Preston Troutt (@prestontroutt) 's Twitter Profile
Preston Troutt

@prestontroutt

Follow to learn about investing in individuals.
Founder/CEO @crowdsurfxyz.

ID: 1745184920597569536

linkhttps://crowdsurf.xyz calendar_today10-01-2024 20:44:51

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Preston Troutt (@prestontroutt) 's Twitter Profile Photo

At Commonwealth, we sold fractional ownership shares in racehorses. Our first horse delivered +12x returns and another won the Kentucky Derby. Now, we're applying the same model to people. Betting on an individual. That individual assigns everything they will do to an entity

Preston Troutt (@prestontroutt) 's Twitter Profile Photo

What’s the minimum $ amount you would take right now for 5% of everything you make or build over the next 15 years? It’s a wild thought experiment. We are talking to 100’s of individuals with large social media followings right now around this structure. The majority of them

Preston Troutt (@prestontroutt) 's Twitter Profile Photo

Something wild happens when you get 400 fractional owners in a racehorse. Obviously everybody has a vested interest in that horse’s performance. What’s less obvious is the COMMUNITY that the interest creates. Back when I was with Commonwealth we would easily have 50 to 100

Something wild happens when you get 400 fractional owners in a racehorse.

Obviously everybody has a vested interest in that horse’s performance.

What’s less obvious is the COMMUNITY that the interest creates.

Back when I was with Commonwealth we would easily have 50 to 100
Preston Troutt (@prestontroutt) 's Twitter Profile Photo

The traditional model of horse ownership was expensive and exclusive. You owned the whole horse or you owned nothing. I was involved with a business called Commonwealth that changed that. Anyone can invest in fractional racehorse ownership. We had a horse win the Kentucky

The traditional model of horse ownership was expensive and exclusive.

You owned the whole horse or you owned nothing.

I was involved with a business called Commonwealth that changed that.

Anyone can invest in fractional racehorse ownership.

We had a horse win the Kentucky
Preston Troutt (@prestontroutt) 's Twitter Profile Photo

.Ryan Hoover (Founder of @producthunt) on what he’s investing in. Check out number 3. People. He broke it down in more detail: “At Weekend Fund we invest in companies but much of our decision criteria is based on the founder(s). Venture investing, with all of its flaws, is a

.<a href="/rrhoover/">Ryan Hoover</a> (Founder of @producthunt) on what he’s investing in.

Check out number 3.

People.

He broke it down in more detail:

“At <a href="/weekendfund/">Weekend Fund</a> we invest in companies but much of our decision criteria is based on the founder(s).

Venture investing, with all of its flaws, is a
Preston Troutt (@prestontroutt) 's Twitter Profile Photo

These are the Liberman brothers They raised money at a $400 million valuation in exchange for a share of EVERYTHING they build for the next 30 years. Here’s how it’s going 4 years in: David and Daniil (and their two sisters, Anna and Masha) joined forces to start Libermans Co.

Startup Archive (@startuparchive_) 's Twitter Profile Photo

Sam Altman: “This is probably the best time (maybe ever) to be starting your career” When asked how startup founders should handle a failed venture or pivot, Sam responds: “First of all, I think this is probably the best time — maybe ever — to be starting out your career

Preston Troutt (@prestontroutt) 's Twitter Profile Photo

Imagine investing in Mark Zuckerberg in ‘03. Before Facebook. And way before his $177B net worth. You would have seen a Harvard sophomore who built Facemash in a night While others were saying, “Why invest in some college kid's dating site?" You would have been saying, “I

Imagine investing in Mark Zuckerberg in ‘03.

Before Facebook.

And way before his $177B net worth.

You would have seen a Harvard sophomore who built Facemash in a night

While others were saying, “Why invest in some college kid's dating site?"

You would have been saying, “I
Preston Troutt (@prestontroutt) 's Twitter Profile Photo

Just spoke with a venture fund looking to write $1–10M checks into individual creators. Not companies. Not projects. People. The shift is starting to happen — individuals are becoming investable entities. What a time.

Preston Troutt (@prestontroutt) 's Twitter Profile Photo

We’re in late-stage talks with an engineer-turned-creator whose now scaling a company alongside his personal brand. We manage his brand deals—he has 6.5M on TikTok and nearly 500k on Instagram. His personal brand pulls in ~$300K/year. He also runs a SaaS product doing $90K

Blake Robbins (@blakeir) 's Twitter Profile Photo

Counter-Strike 2 weapon skins now have a $5 billion market cap* on Steam. That’s not a typo. (Yes, just the weapon skins.) *aggregate value of all CS2 weapon skins listed for sale

Counter-Strike 2 weapon skins now have a $5 billion market cap* on Steam.

That’s not a typo.

(Yes, just the weapon skins.)

*aggregate value of all CS2 weapon skins listed for sale
Preston Troutt (@prestontroutt) 's Twitter Profile Photo

The most common question I get about crowdsurf... “How does it work?” In short, we are building the infrastructure for individuals to raise capital like companies. What does that look like? An individual assigns everything they do for a certain time period to an entity.

Preston Troutt (@prestontroutt) 's Twitter Profile Photo

Two years ago, the company I worked for had a horse win the derby. ~400 investors had a stake—and saw meaningful returns. It wasn’t just about the money. It was about access. About giving everyday people a shot at something they’d never thought possible. We had 100 people in

Two years ago, the company I worked for had a horse win the derby.

~400 investors had a stake—and saw meaningful returns.

It wasn’t just about the money.

It was about access.

About giving everyday people a shot at something they’d never thought possible.

We had 100 people in
Preston Troutt (@prestontroutt) 's Twitter Profile Photo

Two undergrads built an open-source speech model that outperforms industry leaders. This will continue to happen. Small teams will need less funding to get something going. The barrier to entry has never been lower.

Two undergrads built an open-source speech model that outperforms industry leaders.

This will continue to happen.

Small teams will need less funding to get something going.

The barrier to entry has never been lower.
Preston Troutt (@prestontroutt) 's Twitter Profile Photo

Traditional valuation methods break down when you're investing in people. Here’s why: In venture, you’re usually underwriting revenue and growth projections. But with individuals, you’re underwriting *a stack*: – A media machine – A product studio – A distribution channel – A

Thoughtleadr Branding Mastery (@tl_branding) 's Twitter Profile Photo

ClaudeAI’s CEO just made the boldest prediction in history: "A single person will soon run a billion-dollar company.” No team. No office. Just one person and an AI empire. Here’s exactly how he plans to make it happen: 🧵

ClaudeAI’s CEO just made the boldest prediction in history:

"A single person will soon run a billion-dollar company.”

No team. No office.

Just one person and an AI empire.

Here’s exactly how he plans to make it happen: 🧵
Preston Troutt (@prestontroutt) 's Twitter Profile Photo

**Sam Altman and Dario Amodei both predict the first billion-dollar company with a single employee could exist by 2026.** Altman is CEO of OpenAI—currently valued at $300B. Amodei is CEO of Anthropic—valued at $61B. They’re not exactly making wild guesses. Most new YC

**Sam Altman and Dario Amodei both predict the first billion-dollar company with a single employee could exist by 2026.**

Altman is CEO of OpenAI—currently valued at $300B.
Amodei is CEO of Anthropic—valued at $61B.

They’re not exactly making wild guesses.

Most new YC