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Animal Spirits Podcast · 2025-10-18 · 38 min · 7,384 words

Talk Your Book: Investing in Start-Up Equity

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Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, and watching. All opinions expressed by Michael and Ben are solely their own opinion and do not reflect the opinion of Ridholst wealth management. This podcast is for informational purposes only and should not be relied upon for any investment decisions.

Clients of Ridholdt's wealth management may maintain positions in the securities discussed in this podcast. Today's Animal Spirits talking book is brought to you by Vested. On today's show we are talking with Dave Thornton. Dave is the co-founder, CEO, and chief investment officer of Vested, which is a company that is helping venture-backed startup companies, their employees, exercise their options. when they leave the company and he is raising money through investment funds to get access to venture capital.

Isn't it interesting how these new ideas or these new services or funds kind of come about just because of the need like this is a solution that didn't exist 10, 20 years ago or whatever, and maybe didn't didn't have a market for. And now it's just a thing that people need. Yeah, one of the things that we didn't ask ask him on the show was when did they when did they start doing this? And this is not, I think what Dave said they are there is this their fifth fund? I mean, this is not brand.

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