art, trading cards, real estate, and sneakers, which are now more accessible due to Reg A+ and the businesses the regulatory change has enabled. It’s hard to measure the impact of “fun” ... See more
from Software is Eating the Markets by Packy McCormick
sari added 3y ago
- Like mobile gaming, new investment platforms will grow the overall investing pie.
from Software is Eating the Markets by Packy McCormick
sari added 3y ago
- We are in the earliest innings in this space, but I’m now more bullish on crypto than ever before because it is both an inflationary hedge and a way to empower new forms of ownership in a world that is trending towards everything becoming an investible asset.
from Software is Eating the Markets by Packy McCormick
sari added 3y ago