If you're going to invest in spaks, understand these are not robust companies with products in markets. Some of them are speculative companies like the private market companies i invest in for a living. Be prepared to lose all your money. Get to 20 or 30 bets, and keep it to low single digit percentage of your net worths. If you're worth ten million, if you had 500 thousand dollars in these kind of bets, if youll lose it all,. You're not going to have the risk of ruin. Its five % of your networth, you may get back the next year on your other more stable investments. But don't put 90% of your networth into the
Jason covers the Grand Jury indictment of Nikola founder Trevor Milton for making false claims to investors (1:50) and gives short recap of Robinhood's IPO (18:55). Then, Brandon Brown joins to discuss his company GRIN (25:40), the influencer economy, shifting advertising trends, social media platforms and more.