73 Strings' Yann Magnan - the opportunity for AI to automate private markets

00:43:14 · Yann Magnan, Michael SidgmorePlay from here

[00:43:14] S1: I think the key driver behind that question is actually the willingness to attract retail investors into the private capital industry. That's the key thing. If you stick to a private capital industry that is mostly financed by institutional LPs, And what you said is, I mean, of course, there's interest that private that information is shared when it is shared that valuations don't move too much to a certain extent. But the moment you want to attract retail investors into a mix, again, I mean, you and I, and we're only going to get into there if we think that we can invest 10,000 at some point in time and we can exit if we want to whenever we want. And when we do that and when we look at that, we're always going to compare what we can do with private against what we can do in public. If public is volatile, you would expect that private will be volatile as well because if it's not, then you're creating a bias at some point in time. I mean, to me, real revolution in the industry, in the way the industry operates, in the way the industry looks into their processes and how to report to VLP's is going to come from that retail investors trend. [00:44:36] S0: Which is a really exciting trend because it really brings private markets to the next stage. I think this has been a fantastic overview of how we got here, both in terms of your career as well as where the industry has evolved to from a valuation perspective. Congrats on everything you built with seventy three Strings, and it was a pleasure to have this conversation.

00:44:36 · Michael Sidgmore, Yann MagnanPlay from here

[00:44:36] S0: Which is a really exciting trend because it really brings private markets to the next stage. I think this has been a fantastic overview of how we got here, both in terms of your career as well as where the industry has evolved to from a valuation perspective. Congrats on everything you built with seventy three Strings, and it was a pleasure to have this conversation. [00:44:55] S1: Thank you, Michael. Pleasure to be here with you. [00:44:58] S0: Thanks for coming on the show. [00:44:59] S1: Thank you. [00:45:02] S0: Thanks for listening to this episode of Alt Goes Mainstream. I hope you enjoyed it. You can read more about alts at my substack, altgoesmainstream.substack.com. Thanks a lot, and have a great day.