On episode 51, I talk with Henry Yoshida of Rocket Dollar. Rocket Dollar makes it easy to unlock retirement savings and helps everyone access savings to follow their dreams.
Through Rocket Dollar, savings can be used to fund a start-up, as a small business loan, peer-to-peer lending, buy real estate, and invest in cryptocurrency.
Alternative assets have skyrocketed in the last few years, with the previous 18 months seeing more significant interest than ever before.
Henry and I discuss some of the driving factors behind the alt boom, the definition of alternative investments, the language used to describe the accounts, why a simple fee structure works for the customers, raising capital, and a whole lot more.
So without further ado, I present Henry Yoshida of Rocket Dollar. I hope you all enjoy the show and be prepared to learn:
Henry’s journey to Rocket Dollar
Why Henry likes having Dollar in company names
Lessons from his days at Merrill Lynch
The definition of alternative assets
How Rocket Dollar works with different partners
The simplicity of subscriptions
The education gap that exists with retirement accounts
Why calling them retirement accounts is wrong
The key drivers behind alt boom
The risky nature, or not, of alts
The growth of crypto and why it surpassed the alt definition
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.