Chris Lustrino is the managing partner at Kingscrowd Capital and founder and CEO of Kingscrowd. Kingscrowd Capital or KC Capital is the first data driven VC fund for the online private market. (KingsCrowd Website: https://kingscrowd.com/) (KingsCrowd Fund: https://kingscrowd.com/capital/)
In Today's Episode with Chris Lustrino:
What is the online private market? How investing moved from being a paper process to an online activity, and how more people can invest in private companies now all over the world without being accredited investors.
The different regulations to raise capital from the public as a private company: We talk about Reg CF, Reg A+, and Reg D 506(c) as new ways founders as well as VCs can utilize to raise capital publicly. We also talk about how VC-backed companies have raised community rounds to enable their customers become owners.
Data-Driven Investing: How KingsCrowd Capital is collecting 300 data points to rate startups before making investment decisions, and how this level of transparency does not exist in traditional venture capital. We also talk about how AI is as good as the data you feed it, and how much we need better startup data sets.
VC returns and market cycles: Why the VC returns have been declining over the past 10 years, and inefficiencies in the VC model. We also talk about diversity among venture capitalists.