Yieldstreet is touted as a Financial Tech company that leverages the power of the internet to make a unique contribution to investment. Its focus on alternative investments includes placements in Litigation Finance, marine vessel acquisition, deconstruction, and real estate, among others. The overall impression is that Yieldstreet can provide excellent returns with alternative investments, though their fees are higher than one might expect.
In this episode, we spoke with Michael Weisz of YieldStreet. Michael discusses how YieldStreet’s platform operates, allowing accredited investors to participate in alternative asset deals (including litigation finance) typically reserved for institutional players. Michael also explains the advantages of the platform provided to both investors and deal partners, as well as how the funding industry has evolved over the five years since YieldStreet’s inception, and why he believes the litigation funding industry is headed for a $50-$100 billion valuation by 2030.
Episode 47 — Michael Weisz; YieldStreet
NEW YORK–(BUSINESS WIRE)–Jan 9, 2019–YieldStreet, a digital wealth management platform that is working to change the way that wealth is created, has become the first multi-asset platform to cross over $560MM invested since inception.
On this episode, we spoke with Michael Weisz, Co-Founder of YieldStreet. YieldStreet is a platform that allows accredited investors the opportunity to invest in alternative assets, such as commercial real estate and Litigation Finance. Michael explained to us why YieldStreet was founded, how the platform works, how they managed to overcome the challenge of educating investors about niche asset classes through YieldStreet University, and what the future looks like for both YieldStreet and Litigation Finance.
