
In this episode of the AI Interconnect podcast, host Laurent Cochet interviews Alan Snyder, founder and CEO of aShareX, a platform that enables fractional ownership of alternative assets such as real estate, classic cars, and fine art. Snyder shares his journey from Wall Street to creating a unique auction system that empowers investors with control and liquidity. The conversation explores the challenges of building the platform, the innovative features that set it apart, and the potential use cases for fractionalization in various asset classes. Snyder emphasizes the importance of partnerships and the role of AI in enhancing valuation and marketing strategies.
Takeaways
Alan Snyder transitioned from finance to create aShareX,
The platform allows fractional ownership of alternative assets.
A unique auction system was built for price discovery.
Investors have regulatory oversight and control over assets.
The auction system can handle multiple asset types.
Test drive auctions help users practice bidding strategies.
There are numerous use cases for fractionalization.
Future partnerships could enhance aShareX's reach.
AI is utilized for appraisals and marketing strategies.
The goal is to democratize access to high-quality assets.
Titles
Empowering Investors Through Fractional Ownership
The Journey of Alan Snyder: From Wall Street to aShareX
Sound bites
"We built a full on trading system."
"We've cleared the SEC. That's unique."
"We created test drive an auction."
Chapters
00:00 Introduction to AI Interconnect Podcast
01:01 Alan Snyder's Journey from Finance to aShareX
03:18 The Need for Change in Private Market Access
09:21 Building a Unique Auction System for Fractional Ownership
11:19 Innovative Features of aShareX's Trading System
13:54 Test Drive: Practicing Bidding Strategies
15:25 Exploring the Mega Trend of Fractionalization
18:48 Future Prospects and Potential Partnerships
22:25 Challenges in Building aShareX
26:25 Prioritizing Products, Education, and Compliance
28:27 Changing Investor Behavior Towards Control and Liquidity
29:28 Utilizing AI for Valuation and Investor Confidence
32:04 The Future of AI in Matching Investors with Assets
33:40 Overcoming Adoption Challenges
37:26 Empowering Investors with Alternative Assets
Keywords
AI, real estate, alternative assets, fractional ownership, auction system, investment strategies, technology, market liquidity, investor empowerment, aShareX