Disruption Now

In this episode of the Disruption Now Podcast, host Rob Richardson sits down with Jacob D. Frankel (Kobi), the visionary Founder and CEO of Beyond Alpha Ventures. Jacob shares his journey from managing over $355 million in assets on Wall Street to leading a multi-strategy family office and hedge fund that invests in transformative technologies like AI, quantum computing, and cybersecurity. He discusses the importance of investing with purpose, the future of venture capital, and how Beyond Alpha Ventures is shaping the infrastructure of an AI-driven future. Tune in for an insightful conversation on strategic investing, innovation, and building a legacy.

Top 3 Things You’ll Learn from This Episode:

Investing with Purpose – Jacob emphasizes the significance of deploying capital in ways that make a tangible difference, focusing on ventures that combine financial opportunity with real-world impact.

Navigating Market Volatility – Learn how Beyond Alpha Ventures capitalizes on market dislocations and geopolitical shifts to identify high-conviction investment opportunities.

The Future of Venture Capital – Discover Jacob's insights on the evolving landscape of venture capital, including the rise of AI, quantum computing, and the importance of ethical foresight in investment strategies.

Jacob's Social Media Pages:

LinkedIn: https://www.linkedin.com/in/jacobfrankelprivateequity
Website: https://www.beyondalphaventures.com/

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Join us on the Disruption Now podcast as we challenge the status quo and advocate for digital equity, ownership, and responsible technology.

after I hung up the cleats, uh, you

know, finance became my sport. So, I'm I

I was the kid that was told I would

never be able to achieve the things that

I did achieve. You know, bounced around,

uh, to a few different multi-billion

dollar firms that you probably well

aware of. So, never a lack of, uh, never

a dull moment, I should say. So, I don't

want your money. Diversification is is

always your friend. When you're the most

liquid, you'll you'll never have like

the best opportunities, but when you're

not liquid, the best opportunities will

come at you. One of the biggest mentors

to me was my college lacrosse coach,

Dave Webster. You'd be very shocked and

very surprised at their lack of

sophistication. You know, they're

looking for 5 to 15% EVO positive. It's

insane the fact that Nvidia, I'm just

looking at the screen here as we're

speaking, Nvidia's down 6% and they just

beat beat raised. Even if you fail at a

at a startup, which most people will the

first time, no matter what, if you have

a if you execute well, you have a

community, it'll be fine. If you have

passion to be to make hot dogs and you

want to be a hot dog stand, like do

that. But before you do anything, um I

think it's it's prudent to, you know,

categorize the pros and cons of of a

decision that you make. Um and that way

when you do do something, you'll never

look back and regret it. Controlling

your emotions is huge, man. You cannot

let your emotions especially within

trading um you know trading um you know

half a billion dollar book hopefully

Sandbox AQ's IPO the beginning man we're

just getting started we have a studio

here in in the Trump building man come

by yeah let's take the podcast there

let's make it happen yes

[Music]

welcome to disruption now I'm your host

and moderator Rob Richardson with me is

Jacob Frankel with Beyond Alpha Ventures.

He's been an entrepreneur. Now he's on

The investing side. So he's seen it on

both sides. And you know, I can tell you

from accidentally overhearing some of

his conversation, he's a man that moves

quickly and is really good at convincing

people and understands how to

create value and proposition. So for all

you founders and people that are

raising, uh, thinking about raising,

this is a conversation you really don't

want to miss because he's literally in

the middle of New York closing deals,

closing some of the biggest deals. Uh,

again, overheard some of the

conversations. I won't tell what the

deals were, but there were some big

deals unless you want something

Jacob.

That's as well. Feel free to call me

Kobi as well. And uh thanks for having

me on here, Rob. And I wasn't sure like

Kobi. You want Okay, I can call you

Kobi. You like that? You go. Look, I'm

I'm white, small, and Jewish and played

professional lacrosse, not basketball.

