Starup Series – Viktor Nebehaj, Freetrade - We Want Everybody To Have Access To Investing | #326

The Meb Faber Show - Better Investing

The Idea Farm

Business, Investing, Management

4.7 • 938 Ratings

🗓️ 5 July 2021

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In episode 326, we welcome our guest, Viktor Nebehaj, co-founder of Freetrade, whose mission is to get everyone investing by making it simple and commission-free with a stockbroker you can trust. As a special offer for listeners of the show, visit freetrade.io/MEB and get a free stock worth 3 - 200 GBP. In today’s episode, we start with Viktor’s early days at Google. Then hear how he went all-in on a crowdfunding campaign for Freetrade and loved the product so much he joined the company as a co-founder. We dive into the company, which offers commission-free brokerage without payment for order flow or margin lending. Viktor shares how the company makes money, what the appetite for this product has been like in Europe, and what it was like to navigate the craziness of 2021. As we wind down, we hear about Freetrade’s crowdfunding experience, with seven total rounds raising roughly 60 million dollars. ----- Follow Meb on Twitter at @MebFaber ----- This episode is sponsored by Bitwise. The Bitwise 10 Crypto Index Fund is the world’s largest crypto index fund. It holds a diversified portfolio of cryptoassets, including bitcoin, ethereum, and DeFi assets. Shares of the fund trade under the ticker "BITW" and are accessible through traditional brokerage accounts. Shares may trade at a premium or discount to net asset value (NAV). For more information: www.bitwiseinvestments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Mebb Faver Show, where the focus is on helping you grow and preserve your wealth.
0:11.0	Join us as we discuss the craft of investing and
0:13.5	uncover new and profitable ideas all to help you grow wealthier and wiser.
0:17.2	Better investing starts here.
0:18.8	Matt Faber is the co-founder and chief investment officer at Cambria Investment Management.
0:23.3	Did it industry regulations, he will not discuss any of Cambry's funds on this podcast.
0:27.2	All opinions expressed by podcast participants are solely their own opinions and do not reflect the opinion of
0:31.2	Cambria Investment Management or its affiliates.
0:33.4	For more information, visit Cambria Investments.com.
0:39.6	Welcome, podcast listeners.
0:40.9	Today we have another episode in our podcast founder series where we
0:44.7	invite kick-ass entrepreneurs to chat about their experiences from the front lines of
0:49.0	starting a company. We cover everything from newly minted startups still struggling to make it out of their garage
0:54.4	all the way to the elusive unicorns that are either transforming traditional business sectors with innovative ideas
1:00.5	or creating entirely new ones through cutting edge technologies.
1:04.0	Either way, the result will be total catastrophic failure in bankruptcy,
1:08.0	or hundreds of millions of dollars of revenue,
1:10.0	and evaluation worth north of a billion dollars.
1:14.0	Listen in to hear the tales of blood sweat and tears
1:16.7	as these founders try to change the world.
1:19.2	As a disclosure reminder, I've invested in most,
1:21.7	if not all of these startups and will look to invest more as they
	...

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