i'd love to understand who's actually investing in robin hood. The minimums for a deal are typically, wod say, 500 dollars per investment. We have something called athena wanting to, but we will actually reject advance of 60 plus % of companies based on the information that you give us and no humans are interacting.
The Sunday Times’ tech correspondent Danny Fortson brings on Ryan Feit, co-founder of SeedInvest, to talk about creating the Robinhood for private startups (3:45), working at Lehman Brothers before the recession (6:45), scratching the entrepreneurial itch (12:45), business school (16:30), the idea for SeedInvest (18:30), getting a law passed in Congress (20:20), making the regulator’s job harder (28:45), pondering giving up (31:45), finally getting regulations passed (34:20), the average SeedInvest investor (37:50), what’s in it for founders (42:10), and frothy markets (46:40).
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