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How to Lend Money to Strangers

Your interest paid in fine wine, with Maxime Debure (WineFunding)

How to Lend Money to Strangers

Brendan le Grange

Credit, Fintech, Management, Lending, Banking, Business, Careers

52.6K Ratings

🗓️ 30 March 2023

⏱️ 33 minutes

🧾️ Download transcript

Summary

When you lend someone money, you give up the usage of those funds - temporarily if things go well, permanently if they don't - and so, to make it worth your while, you charge the borrower interest. That's just business. But sometimes business is good to you, and instead of your interest being paid in boring old Euros, you get paid in fine wine!



That's the concept behind WineFunding, the world's first crowdfunding and alternative financing platform specifically for wine companies. With equity and debt-based model, any wine lover can now also become a wine producer, and drink the glorious rewards of that work.



"It's a passion investment, but it doesn't need to be irrational or risky."



WineFunding's home page is at https://www.winefunding.com/en, with the list of available and funded projects at https://www.winefunding.com/en/projects/explore (I picked this one essentially out of the hat for the episode, https://www.winefunding.com/en/domainebaudon but you're just out of time to participate now)



You can also find videos of those projects on Youtube at https://www.youtube.com/c/Winefunding



WineHub, the co-working and events space dedicated to the wine industry and whose seed funding was raised on the WineFunding platform, can be found here: https://winehub.fr/



If LinkedIn is more your pace, you can find Maxime there (https://www.linkedin.com/in/maximedebure/) as well as pages for WineFunding and WineHub. While you're there, send me a connection request, too.



The wine estates that were bought by the other Pierre's aboard the Berg China were https://cabriere.co.za/ and https://www.la-motte.com/, and are both worth a visit



You can learn more about me on my LinkedIn page, my action-adventure novels are on Amazon, some versions even for free, and my work with ConfirmU and our gamified psychometric scores is at https://confirmu.com/ and on episode 24 of this very show https://www.howtolendmoneytostrangers.show/episodes/episode-24



If you would like to participate in the show, reach out to me at https://www.howtolendmoneytostrangers.show/contact-us



Regards, Brendan



Oh, and if you’re in need of more banking podcasts, you can find related content at https://blog.feedspot.com/banking_podcasts/



Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Diversify your investments, they say.

0:02.0

Know your unicorns from your zabras, your Nasdaq, from your Nikke.

0:05.6

Thankfully, diversity doesn't have to be difficult.

0:08.3

With one simple investment, F&C Investment Trust gives you access to 400 of the world's best companies

0:13.9

and a dividend that's grown for 50 years.

0:16.2

Visit fnc.com.

0:17.9

It's smart to start with F&C.

0:19.9

Capital is at risk and you may not get back the amount invested.

0:22.4

A proof I cannot be a 3D management limited on the 1st of the 2nd, 23.

0:25.5

Authorised and regulated by the financial conduct authority,

0:28.0

there is no guarantee that dividends will continue to grow.

0:33.3

When fnc is not a crowdfunding platform,

0:36.5

when fnc has a crowdfunding platform.

0:39.1

For years after the first deal,

0:41.0

we invested another 500,000 euros this time

0:44.7

and recently we put Vinyal for another 500,000 euro for him.

0:49.9

So a company that was not supported by any banks,

0:54.4

yet no guarantee from family or anything,

0:57.0

thanks to investors, especially the one wine.

0:59.3

He started his company.

1:00.8

Now the banks are actually knocking at the door.

1:04.0

Oh please, can we finance you?

...

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