But I like to think that, you know,

after I hung up the cleats, uh you know,

finance became my sport. So I think if

you apply that kind of mentality to

anything in life, uh you'll be

successful, right? So yeah. So the the

mama mentality, I love it. Exactly. So

let's talk about you. So what is your

story? Who are you? And I tell as I

preface that I I tell people I was I was

the kid I'm I was the kid that was told

I would never be able to achieve the

things that I did achieve. And you know,

I haven't been proving that teacher

wrong. I've been proving and defiding

myself right for all of my life. That's

my story. But who are you? Great

question. And uh no, I like that a lot.

And look, I I um uh you know, I come

from, you know, a family that

traditionally was not in the finance

space. So, for me to kind of venture out

of the family business, so to speak, was

uh a little bit foreign in my parents'

eyes and everything like that. And so,

I've always kind of uh prided myself on

being financially independent. And uh

again, you know, being a former

professional athlete playing lacrosse

for, you know, like likes of the Israel

national team, for example, um you know,

I I always applied myself um you know,

very aggressively into anything I've

done. Um kind of one speed, one speed

only guy. And essentially um you know,

after you know, internship on uh

my junior year of college, uh my parents

wanted me to effectively be a lawyer. Uh

that that life was not for me. I you

made the right decision as a reformed

lawyer. But don't Yeah. Yeah. I mean uh

it was a little bit too mundane. The

office environment was a little bit uh

little bit too tight for me and I uh

ended up having the pleasure of

interning at a firm called Lead Law and

um you know was a sponge and uh they

offered me a job right out of college

and effectively from there got my series

763 yada yada and um you know bounced

around uh to a few different

multi-billion dollar firms. you probably

well aware of. Um ended up getting

recruited to work uh with PayPal uh back

in 2018. Um we started Lone Builder. Uh

went down to Philadelphia. We scaled out

um you know what was uh 16 people when I

got there um to 327

um which is now today Loan Builder if

you probably get those things in the

mail for business loans. Uh but yeah,

and then after that I uh left

once we continue but I liked it. Yeah.

But really get an idea of a concept of

like when you knew

you would that you wanted to spend your

life this way that you wanted to spend

your life in finance and deals. When did

you know that? How did you come how did

you come to that revelation? Honestly,

at an early age, I always knew that, you

know, I wanted to, you know, make money.

And, um, one of the things that, um, I

guess when I left, I guess I should say,

well, one of the moral conflicts that I

had in life, uh, you know, and kind of

was a teaching lesson for me was, and,

don't get me wrong, there's a lot of

money to be made in business, debt

financing. Um, and you know, med and

private credit right now is a massive

topic. You probably see all over the

news. Um, but for me it's I'd rather be

generating, you know, and creating

generational wealth for individuals,

family offices, institutions, and and

just angel investors and regular average

retail investors. Um, I get more pride

and passion in doing that when you're

getting a a call from a client telling

them that, you know, the investment that

they just made, you know, paid for their

daughter's wedding. Um, is is much more

u, you know, satisfying for me than than

speaking to an institution which we gave

Square at two billion or Facebook a 13

and uh, you know, next deal they're just

like, "All right, we'll take a look at

it." you know. So, it's uh for me it's

it's uh it's it's about the passion that

I have um about, you know, really

impacting people's lives and and making

a difference there, too. Yeah. Kobi, you

mentioned something that about the

family business, and I don't know if

that was just a side or a reference, but

like what what what did your parents

want you to be when you grew when you

grew up? Yeah. So, I mean, my uh my

mother really wanted me to be a lawyer.

