Rob Connolly: Human Capital and Investing in Athletes with Finlete
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/investPoverty-level wages made by minor-league baseball playersThe benefits of selling a portion of their career earnings for aspiring playersFernando Tatis, Jr.’s payout from a $350 million contractInvesting in Finlete’s pre-seed round through WefunderHow Finlete identifies the athletes to invest inReceiving a positive reception from playersSetting a goal of 100 players on the platformContract terms for investment returnsFollow Alts- Website & newsletter: https://alts.co- YouTube: https://www.youtube.com/@altassetsinc- Discord: https://discord.gg/DEkHgzggwC- Twitter: https://twitter.com/altassetsclub- Insta: https://instagram.com/alts_co- Quora:https://www.quora.com/profile/Alts-7