Kingsley Advani talks crypto and SPVs
The Angel Next Door is back this week with a new episode! Marcia Dawood sits down to interview Kingsley Advani the CEO and founder of Allocations, a private markets platform with a vision to create more economic freedom for the world.
Allocations scaled to $1B in assets in less than 3 years! Kingsley is also an Angel Investor who in 2017 founded and scaled Allocation Angels to over 1,000 investors. He has also personally made over 300 angel investments in companies such as Solana, Coinbase, Robinhood, SpaceX, and more!
Marcia and Kingsley discuss how he turned his $34,000 in savings into $100M in private investments all before turning 30! Kingsley discovered the crypto world back in 2011 while studying finance and economics and in 2013 took his savings and started to make his first small investments into cryptocurrency. Kingsley shares a few tips on how to get started in the crypto world, how he got started in the Angel Investing world and what led him to creating Allocation Angels!
The Allocation Angels are one of the many groups today that are using SPVs (Special Purpose Vehicles) to have access to more deals and to help angels develop a more diversified portfolio. Marcia and Kingsley talk about some behind the scenes work and how Emerging Managers can expand their track record with groups of investors making investments into SPVs. Kingsley also shares how Allocations is helping to streamline these deals as much as possible and in the future will even be releasing INSTANT SPVs.
If you're interested in learning more about crypto, SPVs and Angel Investing all together, this episode is for you!
Tune in to listen to the full episode! Enjoy the show!