I don’t generally cover our portfolio companies as often as this week, but the progress in our portfolio and at Rally Rd. has been staggering.
From the day we invested I have been waiting for ‘real time trading‘ and now they have launched it.
This is no small feat as this has all been approved by FINRA.
It is fun to buy fractional collectibles from an iPhone but it is very important to offer users constant liquidity.
It is this ‘illusioon’ of liquidity that makes for better markets. If people know they can sell something, they will be more willing to buy something.
Rally also had a rare copy of ‘The Declaration of Independence’ that sold out for $2 million in just 18 minutes.
Have a great weekend.