4.6 • 683 Ratings
🗓️ 2 September 2018
⏱️ 17 minutes
🧾️ Download transcript
I describe myself as a recovering investment banker. I run a startup that is helping people invest together with those they know and trust.
While I have devoted time across several sectors, the common threads are financial services and capital markets. I have extensive experience in the formation, structuring and financing of public and private companies. Transactions across international capital markets have provided me with considerable insight into valuation, positioning and strategy. I leverage this to contribute to the development and growth of successful businesses.
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0:00.0 | He's launched Volio, which is essentially a social trading platform, also now jumping into |
0:04.4 | crypto as well as you can do with your friends. He's raised $5 million to really grow this. |
0:08.8 | He just went to market recently, $2,500 in total revenue last year. Obviously, that'll grow. |
0:13.1 | This year he makes money by charging a fee each time you trade, which is really a diluted fee |
0:17.9 | if you do with a group of friends. So nice social dynamics. |
0:20.9 | This is the top entrepreneurs podcast where founders share how they started their companies and got |
0:27.4 | filthy rich or crash and burn. Each episode features revenue numbers, customer counts, |
0:36.0 | and other insider information that creates business |
0:39.5 | news headlines. We went from a couple of hundred thousand dollars to two point seven million. |
0:44.7 | I had no money when I started the company. It was $160 million, which is the size of any IPOs. |
0:50.1 | We're a bit strapped. We have like 22,000 customers. With over 5 million downloads in a very |
0:57.8 | short amount of time, major outlets like Inc are calling us the fastest growing business show on iTunes. |
1:04.1 | I'm your host, Nathan Latka, and here's today's episode. |
1:08.9 | Hello, everybody. My guest today is Thomas Beattie. |
1:11.7 | He describes himself as a recovering investment banker at his current company, Volio, |
1:16.5 | or Volio, which we'll dive into today. |
1:18.2 | He runs this startup that is helping people invest together with those they know and trust. |
1:22.3 | He's devoted time across several sectors, but his common threat is that they're all |
1:25.8 | financial service related or in the capital markets. He has extensive experience in the formation, structuring, and financing |
1:32.4 | of public and private companies. Transactions across international capital markets have provided |
1:36.6 | him with considerable insight and evaluation, positioning, and strategy. He now leverages this to |
1:41.1 | contribute to the development and growth of new and successful businesses. |
... |
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