Capital Club Diversification and Liquidity Through Collective Equity with Archimede Mulas
Welcome back to the Colloquium Podcast! In this episode, I welcome Archimede Mulas! Archimede is the founder and managing partner of Collective Equity Ownership, a UK secondary fund that allows founders and shareholders of private companies to pool their equity together. Archimede started Collective Equity back in 2017, having closed their first fund last year, and with a second one in the pipeline for this year. Prior to Collective Equity, Archimede studied Ship Science and Naval Engineering, with a focus on logistic value chains of container shipping and the complexities of Liquified Natural Gas (LNG).
In this episode, Archimede fully breaks down collective equity. He talks about its definition, advantages, benefits, and structure. He shares why it can help a lot of investors and entrepreneurs become more liquid and how it can help in the diversification of their assets. He also talks about how they are educating the marketplace about the opportunities brought by collective equity. Join us and listen in!
[00:01 – 03:33] Opening Segment
- Welcoming Archimede to the show
- Archimede shares his background
- Being a naval engineer
- How a conversation with an entrepreneur on a plane inspired him
- Finding the concept of illiquid wealth
[03:34 – 27:08] Collective Equity: What is It?
- The problem of illiquid wealth
- Diversification is key
- Explaining collective equity
- Who’s eligible?
- Its advantage and benefits
- The element of contribution
- Beneficial ownership
- The problem with secondaries
- Participation of those involved
- Determining liquidity
- Valuations
- Deal-killers
[27:09 – 38:10] Sharing the Benefits of Collective Equity with the World
- Educating the marketplace about the opportunity
- Informing people about the advantage of collective equity
- The dynamic within the founder community
- Archimede talks about exchange fund
- Growing globally
[38:11 – 39:16] Closing Segment
- How you can connect with Archimede
- Closing words
Tweetable Quotes
“Diversification is where I see a lot more value than just pure cash.” - Archimede Mulas
“Valuation is that one node where if you get it wrong, the deal won't go through, and if you get it too good to be true, there's also a problem in the underlying company, that's another red flag that starts being waved. So the way that we look at it is, we don't want to create a new price point for the company, and we try and follow what someone has or has been willing to pay for that class of shares prior to us.” - Archimede Mulas
“What we try to provide them is a bit of peace of mind in their financial stability, which is something that nobody else can give them, and then knowing that they're doing this with other great founders and other angels just reassures them that this is a step that they’re happy to have made as part of their journey.” - Archimede Mulas
Resources Mentioned:
------------------------------------------------------------------------------------------
Connect with Archimede on LinkedIn!
Connect with me:
LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON!
Hosted on Acast. See acast.com/privacy for more information.