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And, and I kind of raised my hand and said, dad, uncle John, don’t you think it might be a better idea to look at it by the numbers? Valuations tended to crash and burn very, very cheap valuations tended to do well. The numbers are pretty bad. And they dismissed me. This is 1976. So I decided what’s a quant?
Quinn from Audiograph emailed us in September 2021 trying to show us a demo of what he and his partners were building. We had seen a number of transcription companies over the years, but what made theirs special was the mission behind it. In September, it raised money at a $15 billion valuation, or half the size of Twitter.
Have you seen the most recent numbers on adviser growth by asset category? CA: I don’t think I’ve seen those numbers. The numbers, the flow… As you went up in size, the 10 million and under were going backwards quickly. What kind of valuations are you seeing? Let me take a step back. CA: Right.
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