High Net Worth Individuals
topic on 6 shows · 7 statements across 7 episodes
BigDeal
the Neon Show
Top Founders
the a16z Podcast
All-In
20VC
7 statements about High Net Worth Individuals, every show
Pulling Back Is the Best Sales Tactic for Ultra-Wealthy Clients
“Wealthy people, their number one asset is their time. So they're going to be moving way faster than you are most of the times. The number one thing to do is just to pull.”
Tenev: Financial products open to high-net-worth individuals should be retail-accessible
“Generally speaking, I think if it's available to wealthy people, high net worth individuals, it should be made available to retail as well.”
Bloom: HBS study finds wealthy individuals say they need 2-5x more money to be happy
“Michael Norton, this Harvard Business School professor, went and interviewed high net worth individuals, people worth anywhere from a million on through a hundred million plus. And he asked them, how happy are you on a scale of one to 10? So they answered, and…”
Kumar: 10% to 12% of India's High-Net-Worth Individuals Left
“Between 2014 and 2019 23,000 left the country. In 2019 another seven and a half thousand left. We don't have the data in between, but in 2022 it was reported another 7000 left the country. So out of the two lakh 50,000 high net worth individuals, 10 12% are le…”
Pathak: Unified high-net-worth banking and wealth platforms will emerge within a year
“All the way to high net worth individuals and how can you build out better portfolio management for them that doesn't just only account for public stocks that they have to buy, but goes across board from checking all the way to portfolio management. That last …”
Beattie: Volio raised equity entirely from angels, bypassing VCs
“All equity all from high net worth individuals, no VC investors.”
Kaji: 48% of micro VC funds are $25 million or less
“Most of the micro VC firms, and about 48% are 25 and under in, in size. Those are, those typically have no endowments, very, have no pension funds, very rarely have any sort of institutional backing, but are primarily family office High net worth backed.”