Millennial Investing - The Investor’s Podcast Network

MI356: Investing in Rare Collectibles w/ Rob Petrozzo

Jun 17, 2024

01:08:28

Snipd AI

Rob Petrozzo, founder of Rally, discusses investing in rare collectibles on the podcast. Topics include childhood interests, creating Rally, working with the NFL, researching and sourcing collectibles, and creating a museum to showcase assets.

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Rally allows fractional ownership of diverse assets like classic cars and sports memorabilia, democratizing access to high-value collectibles.

Investing in collectibles through Rally involves a personal connection to assets, integrating storytelling and content creation to enhance user engagement.

Establishing trust with investors is crucial, achieved through physical museum spaces showcasing authenticity and value, fostering community and confidence.

Deep dives

Rally: A Stock Market for Collectibles

Rally offers equity in individual assets such as dinosaur fossils, Andy Warhol paintings, and Michael Jordan's sneakers. Assets are turned into stock that goes through an IPO process, creating shares for investors to trade. Rob Petrozzo, the founder, aimed to democratize access to collectibles through fractional ownership, appealing to investors interested in blue chip and digital collectibles.

Intro

2min

Formation of Career Journey and Unique Product Development Approach

17min

Investing in Collectibles and Home Rental

5min

Navigating the World of Collectible Investments

22min

Exploring the Significance of Storytelling in Creating Content for Collectibles

3min

AI Tool Maka for Stock Market Analysis and Fundrise's Real Estate Investment Opportunities

5min

Investing in Rare Collectibles and Building an Interactive Museum

16min

Exploring Ways to Connect and Emphasizing the Significance of Investing Care

2min

In today’s episode, Patrick Donley (@JPatrickDonley) sits down with Rob Petrozzo to learn about the fascinating world of investing in rare collectibles through his platform called Rally. You’ll learn about Rob’s early days prior to Rally, how the genesis of Rally came about, how the platform works and what the early challenges were getting it launched, how they research and source their collectibles, and so much more!

Rob is the founder of Rally, the pioneer alternative investing platform for blue-chip and digital collectibles, including classic cars, sports memorabilia, Birkin Bags, and rare watches, totaling over 400 assets in 19+ different categories.

IN THIS EPISODE, YOU’LL LEARN:

00:00 Intro

02:30 - How Rob’s childhood led to an interest in art and collectibles.

13:02 - What the inspiration behind Rally was and what the early days were like.

15:48 - How working with the NFL made him realized the importance of storytelling.

24:40 - What Rally is, how it works, and what the early hurdles were.

37:07 - How the Great Financial Crisis of 2008 changed Rob’s life.

44:00 - How to get started investing in collectibles with Rally.

55:23 - Why they created a museum to showcase their collectibles.

59:44 - How they research and source items for the Rally platform.

62:31 - What their average holding period is and how liquid the market is.

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Check out: REI160: The Fundrise Approach w/ Ben Miller| YouTube video.
Check out the books mentioned in the podcast here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
Check out our Millennial Investing Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

Connect with Patrick: Twitter

Connect with Rob: LinkedIn | Twitter | Website

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export