Um but you know I come from a family

where you know my my father's and my uh

my aunt is uh you know kind of bonified

the number one celebrity hair stylist in

the world and my father owned um New

York beauty supply LLC and my uncle

owned um the largest commercial HVAC

company in tri-state area you know

putting every tri-state area right

that's

I'm located yeah I'm located here on 40

Wall Street right in the heart of the

financial district and the Trump

building so never a lack of Never a dull

moment, I should say. Uh here here on

Wall Street, you walk out of the office

and it's a scene from a movie. So, how

was that conversation when you told your

parents that you didn't want to be in

the family business? Uh you know, they

um said, "Go and do it, but we're not

paying for it." So, I said, "I don't

want your money." So, you know, uh so,

you know, that's kind of how it went. Um

since I was 13 years old, so kind of

paved my own way. Um, that's how you

have to have that

mindset, right? So, you've always had

the Kobi mindset. So, Kobi, you know,

because you know, you go by Kobi, but

Kobi failed a lot. I would love to hear

a time when you failed and how that

informed you or helped you become a

better entrepreneur or investor. Great

question. Great question. Um, so 2019, I

wouldn't say technically it's a fail. I

mean technically we were up 300% but um

this investment we had deployed 62.5

million dollars into I won't name the

company just due to compliance purposes

but um it was a digital remote patient

care monitoring company during COVID I'm

sure you probably familiar a lot of hot

um you know like sock dock type

companies were coming out right uh

because no one could leave their homes

right and uh you know I was involved

with a hedge fund that uh essentially

was taking advantage of that as well as

a Puerto Rico bank license to utilize,

you know, the 4% corporate tax there and

compounded investments in a much more

tax efficient and tax friendly manner.

Um, so you, you know, shave off, you

know, 16 to, you know, 19 basis points

on on your investments as well as just

the the ROI that you're getting. But,

um, one of the things that I I learned

and um had kind of the the hard way to

learn, I should say, is um

diversification is is always your

friend. You can never you can never have

enough cash on the sideline. Um because

there's always you were up 300 but was

so something must have happened in

between there. So well yeah what I'll

say is you know in life opportunities

will come at you and when you're the

most liquid you'll you'll never have

like the best opportunities but when

you're not liquid the best opportunities

will come at you and you don't have the

money to put into that if that makes

sense. That's actually powerful, right?

Because that's something that's that's a

mic drop moment people to think about,

right? Because people always think,

"What if I miss this moment?" But if you

don't, if you're not ready for the

moment, you're going to miss it.

Exactly. So, I I know my thing is be

very disciplined. Um I think you need to

be very disciplined. Um you know, always

it's all about look, you can never know

enough. Um if someone, you know, thinks

they know everything, they don't. Uh at

the end of the day, what makes a

marketplace is perspective, right? Um

even on the stock market and the public

trading side um you know at the end of

the day if you can forecast and predict

how the market is thinking how the

sentiment of the market will think on

future events that will take place if

you look at the calendar um and play the

calendar um you know that's how you

become successful and effectively become

a predictive analytical machine right um

but you know it's it's about kind of uh

being able to sense uh you know how the

other side of the table is thinking and

when you can put yourself in the views

of others and uh whether you're doing

business or even in your personal life I

think you'll be much more successful in

whatever you're trying to achieve

because you're effectively uh allowing

yourself to see their perspective right

and perspective is what makes a market

right on the other side of a trade

there's always someone selling there's

always someone buying so

it's so uh but the harder part of that

is though people are also irrational so

don't expect uh that's the reason for

the diversification and and the liquid

conversation she mentioned earlier. So,

uh I'm curious about your value system,

like what mentor or person in your life

shaped your value system?

Yeah. You know, I'd say one of the

biggest mentors to me was my college

lacrosse coach, Dave Webster. Um he he

was uh he's a Hall of Fame coach. Uh

he's someone that kind of installed in

me at a young age uh you know what the

term grit was and kind of just you can

never be too big and never be have too

much money to essentially get your hands

dirty type if that excuse my

language if that makes sense. And it's

disruption. We don't care. Yeah. Yeah.

And uh you know that's really kind of uh

one of the things that you know has

always stuck with me since since I

played uh lacrosse in college was you

know having to wake up when I was in

college and run a mile and a half in

under nine minutes just to be able to

play on on practice you know just every

day for four years of your life uh you

know kind of creates a little bit of

character that that alone but uh but

yeah I mean uh the he was a very

instrumental figure in installing uh you

know what I would call grit um and and

kind of determination, right? And when

you set an objective in life and you set

out a mission statement to do something,

you either do it or you don't. And uh

that's, you know, something that stuck

with me. Um because otherwise you're

just leading false narrative or you're,

you know, you're not being real with

yourself or being real with the people

around you that you're telling uh

someone you're going to do, right? So

that's another thing that especially

within finance where your reputation

really if you can't call me really

quick, I'd like to Yeah. Go ahead.

sports means a lot to you clearly that

you you reference a lot in your life and

you know obviously wanting to go by Kobi

and your middle name there it means a

lot right to you for just you want to

that that that that that shaped you. Can

you think of that moment though? Can you

think of any moment in sports in terms

of defining moment when something was

really didn't turn out the way you

expected and that really kind of formed

and shaped who you are? Yeah. Yeah, man.

