Rob Connolly: Human Capital and Investing in Athletes with Finlete

Alts

English - March 14, 2023 04:02 - 32 minutes - 29.9 MB
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Previous Episode: John Green: Investing in Cities with Nada.co

Next Episode: Anthony Morena: Real Estate Investing in New York City

In this episode, Rob Connolly speaks to Alts about Finlete, his startup allowing retail investors to invest in young professional athletes in return for a share of their future professional contracts. Rob talks about the company’s reason for focusing on minor league players, how Finlete’s player contracts work, and the company’s current pre-seed round of funding on finlete.co/invest.

Discussion topics include:

Investing in Finlete’s pre-seed round at finlete.co/invest

Poverty-level wages made by minor-league baseball players

The benefits of selling a portion of their career earnings for aspiring players

Fernando Tatis, Jr.’s payout from a $350 million contract

Investing in Finlete’s pre-seed round through Wefunder

How Finlete identifies the athletes to invest in

Receiving a positive reception from players

Setting a goal of 100 players on the platform

Contract terms for investment returns

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