Beware of Platform Risk - How PeerStreet, a Real Estate Crowdfunding Firm, Went Bankrupt
Money For the Rest of Us · Money For the Rest of Us
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Show Notes
How to mitigate the risk of investing on crowdfunding platforms where there is little transparency on the underlying financial health of the platform company.
Topics covered include:
- What is the platform economy
- How blitzscaling and an over-reliance on venture capital funding led to Peer Street's bankruptcy
- What happens next for investors on Peer Street's platforms
- How individuals and businesses can mitigate the risk of investing or conducting business on platforms
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Show Notes
LinkedIn Post by Brett Crosby—LinkedIn
Crowdfunding platform PeerStreet files for bankruptcy by Flávia Furlan Nunes—Housingwire
VC finds its footing as headwinds weaken by James Thorn—PitchBook
PitchBook-NVCA Venture Monitor—PitchBook
Real estate debt marketplace PeerStreet files for bankruptcy by Matt Carter—inman
Related Episodes
253: Are IPOs the New Ponzi Scheme?
301: Use Caution with Alternative Investments
393: What Happens If Your Brokerage Firm Goes Bankrupt
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