VC Pioneers: Collective Co-founders on Liquidity, Innovation and Investment Insights (Podcast)

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Episode Description

In this engaging podcast episode, Taroko Talks journey into the dynamic world of Venture Capital with industry trailblazers Greg Brogger and Jeff Nazzaro.

Greg Brogger, is the current Co-founder & CEO of Collective Liquidity. He co-founded several startups and is a former ex-president of Nasdaq Private Markets. Additionally, Greg serves in the board at Forge. On the other side, Jeff Nazzaro, spent +20 years at Goldman Sachs, where he was Managing Director of Global Sales & Cross-Asset Sales. Additionally, he was CEO of Corporate Division & Head of Global Payments at PagaTodo, a prominent Mexican Fintech Company, before founding Collective Liquidity alongside Greg Brogger.

Hear their compelling stories, from co-founding startups to leading major financial institutions, and discover how these experiences have influenced their forward-thinking approach to investing.

We'll uncover the pivotal moments that shaped their careers and delve into the critical role of secondary markets in today's evolving investment landscape. Learn how their innovative firm, Collective Liquidity, is addressing market gaps with cutting-edge solutions.

From mastering the complexities of valuing private companies to harnessing AI for investment strategies, Greg and Jeff also share their vision for the future of asset management.

Stay tuned for an action-packed rapid-fire round on asset allocation. This episode offers a treasure trove of insights. Join us for a thought-provoking conversation you won't want to miss!

KEY TAKEAWAYS

• Collective Liquidity leverages secondary markets to provide liquidity and unlock value for shareholders.

• Diversification and transparency are key in venture investing, and Collective Liquidity offers instant diversification and transparent pricing.

• Tokenization has the potential to modernize asset management, and Collective Liquidity is open to exploring this avenue in the future.

• AI can be leveraged for efficiency and personalized wealth management solutions in asset and wealth management.

• The number of tech unicorns in the private market is now roughly equal to those in the public market, having slightly fluctuated in 2024. If you seek growth equity returns and only invest in the public market, you're missing half the market, which consists of slower growth companies. In contrast, the private market offers access to high-growth tech companies, where growth rates of 30-40% are more attainable. As a result, the most promising growth companies prefer to remain private rather than going public.

• Lessons for family offices, advisors, and high net worth individuals include understanding what you're investing in, pricing discipline, and the benefits of venture strategy in portfolio diversification.

NOTE: This podcast is for educational and entertainment purposes only. Anything said by the guests or the host should not be construed as legal or investment advice.

Taroko's Linkedin page; write to media@taroko.la.

IMPORTANT DISCLOSURES

This information relating to the Collective Exchange Fund, LP (the “Fund”) has been prepared solely for informational purposes, is not complete, and does not contain certain material information about the Fund, including important disclosures and risk factors associated with an investment in the Fund, and is subject to change without notice. It does not constitute an offer to buy or sell an interest in the Fund, nor shall there be any sale of a security in any jurisdiction where such solicitation or sale would be unlawful.

The Fund’s limited partnership interest will not be registered with the U.S. Securities Exchange Commission or other regulatory authority. Investors will be required to verify their status as an “Accredited Investor” pursuant to Rule 501 of Regulation D to participate in any offering of the Fund’s limited partnership interests. No securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through Collective Liquidity, Inc. or Collective Asset Management, LLC (collectively, “Collective Liquidity”).

Limited partnership interests in the Fund are not insured by the FDIC and are not deposits or other obligations of Collective Liquidity and are not guaranteed by Collective Liquidity. Limited partnership interests in the Fund are subject to investment risks, including possible loss of the principal invested.

Prospective investors should consider the investment objectives, risks, fees and expenses of the Fund carefully before investing in the Fund. This and other important information are contained in the Fund’s Confidential Private Placement Memorandum (“PPM”), which can be obtained by contacting Collective Liquidity.

Investment in the Fund involves substantial risk and any offering may only be made pursuant to the relevant PPM and the relevant subscription application, all of which must be read in their entirety. No offer to purchase securities will be made or accepted prior to receipt by the offeree of these documents and the completion of all appropriate documentation. The Fund intends to primarily invest in securities of private, late-stage, venture-backed growth companies. There are significant potential risks relating to investing in such securities. The Fund is not suitable for investors who cannot bear the risk of loss of all or part of their investment. The Fund is appropriate only for investors who can tolerate a high degree of risk and do not require a liquid investment. The Fund has no history of public trading and investors should not expect to sell limited partnership interests in the Fund. No secondary market exists for the Fund’s limited partnership interests, and none is expected to develop. The Fund has a limited operating history, and its performance is highly dependent upon the expertise and abilities of its manager. There is no assurance that the Fund’s investment objectives will be achieved, and results may vary substantially over time. This is not a complete enumeration of the Fund’s risks. Please read the Fund’s PPM for other risk factors related to the Fund. Although the manager of the Fund will value its portfolio using the Private Market Valuation Algorithm, it can be difficult to obtain financial and other information with respect to private companies, and even where the manager is able to obtain such information, there can be no assurance that it is complete or accurate. Because such valuations are inherently uncertain and may be based on estimates, the manager’s determinations of fair market value may differ materially from the values that would be assessed if a readily available market for these securities existed.

The information contained herein does not constitute a recommendation or advice by Collective Liquidity. You should consult your own tax, legal, accounting, financial or other advisers about the information discussed herein based on your specific risk profile and financial situation, including the suitability of an investment in the Fund, with Collective Liquidity, or any product offered or managed by Collective Liquidity.

Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission.