Creating Core Platforms in Financial Services and Real Estate through Acquiring Small Businesses

Al Goldstein, Co-Founder, CEO, and Chairman of Stoic Lane stops by The Business Brew to discuss what his firm is doing in the private markets. Stoic lane is focused on acquiring controlling positions primarily in short term rental management and back office solutions for entrepreneurs. The entity is structured as a corporation with shares rather than as a partnership. As of now, Al's long term goal is to go public.

3:00 - Background and first exit

6:00 - Entering real estate in 2008

8:00 - Al's perspective as an immigrant

10:00 - Starting a private REIT

13:50 - Al's next venture in consumer lending

18:30 - What is Stoic Lane

26:15 - Capital light model with regional brands

30:00 - Creating the right incentives

34:00 - Focusing on the long term

40:00 - Execution is the hard part