THE DACXI CHAIN INTERVIEW | BLOCKCHAIN TECH TRANSFORMING EQUITY CROWDFUNDING | CEO Ian Lowe | EP23
[Music] what's going on everybody and welcome back to another episode of Next Big Thing HQ with one of our most exciting interviews to date by popular demand we welcome on the CEO of doxy chain Ian low uh we very excited to have him on uh somebody we've wanted to have on for a while and something that has been the talk of equity crowdfunding for a while now as well uh they are the world's first Global Equity crowdfunding ecosystem uh they're connecting numerous numerous crowdfunding platforms into a United Global Network powered by blockchain technology um so with that being said Ian thank you for taking the time and welcome on Next Big Thing HQ oh it's great to be here I've been looking forward to to talking with you guys so I guess with uh that being said uh let's hand it off to Connor Connor want to start to ask in the first question well first off thank you for coming on we really appreciate it and with that being said doxy chain can you talk about what the current problems it's trying to solve with the equity crowdfunding industry within the equity crowdfunding industry yeah I'd be I'd be glad to so when we first started looking at uh the different innovation opport unities that blockchain presents uh Equity crowdfunding presented itself as a really interesting candidate and that that was based on um an analysis where we started to understand some of the constraints or limitations for Equity crowdfunding so if we think about Equity crowdfunding today there's been a huge amount of excitement around what it's capable of delivering and in particular it's it's it's seat at the table around you know the funding of the Innovation economy generally so there's this idea of unlocking uh Capital at scale to fund Innovation and fund growth and then on the other side of that equation there's this democratization of Investments and access to early stage companies that um Pride a crowdfunding are almost impossible for everyday investors to to get access to so we understand uh all of those uh basic benefits and none of that opportunity uh has changed but as we sit here today Equity crowdfunding represents less than 1% of that Innovation economy or the funding that goes into Innovation based and high growth companies and it's dominated of course by by Venture Capital as it as it has been in the past now now whilst Equity crowdfunding is growing um it really comes from a very uh a very modest position in terms of its current contribution so we had a look at this and we we started to really ask ourselves why is this why hasn't Equity crowdfunding evolved to become five or 10 or 15 or more percent of the capital that Finds Its way into these these growth companies and the more we un unpacked this the more it became clear to us that this was really a function of a couple of things and and first and foremost among those is is scale the absence of genuine scale so different platforms will tell you they've got 10 or 20 or 50 or 100 or 200,000 investors in their crowd but of course each business that presents itself as an investment opportunity is really going to resonate strongly with a very small subset of that crowd either based on their understanding of that business or based on some personal experience that would give them an understanding or an insight into that particular sector or business model or or whatever it might be so so this idea of sort of individual platforms all of them operating in silos all of them fighting hard to appeal to an issuer to say we are the place you need to come to get access to the growth Capital you need and at the same time fighting hard to build their cow s all of those platforms operating independently of each other we looked at this and we said this is this is an industry that is screaming out for some kind of network-based solution uh an industry where the idea of an a platform working for an issuer to access Capital but being able to do that not just within their own crowd but across multiple other crowds on multiple other platforms forms that all exist within a single decentralized network uh we felt that this was a really compelling idea um and at the same time we realize that blockchain has potentially a very important role to play particularly as that Network starts to grow and the deal flow starts to to grow with it blockchain has a really interesting and valuable role to play uh in a couple of different ways one is as a a a a funds um uh moving of funds around around the globe so if you imagine you're in 50 markets with 30 currencies you've got 30 times 30 in terms of all the currency pairs in being able to move investment from one market into the market and therefore the currency of the issuer so how do you do that how do you do that at scale so blockchain really uh blockchain rails uh in being able to move investment funds quickly and cheaply uh provide some really com compelling Solutions but then also over time moving towards tokenization of the equity itself opening up liquidity uh future liquidity events Beyond just future investment transactions whereby secondary markets can offer the everyday investor access to um you know an open market of buying and selling of of that otherwise privately held Equity so so blockchain we think is a really interesting and overtime very important Dimension to this solving this problem and then the third thing that we've identified you're getting a very long-winded answer to your question Connor that's fine keep going the third the third issue we identified is that in in a great number of cases probably if not certainly the majority of crowdfunding really relies heavily if not entirely on the community that the issuer bring brings to the platform as opposed to the community that already exists on the platform so this is just another example of the constraints in equity crowdfunding as it relates to a lack of scale so if we've got 50,000 investors on a platform and we're still relying on the community associated with the issuer to meet their funding Target it just means that 50,000 is not enough it means it needs to be 10 times 100 times we need to think globally and a network based solution is is the very obvious way to solve this problem so we've said about building that that capability it's taken us a number of years quite a bit of investment to really