59: YieldStreet - The Future of Non-Correlated Asset Investing with CEO Milind Mehere
By Sam Marks / Johnny FD
Milind Mehere is the founder and CEO of YieldStreet which is an online marketplace for investing in alternative asset-based loans. 8-20% target returns. 1-3 year terms. Milind has worked for industry-defining companies and personally built and scaled three businesses, one of which, Yodle, was acquired by Web.com for $342 million in 2016. He is a successful tech entrepreneur who created investment opportunities outside the stock market with real collateral and attractive yields. During the show, Milind explains how you can generate passive income by connecting to asset-based investments with strong returns. You'll learn how the investments are structured, typical duration and investment terms including how pre- and post- settlement financing works. Expect to hear about Milind's personal investment portfolio and how YieldStreet maintains a zero principle loss to investors. Links: Yieldstreet.com LinkedIn @milindmehere Where are we: Milland - New York Sam - Ireland Johnny FD - Lviv, Ukraine Discussed: Gofundme.com/playgrounds4orphans Try FreshBooks Free Books: Start Here – Recommended Reading Time Stamps: 05:53 - Founding vision for YieldStreet 10:26 - Non-Correlated assets 12:07 - Duration and investment terms 15:23 - The safest loans in real estate 16:25 - Rolling maturities 17:09 - Milind personal portfolio 24:47 - Peer to Peer breakdown 27:07 - NBA loans 29:06 - Diversified pre settlement finance portfolio 33:01 - Post settlement funding 35:22 - Sourcing deals 43:03 - Tech/data side of business 46:40 - Maintaining zero principle lost to investors 53:12 - The demand of YieldStreet 1:04:30 - Walking across Ireland 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.