Uh, look, I probably shouldn't say this,

but um, yeah, I mean, look, uh, in high

school, I'm be very honest. Um, I was

like a prodigy lacrosse player. I had,

um, my freshman year, I had full ride

scholarships from every single Ivy

League school except for Harvard. For

some reason, Harvard aided me. I don't

know why. Um, I had every Ivy school,

Yale, Brown, Dartmouth. Brown and

Dartmouth were my top two, which I had

verbals on. And um I had gotten pulled

over for having some marijuana in my car

uh driving to school one day and uh my

full rides got dropped. Um I ended up

going D3 to Dickinson. Uh did compete

for a national championship, but at the

end of the day, you know, I look back on

that and tell myself, look, you know,

maybe had I gone to Dartmouth Brown, I'd

be sitting in a Goldman Sachs $300,000

cushy salary cookie cutter job and that

would be my day-to-day nineto-ive basic

ass life. But um that's not what I

wanted in life. Um you know I wanted

that uncapped kind of structure that you

can kind of create your own what you put

in is what you get out model. And um

that's one of the reasons I started

Beyond Alpha was because after um you

know about over a decade working in the

industry on the street here and kind of

just seeing the ins and outs of what

people see on TV of Wolf of Wall Street,

right? uh for example it's some of it's

reality some of it's not but um most it

is but uh

a lot more a lot more they don't seem uh

but no but at the end of the day when it

comes to the actual business side of

things what didn't resonate with me and

I don't know if it was whether maybe

because I came from background I did but

um I just didn't like the fact that the

commission model was 1 to 5% into a

trade 1 to 5% out of a trade meaning

that the the PMs or you have PMs like um

you know CEOs of huge private equity

firms. They employ their stock brokers

or bankers and their bankers and brokers

are going out to their clients, right?

So the clients are either winning or

losing on whatever the trade is. The

brokers are living paycheck to paycheck

making a commission off of that deal and

the PMs are sitting up there every

single time win or lose they're making

their money because off of the volume,

right? And so that that whole model in

my opinion was just completely

because at the end of the day their

interests aren't aligned, right? So how

can you be in business together if your

interests aren't aligned? So I what I

decided to do was create a financial

engineering model that essentially has a

venture capital kind of structure where

in venture capital um you know the

reason that people are most likely uh

most of the time successful in venture

capital is because they have their

interest aligned um you know with the

private companies that they're working

on because they don't have to report to

regulators and do whatever they have to

do. so they can get crafty and get very

creative. And um so I created a a 2

and20 structure with a 25% watermark

saying that look if we don't break 25% a

year, we don't get paid. So that way our

interests are directly aligned and we're

not just whacking you with fee in and

out of a trade, you know, so you know,

so you know that we're either going to

make you money and if we don't, we don't

make money and if we do, we make money.

So now, now Kobi, why was it you that

created Beyond Alpha Ventures? Why? Why

was it you? Um I just felt like someone

had to do it, man. Um at the end of the

day, I I had gotten um you know, pretty

look, it wasn't that uh the money wasn't

good. The money was very good on the

street. Um, but I just, you know,

wearing that suit and tie every day and

seeing the people that were actually and

really getting to know the people that

were behind these multi-billion dollar

institutions, you'd be very shocked and

very surprised at their lack of

sophistication and and lack of uh

intelligence in terms of as I go back to

the most important thing,

diversification. one of the biggest life

lessons I've learned. And you know, at

the end of the day, um, I say that

because, you know, all they care about

is is volume, right? They just care

about eating off of their guys on the

floor who are salesmen, not really

investment adviserss and financial

professionals as as we quote unquote

think them to be. And that's one of the

problems with the stigma or the reality

of what Wall Street has become is that a

lot of shops out there have that culture

that um isn't practicing the right um

principles, right? And so that's why I

thought there needed to be um the case

by the way. Go ahead.

