Casey Comerford on Investing in private companies and start-ups
Casey Comerford
Investing in private companies and start-ups
Claims and stances
Transcript
- 0:00 I was watching the most recent segment of Sixty Minutes recently.
- 0:04 Um was highlighted by an interview um with CEO of BlackRock uh Larry Fink.
- 0:12 And he was mentioning how both himself as well as the Trump administration are totally in favor of allowing the public to invest in private company private corporations, companies, startup companies, um, which they currently can't do.
- 0:28 And I just think that um, you know, I was thinking if the Trump administration is in favor of this and that actually happened, how drastic of an impact that would have on the market as well as people in general.
- 0:38 I mean, right now, pe like in a capitalist investing, we can only really invest as a public in you know, public corporations, whereas these hedge funds and people of power, um corporations, big corporations, are able to invest in these private companies and these startups.
- 0:55 And if you look at the returns off those, um, they are significant.
- 0:59 I mean, I think if you're looking at the public being being able to invest um in, say, these startup companies, especially in the tech age with how many um AI and technology startups are coming out.
- 1:11 You know, the returns from investing those, they're they are more risky because it could flop.
- 1:15 However, if you have a diverse portfolio and you invest in enough of these startups, especially tech companies, these returns will be far greater than what you're currently seeing out of um retirement funds, um, stuff like that.
- 1:28 So this could revolutionize the investment world, the market for the the general public of America.
- 1:35 Um and in a time right now where, you know, stock exchange and all that is um, you know, under a lot of change and you know, uncertainty.
- 1:46 Um I think it would be very interesting um to see how opening up private companies and startup companies for investment would change the economy, as well as for the startups who would just get an inflow of even more investment um than they do currently.
- 2:01 So it's definitely an interesting topic.
- 2:02 Let me know what y'all think.