Episode Details

Today, we have a guest who's democratizing access to private investing. Ken Nguyen is the co-founder and CEO of Republic, a multi-asset investment platform for private markets.

Ken is a pioneer in the private markets investing world and a serial operator who knows how to build businesses. He's helped grow Republic to hundreds of millions of dollars in gross transaction volume over the past three years after Republic spun out of AngelList. 

After Ken was an instrumental part of building the investment and regulatory infrastructure at AngelList, as their General Counsel, Ken founded Republic to create a leading equity crowdfunding platform for both nonaccredited and accredited investors. 

While their incredible progress on the retail crowdfunding side is remarkable, Republic's platform and vision is so much more than simply a retail crowdfunding platform. They also have an accredited investor platform and they enable investors to invest into everything from real estate to e-sports and gaming financing to small businesses. 

Republic has done the hard things first. They built the investment infrastructure for private markets. And they combine that with a Robinhood-like investing experience for private markets, for both retail and high net worth investors alike. They've also been innovative in how they engage consumers by creating a Republic Note, a security token that has created network effects on their platform for users.

It's been really fun to watch this team execute at a blistering pace from the time that they started out with the idea of enabling investors to invest in startups at twenty dollar minimums, to building out a comprehensive private markets investment platform. Ken has been instrumental in that success with his infectious energy tireless work ethic and drive to create democratized access to investing for people around the world.

This was such a fascinating conversation. We talked about Ken’s drive for starting an investment platform that could enable everyone to participate in wealth creation in private markets, how investing and owning equity is part of the American Dream, how Republic has unlocked access to private markets for all investors, “Lean back vs lean forward” framework applied to investing (h/t Rishi Garg of Mayfield Fund for the “lean back vs lean forward” framework), and how community is such a big driver of Republic’s growth and success as a business.

I hope you enjoy.

Transcript

Note: This Transcript was created by an AI software package. It is not an exact translation of every word in the podcast.

Michael: [00:02:30] Ken, welcome to the Alt Goes Mainstream podcast. 

Ken: Michael, thank you so much for having me. It's such a pleasure to be here. 

Michael: Oh, it's great to see you. I love that background of New York. 

Ken: I am in New York. So, art mimics real life or the other way around. 

THE FOUNDERS STORY

Michael: [00:02:46] Well, you've had a busy year, so congrats on everything. But before getting into Republic and all the things that you're doing, I'd love to hear your story. I mean, you've had such an incredible story of how you've gotten to Republic. So what is that story? 

Ken: [00:03:01] Yeah. Thank you, Michael. I definitely have a bit of an unusual founder story.

My family immigrated from Vietnam to the Bay Area in California. And so growing up in the late nineties, early 2000’s, you hear these stories of companies going IPO and tech and Google and Facebook. But just because you were smack in the middle of Silicon Valley, it doesn't mean that I or my family had anything to do with it.

We definitely weren't accredited, but that fascination ear