Quant in Private Markets

[00:01:39] – (First Question) – Formation of Helio

[00:06:57] – How they handle the relationship building needed to make investments in private markets

[00:10:26] – Why consumer and retail are interesting spaces to apply their quantitative approach in private markets

[00:12:54] – Searching for new relevant data

[00:16:14] – How do they stay ahead of the commoditization of uniqueness

[00:18:00] – Dominant predictive factors in this world

[00:21:05] – Which is more important, relative value or rate of change

[00:21:48] – What does the data say about online sales vs offline (being in a store)

[00:23:30] – Variable that consumer investors think matters but doesn’t

[00:24:53] – Valuing companies and accounting for mis-pricings

[00:26:41] – Goes through the process using Liquid Ivy as an example

[00:28:46] – Most interesting sub-categories

[00:29:33] – Future for this model

[00:35:19] – Other categories outside consumer and retail that interest Ryan

[00:36:28] – Biggest challenges for CircleUp as a business

[00:38:46] – Handicapping their earnings expectations

[00:41:36] – Take on the VC/PE landscape

[00:43:03] – The types of models that are most interesting to the team

[00:45:05] – Quantitative elements of brand that are most interesting

[00:47:30] – Most unique brand and distribution strategy he’s come across

[00:53:27] – Who has influenced Ryan the most

[00:54:37] – His personal values

[00:55:51] – More people who had an influence on Ryan

[00:57:07] – Thoughts on goal setting at the company

[00:59:29] – Unchangeable factors that shape their long-term vision

[01:02:01] – Most interesting individual conversation as part of this journey

[01:04:02] – If he could only keep one dataset, what would he keep

[01:05:09] – The kindest thing anyone has done for Ryan