Web Street

7 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 2, 2024 by Kyle Kodawiski · said 18 times in 1 episodes since 2024 · across every show →

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brought up most by Sean Weisbrot (9), Kyle Kodawiski (9)

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2024 18 mentions in 1 episode

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Everything said about Web Street, oldest first

Apr 2, 2024
Disclosure
Web Street Returns Capital with Interest if Deals Miss 90-Day Window
“What we do if we raise money and the operators aren't able to find a business that they want to purchase within 90 days, so they have a 90 day acquisition period, then the funds are simply just returned to investors. And we, we've done that. We would much rath…”
Kyle Kodawiski Apr 2, 2024 ▶ 19:01 They Put In $0 Salary and Still Own a Third of Every Fund
Apr 2, 2024
Disclosure
Web Street Withholds Quarterly Distributions to Buffer Working Capital Reserves
“So a lot of times we will hold back distributions for a quarter or two to help with fluctuations in inventory. So some of these that are FBA, Amazon businesses you know, these are very experienced operators. They can definitely be trusted to run the business a…”
Kyle Kodawiski Apr 2, 2024 ▶ 10:17 They Put In $0 Salary and Still Own a Third of Every Fund
Apr 2, 2024
Disclosure
Web Street Lists First Portfolio Assets for Sale, Awaiting First Exits
“So we actually, we started just about three years ago and we have our first assets for sale now. None of them have actually exited, but we have them Some that are actively for sale as recently as this month.”
Kyle Kodawiski Apr 2, 2024 ▶ 29:16 They Put In $0 Salary and Still Own a Third of Every Fund
Apr 2, 2024
Disclosure
Web Street Distributes Two-Thirds of Profits to Passive Investors
“It's a two third, one third split. So because you're not actively running these businesses, right? You don't own, you have no say in what's done in the businesses. You, the investors receive two thirds of the profit every quarter. And when these businesses are…”
Kyle Kodawiski Apr 2, 2024 ▶ 5:33 They Put In $0 Salary and Still Own a Third of Every Fund
Apr 2, 2024
Disclosure
Web Street SPVs Raise $1M-$2.5M From 50 to 70 Investors
“Sometimes it's two, two to five businesses of different sizes. So you're actually investing. You're a partner in the LLC and. As those businesses cash flow, we distribute the profits back to investors. So each quarter, whatever profits are made, investors rece…”
Kyle Kodawiski Apr 2, 2024 ▶ 4:19 They Put In $0 Salary and Still Own a Third of Every Fund
Apr 2, 2024
Disclosure
Web Street Has Raised $40M to Acquire 40 Digital Assets
“We have 17 active portfolios or funds. That's about 40 assets. So like I said, some of them are one, some of them are two. None of them are really more than three. That's about, let's see, we've raised, I think just over forty million dollars in the last three…”
Kyle Kodawiski Apr 2, 2024 ▶ 28:38 They Put In $0 Salary and Still Own a Third of Every Fund
Apr 2, 2024
Disclosure
Web Street Takes 10% Carry; Zero-Salary Operators Receive 23%
“Investors receive two-thirds, one-third goes to the is split between Web Street, we actually get 10% of the profit, and the operator, so the operator running the businesses they get the other 23%, and the reason they get that portion is they have no salary, th…”
Kyle Kodawiski Apr 2, 2024 ▶ 6:39 They Put In $0 Salary and Still Own a Third of Every Fund
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