41: Brew Johnson: The New Engine Driving PeerStreet and LA’s Hot Tech Scene
Invest Like a Boss
Sam Marks Johnny FD Derek Spartz
4.8 • 518 Ratings
🗓️ 15 February 2017
⏱️ 74 minutes
🧾️ Download transcript
Summary
Brew Johnson is the Co-Founder and CEO of PeerStreet, a P-2-P lending platform that collateralizes borrowers property to secure the loans with the underlying real estate asset. PeerStreet has been turning on investors to a great asset class once only accessible to banks and institutional investors.
We sat down with Brew in their Manhattan Beach offices to hear about how their new backing from Andreeson Horowitz will help them scale and what their plans are for the future. If you haven’t yet listened to Episode 13 with Brett Crosby, be sure to check it out first as it talks more in depth about what PeerStreet is strategies around utilizing the platform.
Links:
PeerStreet - Website
@brewjohnson - Twitter
Where are we:
Manhattan Beach, California
Discussed:
PeerStreet vs. Lending Club - ILAB 13
Stan’s Brutally Honest Factual Expertise About Annuities - ILAB 04
Exotics Racing - The Ultimate Supercar Driving Experience
Nomad Summit - Successful digital nomad conference
Child's Dream - Empowering underprivileged children
Book:
The Sale of a Lifetime - Harry Dent
Time Stamps:
04:01 - Brews nickname
05:02 - Manhattan beach town
06:00 - Best mortgage based city
10:15 - Snapchat’s valuation
12:00 - SpaceX Elon Musk
13:36 - Denmark with family
14:00 - Founding company partnerships
21:21 - Tech & business Co-founders
23:40 - Young entrepreneurs
26:07 - Andreessen Horowitz
32:00 - Company growth
36:40 - Borrowers & Lending Club
40:37 - Loan to value valuation
46:30 - Beach, sharks and board meetings
48:16 - PeerStreet weekly payouts
53:40 - LA’s tech scene
56:00 - Driving a Ferrari
59:40 - Investing 10k in the PeerStreet team
1:06:05 - Short term loan perks
1:14:11 - Empowering underprivileged children
If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!
Copyright 2017. All rights reserved. Read our disclaimer here.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the Invest Like a Boss podcast. I'm Sam Marks and I'm Johnny FD. We're self-made entrepreneurs who invest our own money and use modern technology to invest like a boss. Join us each week for exclusive interviews with our network of modern investors, business owners, and multi-millionaires to discover new ways to invest our hard-earned cash. Hey, guys, this Johnny and welcome to episode 41 of the Invest Like a Boss podcast. |
| 0:22.6 | I'm here Sam Marks. |
| 0:23.7 | Hey, Johnny, man, I had something really great in store for you, but it got wiped off today. |
| 0:29.8 | I had rented your favorite car. |
| 0:32.2 | I'm in Beverly Hills, and I wanted to surprise you and try to convince you to come hang out |
| 0:35.9 | with me. |
| 0:36.6 | But I showed up and |
| 0:38.4 | I didn't have insurance so they canceled it. So first off, you know I'm in Thailand and there's |
| 0:45.7 | even if you had a Ferrari and a place in Beverly Hills, there's no way I can get there. So I guess in |
| 0:51.1 | spirit, thank you. Well, I thought it might convince you to come hang out for a bit. It's been too long, man. We've got to get back together. Yeah, we definitely will. But I do think it's cool that this week you're back in California and you're going to be doing another in-person interview. And this week it's going to be with Brew Johnson, the CEO of Pier Street. Dude, I'm super pumped. I mean, this company's got a lot of win behind its sales. |
| 1:13.5 | We're both investors, not in the company, but through the platform. |
| 1:16.9 | So they got a lot of new news out there. |
| 1:18.6 | And I'm just dying to know what is it like to have a VC backer like Andrewson Horowitz. |
| 1:24.0 | Yeah, so we're both customers of Pier Street. |
| 1:26.7 | And we had them on early on in the Invest Like a Boss podcast series. |
| 1:31.9 | It was episode 13. |
| 1:33.8 | If you guys have not heard that yet, please go back, pause this, go back, listen to episode |
| 1:38.9 | 13. |
| 1:39.5 | It was called Pier Street versus Lending Club. |
| 1:41.8 | And in that episode, we talked about an alternative to a platform that both of us kind of |
| 1:48.3 | regret putting our money in because it's a non-secure, non-backed peer-to-peer lending. |
| 1:53.8 | And at the time, that was our best option. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Sam Marks Johnny FD Derek Spartz, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Sam Marks Johnny FD Derek Spartz and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.