unpack the Nuance of the problem because whilst crowdfunding in principle is the same concept in every Market it is nuanced based on regulations um you know best practice is slightly different in certain areas across markets so factoring all of that into uh a framework that allows an API based framework that allows platforms to work with each other across currencies across languages across different regulatory Frameworks that's really been our our core focus and as we sit here today we've launched that technology we have some Foundation partners that we're working closely with to push through a a first deal and immediately thereafter we'll be we'll be uh casting the net much wider and looking at talking with a whole host of of you know really well established licensed crowdfunding platforms around the world so you mentioned quite a few interesting points that I want to try and tie together and I think the first point is that you said that these platforms they're growing their followings but it's kind of for the individual platforms instead of for the the overall industry and then kind of the third point you touched on was that a lot of times these startups end up bringing the following it's not that there's already a following there on the platform and that made me realize a lot of these Equity crowdfunding platforms they're trying to compete against each other instead of working together to grow the overall industry and by competing against each other it's almost like they're cannibalizing the entire industry because they're trying to get uh investors from this platform to transfer over to use their platform and I think what's amazing with doxy chain is doxy chain is trying to unify all those platforms and grow the overall industry the equity crowdfunding industry and get more investors in there and with more investors that means more money is going to flow in which means more startups are going to want to you know raise Equity crowdfunding rounds because there's uh more there's more flow of deals happening and so I think that's a very interesting point that I really didn't tie together until you just said that how I guess what's the the time frame you have in place right now for doxy chain you know what does yeah look so so let me let me talk about the the time frame that's that's really really important to us just some of the things you touched on there so uh platforms will naturally compete to the extent that they are trying to attract issuers and so any smart issuer will be talking to multiple platforms to understand which is the right platform for them so that will never change and that's a healthy Dynamic um and and that's a good thing um the second thing is that under under our model some really important things don't change so I just want to make the point dexi chain right from the beginning we identified that we are a non-disruptive proposition okay disruption is a punchline that VCS love to use in mature markets markets um that are well down that the path of you know the industry becoming what it is today Equity crowdfunding is not that Equity crowdfunding is still in its very early stages um and it's extremely immature so this is about a non-disruptive proposition that allows platform providers to accelerate the growth in their own business by making that proposition more attractive and having access to more capital and so there's a there's a there's a virtuous cycle here where if you've got a crowd of 100,000 investors and through a network based solution that now becomes 5 million investors the quality of your conversation with an issuer is now very different uh you have access to more Capital you have access to faster Capital um all of these things are really positive as it relates to to what's possible for the issuer and therefore what's possible for the the equity crowdfunding platform so our role is really to be completely aligned with the objectives of the issuer and their platform of choice and simply provide each of those platforms with a network infrastructure that says first of all they always own their own crowd that will never change that cannot change um that's really important those platforms will always compete to win the hearts and minds of the issuer and that's healthy and normal and we don't disrupt that in any way but really what we're saying is if you are part of this network you have access to a much larger pool of investors that's attractive to an issuer it's good for your business as a platform provider and our model is that we only take a share of the success fee where that capital is raised through the network so if one of our partners shares a deal with the network and to make it simple let's say 50% of that that investment is secured through their own crowd and the other 50% is secured through the crowds available through the network then our share on the success fee is only on the 50% that is entirely incremental and they would never have otherwise had access to anyway so this is an important part of the way that that the model works but in terms of time frame we've set ourselves some really clear objectives over the next 12 months that really revolve primarily around closing the first deal U being able to therefore clearly validate the technology the business model all the key components within the technology itself and then growing the network over the next 12 months and Beyond so we've got some clear objectives around how we want to grow that Network we've got a long list of things that we want to build into the technology we every you know literally every week when we sit down and and and go through our our product reviews we see new areas where we can bring additional value to the table for both the the issuer and their chosen platform and ultimately also the the crowd the investors themselves so over that over that critical 12 month period of growing the network we've got some exciting uh new features that we want to bring into the tech as well so I want to kind of go to the Bare Bones and talk about the three different types of people that this really affects which is the investor the existing platform the existing crowdfunding platform and then the issuer of the Securities the company right so you have those three people let's start with the investor what is the platform like what is the process of using docy chain and how would you how would I become an investor on the