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Tank Talks By Ripple Ventures

Democratizing Access to Startup Investing with STONKS.com Founder Ali Moiz

May 5, 2022
57:51

Retail investing, meme stocks, and finding new ways to bring underrepresented and non-traditional demographics into the investor class will be a lasting impact of the last two years. Our guest today, Ali Moiz, Founder and CEO of Stonks.com is at the center of that movement. We talk with him about what led him to create the platform, which allows accelerators and investors to Livestream demo days and founder pitch sessions. We hear the story of how he got the domain, how his history led him to this, and what he plans to do with his recent funding round which he raised obviously on Stonks.com itself.

About Ali Moiz:Ali has been a successful founder for over 20 years. Most notably as CEO of Streamlabs, a platform to improve the streaming experience for creators on platforms like Twitch. He Founded Stonks.com in 2021.

A word from our sponsor:

At Ripple, we manage all of our fund expenses and employee credit cards using Jeeves.

The team at Jeeves helped get me and my team setup with physical and virtual credit cards in days. I was able to allow my teammates to expense items in multiple currencies allowing them to pay for anything, anywhere at any time. We weren’t asked for any personal guarantees or to pay any setup or monthly SaaS fees.

Not only does Jeeves save us time, but they also give us up to 3% cash back on our purchases including expenses like Google, Facebook or AWS every month. The best part is Jeeves puts up the cash, and you settle up once every 30 days in any currency you want, unlike some other corporate card companies that make you pre-pay every month.

Jeeves also recently launched its Jeeves Growth and Working Capital initiative for startups and fast-growing companies to enable more financial freedom for every entrepreneur. The best thing of all is that Jeeves is live in 24 countries including Canada, the US and many other countries around the world. Jeeves truly offers the best all-in-one expense management corporate card program for all startups especially the ones at Ripple and we at Tank Talks could not be more excited to officially partner with them.

Listeners of Tank Talks can get set up with a demo of Jeeves today and take advantage of our Tank Talks special with a $700 sign-on bonus and skip the waitlist that already has thousands of companies by visiting tryjeeves.com/tanktalks to get setup today!

In this episode we discuss:

03:21 Ali’s journey into startups and company building05:35 The biggest lessons he learned from his experiences with startups07:42 His early experiences with angel investments09:48 What Stonks.com is and how it works16:06 How the pre-seed and seed rounds of Stonks.com came together18:21 How Stonks.com short-circuits the fundraising process for startups21:11 How companies can raise capital on Stonks.com23:09 What Stonks.com addresses that other platforms are not28:16 How Stonks.com sets up for Demo Days38:40 How Stonks.com is infiltrating the traditional market41:08 Managing VC relationships offline42:30 Ali’s advice for acquiring liquidity on the secondary share market50:01 Building companies in and around financial crises

Fast Favorites:PodcastThe All-In Podcast

Newsletter/Bloga16z

Tech GadgetWhoop

New TrendDemocratizing access to asset classes that were previously closed (The Robinhood Movement)

BookThe Almanack of Naval RavikantThe Cold Start Problem

Life LessonGrit/ Persistence

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Podcast production support provided by Agentbee.Agency



This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com

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