This is the Gary V. Audio Experience.

Great, I just want to maximize the time before I have to catch this flight to Atlanta.

So thank you for listening. Please grab your food. I see where the mics are.

Does he? So there's three people there. I'm trying to just get in context.

Alright, why don't we go go ahead sir. What's your name and what's your question?

I have a question. What's your experience maybe with ground funding and businesses

that run primarily on crowdfunding, sustainability of that in the future,

are possible issues that come up with how states are looking at taxing crowdfunding and

TPPG online. Look, I think even if your point, the evolution of crowdfunding gets harder

and not as wild, wild west and it changes the dynamics, it's hard now.

Like, you know, crowdfunding is, you know, is really fascinating because people get

excited when they hear about the one startup that gets like a million dollars or a bunch of people.

But like, 99% of crowdfunded companies that are posted don't reach their goals

or get to where they're at. So my answer is this, it will be a model that I genuinely believe

will always be out there because it's native to the internet, right?

We're more connected, it makes sense. But I think it's going to come down to the thing

that it always comes down to, which is I'm not against it. I like it.

I like it the same way it's pitching a high net worth individual to give you a million dollars

for the piece of it. You know, there's a million different ways to, we're living in a

New York now where people don't go to the bank for loan anymore.

And that was the only way we did it in 1989. So things will evolve in funding.

I think it's a viable platform. I wouldn't overly worry about what it's going to look like in 2027.

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