Beware of Platform Risk - How PeerStreet, a Real Estate Crowdfunding Firm, Went Bankrupt
Money For the Rest of Us
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The Importance of Platform Diversification in a Bankruptcy
If your broker grows bankrupt, a topic we discussed in episode 253, there's also security. Even with SPVs, it's important as investors to have platform diversification. If you're investing in private asset platforms, we should have diversification. And then finally, if you have a business, not have the majority of your business dependent on one platform.
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