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Thomas Beattie

Co-Founder and CEO, OctoAI Technologies Corp. · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

founderexecutive@thomasbbeattie ↗LinkedIn ↗elireport.com ↗

Thomas Beattie is the founder and former CEO of Voleo, a fintech platform enabling collaborative social trading and investment clubs. He currently serves as the Co-Founder and CEO of OctoAI Technologies, the company behind the real estate document review tool Eli Report.

9statements → 4claims → 2claims resolved → 3.89/5average certainty → 1.67/5average debate potential →

2 supported 0 partly supported 0 contradicted 2 not checkable as stated how the 4 claims stand · each chip opens the sources

2 predictions · 2 assertions · 1 opinion · 4 disclosures · every statement was checked. The predictions and assertions are the 4 claims: statements the public record can support or contradict. 2 are resolved, and 2 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 Thomas argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Beattie: Traditional advisors erode a third of lifetime wealth in fees
“With a traditional advisor charging you one and a half percent per year in total fees both what they're charging and the embedded ones in the products, that you're going to lose about a third of your wealth over your lifetime. When you look at a robo-advisor, …”
Thomas Beattie Sep 2, 2018 ▶ 4:01 1135 This app lets you use real money to compete with your friends in crypto, stocks

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 Thomas Beattie on measured tape to publish a rate. This says nothing about how they speak.

Everything Thomas Beattie said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Opinion
Beattie: Robo-advisors just package seven ETFs and charge unnecessary fees
“All these robo-advisors are doing is putting seven ETFs into a bucket and selling it to you and charging you a fee every year for rebalancing it. This is not rocket science. Any member of the public can do this if they have an understanding of why there are th…”
Thomas Beattie Sep 2, 2018 ▶ 3:30 1135 This app lets you use real money to compete with your friends in crypto, stocks
Prediction Not checkable as stated
Beattie: Cryptocurrency will permanently reshape the financial system
“I think that crypto was not made for his generation. I think that those of us that are a bit younger understand that these assets are exciting, that they're going to change. The way that the financial system works, and whatever you think about their current va…”
Thomas Beattie Sep 2, 2018 ▶ 15:57 1135 This app lets you use real money to compete with your friends in crypto, stocks
Assertion Supported
Beattie: Traditional advisors erode a third of lifetime wealth in fees
“With a traditional advisor charging you one and a half percent per year in total fees both what they're charging and the embedded ones in the products, that you're going to lose about a third of your wealth over your lifetime. When you look at a robo-advisor, …”
Thomas Beattie Sep 2, 2018 ▶ 4:01 1135 This app lets you use real money to compete with your friends in crypto, stocks
Prediction Held up
Beattie: Volio Will Become a Public Company
“We're going to become a public company.”
Thomas Beattie Sep 2, 2018 ▶ 11:36 1135 This app lets you use real money to compete with your friends in crypto, stocks
Assertion Not checkable as stated
Beattie: Volio Has Over 1,000 Profiles and Hundreds of Active Users
“Yeah, but on our real platform, we've now got over a thousand people that have created profiles. Some of them are active in teams. We've got dozens of active clubs, hundreds of active users”
Thomas Beattie Sep 2, 2018 ▶ 8:52 1135 This app lets you use real money to compete with your friends in crypto, stocks
Disclosure
Beattie: Volio Generated $2,500 in Revenue in 2017
“Our revenue last year was a mere 2500 dollars.”
Thomas Beattie Sep 2, 2018 ▶ 11:39 1135 This app lets you use real money to compete with your friends in crypto, stocks
Disclosure
Beattie: Volio Has Raised $5M in Total Funding
“Five million dollars as of this year.”
Thomas Beattie Sep 2, 2018 ▶ 12:22 1135 This app lets you use real money to compete with your friends in crypto, stocks
Disclosure
Beattie: Volio raised equity entirely from angels, bypassing VCs
“All equity all from high net worth individuals, no VC investors.”
Thomas Beattie Sep 2, 2018 ▶ 12:27 1135 This app lets you use real money to compete with your friends in crypto, stocks
Disclosure
Beattie: Volio to launch crypto platform Cryptolio in late 2018
“This is a new crypto version of our platform that we're going to be launching first north of the border, but then in the United States sometime later this year.”
Thomas Beattie Sep 2, 2018 ▶ 14:30 1135 This app lets you use real money to compete with your friends in crypto, stocks

Appearances (1)

EpisodeDateSpeaking time
1135 This app lets you use real money to compete with your friends in crypto, stocks Sep 2, 2018 8m
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