Leif Abraham
Co-Founder and Co-CEO, Public · 1 appearance on the record.
computed by AI from the episodes · how this works → · full disclaimer →
founderexecutiveinvestoroperator@leifthunder ↗LinkedIn ↗tbd.xyz ↗
Leif Abraham is the co-founder and co-CEO of Public.com, an online multi-asset retail brokerage. Prior to Public, he co-founded freelance platform AND CO and co-created Pay with a Tweet.
24statements → 13claims → 3claims resolved → 0%fully supported → 3.75/5average certainty → 2.29/5average debate potential → ≈4.0/5argument clarity, estimated →
0 supported 1 partly supported 2 contradicted 10 not checkable as stated how the 13 claims stand · each chip opens the sources
3 predictions · 10 assertions · 5 opinions · 2 insights · 4 disclosures · every statement was checked. The predictions and assertions are the 13 claims: statements the public record can support or contradict. 3 are resolved, and 10 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.
The record, in short
What the tape says about how Leif argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.
Expressed certainty vs assessment result
weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet
How they sound: not measured why? →
We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Leif Abraham on measured tape to publish a rate. This says nothing about how they speak.
Everything Leif Abraham said on Sourcery that made the record, most notable first. Filter by type, assessment or year in the ledger →
Abraham: AI disparity will force NYC luxury apartments to hire armed guards
“The wealth disparity that's already extreme in the US is going to become even more extreme, and one of the first effects of that is just going to be that we're going to live in a less safe society, where in your New York Fancy apartment where you have your doo…”
Abraham: Bottom 75% can't compound wealth, forcing fintechs to monetize via speculation
“If in the US, sadly, if you're in the sub 75%, you live paycheck to paycheck to credit card, you do not have money to compound the markets. You just don't. And that's also why you see the people who have, who acquire those and build products for those and, you…”
Abraham: Public has virtually zero churn and 25-year expected user lifetimes
“Because we're also building for portfolio builders, so people that actually just compound wealth over time, we essentially have no churn. Like, our lifetimes are like, 25 years plus. They literally, like, that, that line is just straight at some point, and jus…”
Abraham: AI will inevitably replace human financial advisors' advice and emotional support
“And AI, if you look at like agents what we've launched, that does number one now. And so two and three is going to be replaced as well. It's just a matter of time”
Abraham: Securities prediction markets will dramatically surpass US sports betting volumes
“My hunch would be that the volumes around that in the long term will be dramatically higher than what the market of sports betting is in the US.”
Abraham: Public's incoming account transfers primarily come from legacy incumbent brokerages
“Actually if you look at where people ACAT accounts from, You know, where they like consolidate brokerage accounts from for us. It's Schwab, Fidelity, E-Trade, Vanguard, and then Merrill and Robinhood. So, so we are much more competing with the incumbents than …”
Abraham: Social investing features are dead because AI has cannibalized them
“Social is dead because it was basically cannibalized from AI.”
Abraham: Public abandoned its democratization mission to focus on top-quartile investors
“When we launched the company, we were much more on this mindset of like democratization, public for everyone, you know, no, no, no. Then we were, as we then built through it and kind of made our learnings and we're like, you know what, we've got to focus on th…”
Abraham: Public plans to launch prediction markets and event contracts
“No, I think prediction markets or event contracts, but as I said are a very powerful tool. We're going to go into that at some point ourselves”
Abraham: 24/7 stock trading requires market liquidity, not blockchain token wrappers
“That doesn't make any sense because just by wrapping it into a token doesn't mean it's ready for seven. Like, come on. Like also like, don't pretend like you don't know that. Like, you know, it's like, it's just a fucking rapper, you know, let's be straight, y…”
Abraham: Closed-end funds are a flawed instrument for retail private access
“We haven't found the instrument yet to really open up, you know, like private companies to retail investors. And so if close-time fund is the best thing we got going so far, okay, there's some exposure there that people can take advantage of, but I still think…”
Abraham: More private tech companies should rip the bandaid and go public
“I think just like rip the bandaid and more companies should go public. It's good for the markets. It's good for retail investor access. It's likely, you know, likely good for those companies too, to some regard, you know.”
Abraham: Highest-multiple public companies are story stocks with high retail ownership
“If you look at the companies that are trading at the highest revenue multiples, they're all companies that are like story stocks with a high retail ownership.”
Abraham: Charles Schwab hasn't been disrupted because it doubled in five years
“Schwab hasn't actually been disrupted yet, really, because that company actually, you know, still doubled in the last five years.”
Abraham confirms Public has billions in assets and doubling revenue
“I think I asked you, and I was wondering what your numbers were, and you said millions of users, billions of assets, billions of trading volume, and revenue doubling every year.
[916] Molly O'Shea: So is that
[917] Leif Abraham: That is accurate.”
Abraham: Public's top AI-generated asset basket is defense stocks, up 350%
“The, I think the best performing generated asset on the platform right now is defense and Weapons manufacturers. One that is like up 350% in the last month. Or something, you know.”
Abraham: Average financial advisor age is roughly 60 and rising yearly
“The average age of financial advisor goes up by, you know, a year every year. I think the average age is actually roughly 60 or so already, you know”
Abraham: Investors are far from ready to let autonomous AI agents manage their money
“I don't think people are ready to give their money to Open Claw and say, make me money now, please. You know, like, I think we're far away from that, and you know, there's a reason why everyone wants to have a little Mac Mini, because they want to have these t…”
Abraham: Public is refusing to build a general money super app
“And so we're not going to build the money super app, you know, we're rather going to be the investing super app, for lack of better wording because our types of customers, you know, that is where their financial lives really are centered around”
Abraham: Going public was one of Robinhood's best strategic decisions
“Even for Robinhood, I think one of the best things I've ever done is to become public. Because you suddenly can build a retail base of followers that own your stock, that will root for you. And I think that today that is a very powerful thing.”
Abraham: Public's internal AI agent autonomously converts Jira tickets into frontend code
“There's one agent called Cody, which is like, basically like a frontend engineer that we have that can literally turn a Jira ticket into perfect code that just, it's, you know, sets for an engineer to review and merge, and like, it's autonomously just working …”
Abraham: The top 25% will inherit 85% of the great wealth transfer
“85% of that money will be inherited by the top Quarter over the top 25%, and so that's literally where the money is at in our space”
Abraham: Public launched AI agents to automate users' brokerage account workflows
“So we just lost agents for investing. And what that helps you do is to essentially automate any type of workflow in your brokerage account. That could be a trading strategy, that can be money movements, that can be alerts you want to set up to some regard.”
Appearances (1)
| Episode | Date | Speaking time |
|---|---|---|
| The AI Brokerage Quietly Taking on Schwab, Fidelity & Vanguard · Sourcery with Molly O'She | Apr 17, 2026 | 49m |