docy Chain Network yep great question so the first thing is that for all intents and purposes we are probably 100% invisible to the investor so as a decentralized network this is not this is not hotels.com we're not creating a destination that competes with our constituent Partners the whole API framework is saying we take deals that Partners want to share across the network and we make those available to be to be displayed inside the catalog of each of the constituent Partners so what's important to realize here is we're not asking investors to come to a different place to access more deals they go to the same platform that they would have otherwise gone to already and they will just see a broader catalog of investment opportunities okay that's fascinating so for the investor and this is why we say we're a non-disruptive proposition if if we follow the hotels.com model what happens 15 minutes down the track is we are competing with our partners right which is exactly what you see in those aggregation models today they compete that is not that is not a long-term viable sustainable model as a decentralized network we ingest all of the deals into our infrastructure that Partners wish to share with the network and then we make those deals available through our apis to be displayed into the existing platforms of those Partners so the investor is going to the same platform they're following exactly the same process they literally see no difference it's just a much richer catalog and therefore a much more attractive catalog of investment opportunities okay that answered my question extremely well um so that also kind of answers my question I guess for the uh for the platform itself the platform from what I can assume would sign up to be a part of the docy chain framework you already talked about the fact that they would get a a fee they would pay you a fee for the amount that um your network is you know responsible for raising that makes sense to me uh and then the company they really wouldn't see anything different because they are do they have any say in being a part of the network or is that really just up to the crowdfunding platform they choose to use initially well that really is a discussion between the crowdfund platform and the issuer um I I can't really imagine a situation where an issuer says well look you can expose me to many many more investors um and have access to a lot more capital and it's not going to cost me any more than the fee I've already agreed to but gosh look I'm just not really interested um you know I I can't imagine that happening very when when yeah it's a win-win that there's there's no way someone would turn that down that makes total sense and I now I understand the whole non-disruptive solution you're not really changing anything that these platforms are doing other than making their product better really is what it's coming down to their product is becoming richer with with more deals exactly so the idea is a richer catalog in theory should make it easier to attract a bigger crowd or investors a bigger crowd crowd through a a a decentralized network should also make it more attractive for issuers so this gets back to sort of something I mentioned earlier we think our role is to make Equity crowdfunding as an industry spectacularly successful um because that's how we benefit we don't charge signup fees or monthly fees it's purely success based and the other point is that um for all of the capital that comes through the rest of the network as opposed to a platform's own crowd they would still take 50% of the fee associated with that Capital because they've earned the right in our view to participate because they own they own the deal they have the contractual position with the issuer the remaining 50% is split between the platform that is actually capturing the investment and a and a very small percentage for daxi chain so what it means is we're not just saying incremental Capital it's a free hit to the extent that you the issue is not paying anymore and they're only paying it on Capital they otherwise would never have had had access to what we're also saying is that if if this richer catalog that you provide on your platform by virtue of your participation in the network if one of your crowd invests in one of those deals you will also make revenue on that that you never otherwise would have made okay gotcha so it's a new Revenue stream as well as access to incremental capital and therefore incremental fees for every platform that participates and just one other point that I want to make the way this works we looked at this very carefully and we saw situations where a deal that might be shared across the network by one of the partners might be considered to be you know competitive or or for some reason just you know not appropriate for for a certain platform every deal that is shared each partner has the opportunity to review that deal and accept it or reject it okay okay so it's not like once you once you once you connect you just get what you get you're still absolutely in control of the user experience for your crowd and that's that's a really important element in all of this um so they have the ability to accept or reject deals and that's the same for every partner that participates got it got it um my next question centers around uh regulation as it relates to crowdfunding um when I initially you know stumbled upon doxy chain I thought this is an incredible way to um navigate regulatory Frameworks across borders um now understanding it a little bit better uh I understand that it's way more than that but how will doxy chain be able to navigate these regulatory Frameworks yeah it's a it's a good question so the first thing that we started to understand is that we don't need to be a crowdfunding platform we are an infrastructure provider M okay so we're not we don't ever see or touch the investor we don't touch any of the investment funds ourselves it's all managed by the partners between the partners uh and so on that basis we don't need to become a licensed Equity crowdfunding platform we've just got to make sure that we're providing the tools to our partners to to ensure that they can use our technology and remain compliant themselves okay so that's the that's the first thing that we we we quickly established 80% of regulatory Frameworks in what I would sort of describe as sort of tier