Fintech Leaders

Sohail Prasad, CEO of Destiny - Democratizing Private Investing in Companies like SpaceX, Stripe, and OpenAI

February 13, 2024 Miguel Armaza Episode 118
Fintech Leaders
Sohail Prasad, CEO of Destiny - Democratizing Private Investing in Companies like SpaceX, Stripe, and OpenAI
Show Notes

Miguel Armaza sits down with Sohail Prasad, CEO and Co-Founder of Destiny and Co-founder of Forge (NYSE: FRGE). Destiny is creating a family of exchange-traded products that will enable anyone with a brokerage account to invest in publicly traded portfolios of private technology companies.

Their first and flagship product, the Destiny Tech100 (NYSE: DXYZ), will be listed on the NYSE in March 2024 – it will consist of a portfolio of some of the top venture-backed private tech companies, including SpaceX, Stripe, OpenAI, Chime, Klarna, Brex, and more.

We discuss:

  • The importance of democratizing private company investing
  • Building the Destiny Tech100 and defining its rules and company inclusion criteria
  • Lessons from building Forge and going public on the NYSE… and a lot more!

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Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.

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