Eric Satz, CEO of Alto, sits down with David Weisburd to discuss how startups can access $13 trillion in retirement capital. In addition, they discuss why to invest in alternative assets via retirement capital, strategies for personal venture portfolio construction and how cryptocurrency fits into alternative asset investing.
(0:00) Introduction to Eric Satz and Alto
(1:43) Investing retirement funds in alternatives
(3:39) Traditional custodians vs. self-directed IRAs
(6:54) The role of issuer involvement & platform integrations
(11:04) The evolution of Alto's business model
(13:09) The case for alternatives in IRAs and venture capital
(17:08) Peter Thiel's Roth IRA controversy and its implications
(20:17) Sponsor: Deal HR and payroll platform
(21:12) Investment strategies for high net worth individuals
(23:06) Navigating investments in cryptocurrencies
(25:26) The psychology of trading and the benefits of illiquidity
(28:27) Sponsor: Academic research on portfolio checking
(29:01) Utilizing Alto IRA for alternative investments
(30:06) Alto's future and fiduciary responsibilities
(32:07) Final thoughts on startup success
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