one markets around the world are essentially all about the same things they're about things like how are you validating and verifying the people that are actually participating the investors themselves so this is everything from you know kyc through to verification processes and identification all of the the platforms have their local market regulations and whether they use daxi chain or whether they don't they can't contract out of those obligations so that just simply doesn't change we don't even touch that part of it um then you get to some things like um the the different classifications of equity crowdfunding are slightly different in different markets so if I go to the US there's a couple of different flavors of equity crowdfunding if I go into other markets um UK Australia Europe it's broadly sort of you know it's ice cream that comes in one flavor um there are different caps and limits okay in different markets but the idea of a cap or a limit is is a universal construct so as we look at this there are certain things that are clearly very similar or be it with slightly different benchmarks as it relates to regulations across many markets and there are other things that are quite nuanced so really what we focused on initially is being a platform that allows all of the participating Partners to communicate with each other about what they have or haven't done as it relates to their local regulations so a classic example might be the due diligence process right so each platform has to go through a DDD a DD process with the isser now the things that they have to check off are slightly different in different markets so what we're saying is as part of the deal submission process we capture all of the DD items that have been undertaken we make that clearly available to all of the other partners in the network and then if they have additional DD items that they either want or or need to have done they can request those from the platform that owns that deal okay or just more information on the DD that has been done so so there are simple things that we can do and over time we'll build on that framework to start to automate a great deal of that but to begin with it's just this idea of saying well first of all there are certain regulations that that no no platform partner can ever contract out of we understand what they are things like basic limits on what can be raised we need to impose those limits I'll give you a great example so let's imagine there's a $5 million limit in a certain Market they go out and raise 4 million from their crowd and then another 4 million comes in from all of the other partners on the network okay so at that point you're over the cap so all of that needs to be very clearly understood by all of the partners so that they can calibrate and manage the process as they need to including for example saying okay we've reached our cap and so we can't we can't take any more money um and being able to do that across currencies in real time so the technology is really about managing those types of nuances as well now can you tell us a bit more about the importance of the doxy coin and why that is important going forward with doxy chain yeah certainly so so when we looked at this we started to when when we look at this business at scale and the number of currency Pairs and and the just the sheer volume as we move towards operating at scale of investment funds that need to be moved around the world the idea of doing this through banking rails was just we actually decided the business cannot work if we rely on banking lils it's slow and it's super expensive um whereas blockchain in terms of being able to um move value uh around geographical borders is really purpose-built to solve that problem so uh as we started to dig into this we realized that what we really need is a purpose-built cryptocurrency and blockchain to manage this process seamlessly and instantly uh so we went away and we designed that that that cryptocurrency and that blockchain um the blockchain is still in development um and we hope to be able to launch that very soon but we're still in a position where on even this very first deal we will be using daxi coin to move investment from one market to another so it is it is a transaction currency if you like a a transaction cryptocurrency and you know it's not dissimilar in some ways to other cryptocurrencies designed to do similar things ours is very specific to the detail and Nuance of Equity crowdfunding but the basic principle is that it allows us to move Capital that's invested on one platform in one currency almost instantly and almost for free to another platform in another currency because the issuer needs the capital in their currency that makes so much sense because if you're an issuer there's three different currencies that's going to be tough but that's probably doable but now when there's 50 or 60 different currencies going across it's it's an absolute nightmare so that makes so much sense and the functionality too you can actually see the purpose and why it's important going forward as Equity crowdfunding continues to grow and get bigger and bigger and more and more countries start using Equity crowdfunding now how do we buy hold sell the doxy coins so dexi coin we listed it a little while ago um you know we we wanted to release the coin prior to the launch of the of the technology and signing Foundation Partners so we we've done that it's listed on um a number of exchanges so it's it's it's readily available and tradable um and of course until we we grow the business the dexi coin will always sort of be susceptible to Market speculation that's that's normal we understand and accept that um but you know we've also put a cap on the amount of daxi coin that will ever exist based on the amount of investment Capital we think we're going to need to move in a 12-month period as the business grows and we expect that over time that will be in the billions uh so but there are but there are technical elements to the way that daxi coin has been designed and built and and the blockchain um at the moment it's an erc20 token but it will become a um a daxi chin a daxi chain blockchain specific cryptocurrency as well um and that'll happen in in sometime in 2024 we think so yeah there's lots there's a lot of moving parts and what we've really tried to to do and be conscious of and i' I've sort of