Venture Capital and Private Market Investing with Rob and Scott

In this episode of the Informed Decisions podcast, I chat with Rob Halligan and Scott Ashmore, co-founders of Shuttle, a platform aiming to democratise access to private equity and venture capital investments.

 

The conversation dives into the fundamentals of private markets, how they differ from public equity investing, and why early-stage companies often turn to private capital over traditional bank loans. Rob and Scott shed light on the risk-reward profile of venture investing, the importance of diversification, and how Shuttle helps everyday investors participate in an asset class typically reserved for institutions and high-net-worth individuals.

 

The discussion also explores the mechanics of venture funding - from pre-seed to Series D rounds - highlighting how company valuations are set and the expected timeframes for returns. With Central Bank of Ireland authorisation, Shuttle operates a quarterly investment model, allowing users to gain exposure to a portfolio of vetted startups. The duo outline their vision for the platform, its future expansion into VC fund access, and how it aligns incentives by charging only a modest annual fee and a performance-based profit share.

 

Key Points:

• Private vs Public Markets: Private equity involves investing in unlisted companies, offering potentially higher returns but greater risk and illiquidity.
• Venture Capital Basics: VC is a subset of private equity focused on early-stage, high-growth startups, structured around funding rounds (e.g., Seed, Series A-C).
• High Risk, High Reward: Venture capital returns follow a power law distribution—few winners generate most of the returns.
• Diversification is Key: Investors should aim for 50+ holdings to reduce risk; Shuttle structures this via quarterly “drops” of 2–3 companies.
• Accessibility: Shuttle enables retail investors to participate in venture deals from as little as €250 per quarter.
• Platform Model: Investors pay €250/year plus a 10% fee only on realised profits, aligning platform and investor interests.
• Liquidity & Exit: Returns typically take 5–10 years; Shuttle is exploring secondary markets to improve interim liquidity.
• Market Trends: Private companies are staying private longer; institutional data points to retail access as the next frontier.
• Educational Focus: Shuttle supports investor understanding through simplified UX, content, and risk-appropriate onboarding.

I hope it helps

 

JoinShuttle.com

 

Grit by Angela Duckworth – recommended by Rob Halligan. A book about the power of passion and perseverance in achieving success.

 

Outliers by Malcolm Gladwell – recommended by Scott Ashmore. It explores what makes high achievers different, focusing on the factors that contribute to success.

 

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