built businesses over over a number of years is to strip it back to its core proposition and and build on that proposition both in terms of capability and and Associated value a as we go rather than trying to sort of you know build the perfect spaceship from day one one this needs to be something that does what it's designed to do very clearly and very reliably and then we build on that as we go so before I transition into the next thing I wanted to talk about I thought of an analogy of what docy chain is and I want you to tell me if I'm right or wrong because I like to think in analogy sometimes it makes things clearer to me for some reason um what doxy chain is is almost like a stock exchange where these crowdfunding platforms are the brokers and the companies are being offered on the Brokers and then docu chain is offering that sort of exchange to be exchanged between Brokers is that kind of a some somewhat of a correct analogy or am I a little off well well the the difference there is that a stock exchange is a centralized model there is a stock exchange that controls processes uh inputs and outputs and and and they are the they are the point at where where that's done the difference here is as a a decentralized network we're purely the pipes we are just the infrastructure that allows different platforms to communicate with each other sharing deals pushing investment that's extracted from from from different crowds um some controls around what they do or don't do in that process um some transparency on on regulatory elements but in the end we don't control that Network we just provide the bones the network is actually the participants on the network so and we will never become a separate destination that competes with those Partners our job is to get more more investors registering on the platform of our partners that that that's our job and through the scaling of of the crowd have more Capital flow to Great companies gotcha that thank you for clarifying that that makes sense um so I wanted to transition into a little bit about your career uh and your background um what would you say are maybe the top moments in your mind that prepared you to start uh doxy chain or lead Dy chain look I've I've worked for a number of years in um in digital media um building you know global global platforms um that you know had a couple of sort of characteristics one was sort of as a global Marketplace and I've done that in a couple of businesses over over a number of years um and the other is around sort of managing transaction and transaction workflow so I feel like and and sort of Big Data as well so I feel like there are elements of all those experiences that have really helped in what we're doing here but I think this overall understanding of networks um how to um how to create a network effect um things of this nature I think are really um really important and have been really really valuable for me um in the process of building the business what do you love about being a CEO not everything I can tell you that um look it's like anything else you have good days and bad days um what what you realize uh and it took me a while I'm a slow learner so it took me a while to work this out um is that you don't actually have to have the answers to all the questions but you absolutely we have to understand what the right questions are um and so that's that's one of the things and the other thing is realizing that as a CEO the most valuable thing that you can be really good at well it's really two things one is galvanizing a team helping them see the world through the prism of a singular Vision that the business is working towards um and the second is just solving problems you know everything is about being able to solve problems they might be people people problems they might be business problems they might be business model problems they might be Tech problems they might be client problems but really A CEO's primary role in a in a business like ours where you're you're building the business it's very different in a large mature company is is to be able to solve problem so as long as I can sort of get that right four out of five days I I feel like you know um we're moving forward so you mentioned galvanizing the team with a singular Vision so what is doxy Chang Vision what is the vision for doxy chain well well our mission is to build the world's first Equity uh crowdfunding Global Equity crowdfunding Network so that's our mission but our our overarching vision is to give Equity crowdfunding a significant market share of of the Innovation economy in terms of the funding of that so venture capital in 2022 invested you know nearly 300 bill billion in growth growth companies uh Equity crowdfunding was less than 2 billion so it it seat at the table right now is is nowhere near we see these constraints and we think that technology can remove those constraints so Brendan and I actually were just talking about an article that said for crowdfunding they did a study and there was they there was a hundred there was $1 million raise and from that $1 million Raise It produced $21 million in economic output and so that led us to understand the importance of crowdfunding you know if you are able to take $1 and turn it into $21 within the economy just from it being invested into these startups that grow and get bigger and then help solve bigger problems this is a huge solution for startups that need Capital but it's also a very big solution for continuing to grow the economy and continuing to make the economy Thrive well there's no question I mean we talk about the circular economy right so um the raising of capital for early stage or growth businesses has has all sorts of flow on effects and benefits I think we understand that right through to governments I mean governments are Keen to fund Innovation because they benefit in all sorts of ways so this is you know in large part good for everybody um and I think one of the things that really drives our vision is is this democratization of investing this idea that you know we can put opportunity back in the hands of the everyday investor it absolutely must be subject to All the Right protections um and disclosures that's that's really really important particularly at that less sophisticated end of the market but the idea that you know the big companies of Tomorrow are accessible to Everyday investors today I I actually think that's really important it's not just about growing the pie and having Equity crowdfunding contribute to that growth in a really significant way it's about who participates um so we think that's we think that's enormously important as well so you talked about when I asked you about what you love being about a CEO you don't need to know all the right answers but you do need to know the right questions I'm G bet but that a little bit but uh I guess my question is what are the questions that Dr chain needs to answer in the next year or two well the first thing that's that's just fundamentally important for us is we have to be able to to show a certain amount of growth in the network you know Network effect business works because you've got uh you know in the early stages of building a network it's a push you've got to go out and you say this is what we're doing this is why we think it's good for you we'd like you to participate but you get to to a certain point in in in the growth of that Network where it becomes a pool okay where in our case Equity crowdfunding platforms would look at this and say look can we afford not to participate can we put ourselves at a strategic disadvantage by saying no we've just got our own crowd and it's almost always going to be purely local rather than Global and it's just who it is you know um look I'm sure there'll be some platforms that will will take that path we don't we don't expect and we don't need to sign all platforms this business is spectacularly successful without signing all platforms but we will get to a certain point in our growth where the push becomes a pull we think that will happen potentially quite quickly so to answer your question next year next calendar year is important for us in terms of demonstrating the growth of that Network and look just quietly we we're very confident about that you know I've had early stage discuss discussions and we've been approached by different companies around the world and we think what we've landed on here really Stacks up um we think the model the commercial model we've wrapped around it um is is the right model and we've had that validated by you know countless countless um platforms that we we're we're working with or or we're talking to so our our confidence about being able to build the network is is high uh we we think it's a compelling proposition but we 2024 we simply have to deliver on that Network growth and we expect to so that's that's really the number one Focus for us in the short term over that period in parallel there's a lot of value ad that we can bring into the technology as well so for example creating a universal preference regime where platforms might take uh a series of preference or a classifications of different investment preferences profile their crowds and then we can immediately identify deals from around the world across the network that match certain preferences for certain uh certain investors so this gets back to the idea that you know we must create the network we must create the scale but we also want to provide tools that allow each of those participating platforms to be very um uh surgical about how they promote and profile certain deals to certain investors because the reality is that the significant majority of the crowd do not invest in every deal it's it's only it's only a a small number small percentage so growing the size of that pool is is one way to think about that improving the quality of the conversation between the platform and the investors that are using that platform is another way to think about that so we're we're focused on on both of those both of those parts we're getting towards the end of our uh time so I wanted to leave you with uh one last question and uh my question is what is the scale of your ambition and what is the scale of this company's ambition well uh I I'll quite simply we think we can change the world as it relates to uh the amount of capital that's available to growth companies um and how quickly they can access that Capital we think we can change that fundamentally and if you think about Equity crowdfunding at scale with 2030 40 50% market share we're not stealing that off EC's that's all new capital okay um we also see a really interesting intersection emerging between sources of capital such as VC and Equity crowdfunding we think uh and we're already starting to see Venture Capital looking to Equity crowdfunding as really a deal Source provider uh where they can validate early stage companies and start to get things on their radar that otherwise may not have been but to to answer your question very simply we think we can change the world as it relates to access to growth capital for early stage companies I love to hear that Ian thank you so much for taking the time to talk to us I definitely walked in and nervous and feel like I at least have a Gras and understand what you guys are doing at a deeper level and I'm super excited to see where you guys take it and definitely rooting for you and your guys vision and purpose yeah thanks we really appreciate it it's great to great to have the chance to to talk with you guys so thank you thank you Ian for coming on and uh no it's been it's I mean I was excited to when Vicki sort of said that um you guys had mentioned us and I went and look I thought oh this is this is great to sort of sit down and just just a fire side chat on something like this so it's it's really great for us and and you know hopefully it's interesting for some of your viewers and you know as we sort of go if you guys want to do check-ins at different times we'd be really happy to sort of you know fill we would love to tracking yeah yeah we'll take you up on that for sure and uh you know I think with anything Equity crowdfunding is in Industry that is only going to succeed if you continue to bring normal people and regular people into it I think it's important when there's something as uh that can transform the industry as much as this to make you know to bring it down to the basics and help those type of people understand what what you guys are doing to help change the industry so we were excited uh to have me on terrific well thanks thanks that's great yeah thank you Ian so with that being said for all listeners out there thank you for listening and we will see you next time on next week thing HQ so long bye-bye
2023-10-31 04:38