Yeah. Yeah. I remember uh I think it's

President Obama that said this, but I

resonated with me that you know when you

when you get a seat at a table and you

sit next to people, you you you also

helps uh with your confidence because

you're like, "Oh, oh, these people

aren't that smart. These people aren't

like magical uh people with magical

powers. These are a lot of them are

normal people that have good networks or

I figured out one thing very well but or

just inherited something right but it's

but but it's but like it's not that

these people are beyond you or me right

it is it it is it is achievable but like

being in those circles kind of really

helps you see that right because I I

tell that to my guys on the floor all

all the time I'm like look at the end of

the day it's just another guy on the

phone stop getting so nervous man look

yes they may have a lot of money but

they still have the same problems in

their day-to-day, their daughter's doing

this or their wife's cheating on them.

They say, you know, they still have

problems in their life, you know, they

they they still, you know, get, you

know, an itch out of their armpit just

like you do. Like, you know, they're

they are just human beings. So, you

know, at the end of the day, um, you

have to resonate with people, connect

with people on a personal level in

business, I feel, as well. And if you

can't do that, you won't be successful.

Um, you know, that's another thing. You

could be the smartest, you could be the

smartest person in the world. I've seen

very smart people who've had phenomenal

ideas and phenomenal products and stuff

like that, but they just haven't had the

ability to convey them and connect with

people and that's why they're their

business or whatever it is is successful

is because uh they don't allow

themselves the opportunity to connect

with the people that they need to ensure

the success of whatever they're trying

to do, right? So that's huge. So you do

invest in in startups, right? So the

Beyond Alpha Vision does that. So let's

talk about startups in the in the

current climate right now. Um what do

you see as some of the biggest kind of

differences in the climate now versus

five years ago? You know five years ago

it was you come up with any type of

concept or idea that people found and

you to be uh scalable and you were fit

the right profile in the right area you

pretty much get funded. feel like that's

changed a bit like what do you think is

the difference now and how should

founders be thinking about the landscape

now? Yeah. Um, you know, I think now a

lot of people are looking for more um, I

guess fundamental plays, right? Um, you

know, a lot of the family offices and

and funds that I work for and and hedge

funds that we work with, I should say,

um, you know, they're looking for five

to 15% EBID positive, right? uh you know

right industry AI uh cyber um quantum um

they're looking for uh companies that

have you know uh a good balance sheet

not a lot of debt uh some decent cash

and obviously the most importantly a

good business model that has a

fundamental trajectory showing that the

company is going to sustain that that

business growth right like even I think

it's insane the fact that Nvidia I'm

just looking at the screen here as we're

speaking Nvidia's down 6% % and they

just beat beat raised, right? Like in a

in back in the day, if you beat your

guidance, beat um you know, you beat

your EPS and you beat your numbers and

you raise your guidance, your stocks

usually go through the roof. Now they're

down 6%. So, it just kind of goes to

show that we're in a market environment

right now where, look, let's face it,

geopolitically, some could call this

World War II, right? um what's going on

on Ukraine, Israel, and um you know,

Russia and and uh Syria and Lebanon.

It's uh it's real stuff that's going on

there and that's why we're actually

investing with a lot of companies that

are uh you know, doing some serious

stuff over there. So, no. No, it makes

sense. So if you're advising u startups

like what what what's the common thing

that what's the most common thing I'll

say that startups get uh wrong when they

come to approaching when they come to

approaching like getting the venture

capital funding.

So I I mean uh it's not that they get it

wrong. I think that they kind of jump

the gun sometimes. Uh, you know, one

thing that, you know, startups, you

know, could do is kind of take a take a

a flip in the page book or take a page

from, you know, kind of the public

company perspective, right? Like look at

a public company and and tell yourself,

you know, if you run your startup like a

public company from day one and you get

automated financials, you have a clean

backend accounting system, right? You

have, you know, a very clean

infrastructure. It's all about

infrastructure, right? If you create an

infrastructure that's scalable um and

you have a flywheel distribution model

and that's what I believe in. I was

mentored by um a gentleman named Richard

Dehon. He's an MIT professor and uh you

know he taught me the Pareto capacitor

model which is you know the 8020 right.

So you could have at Google 80% of your

employees are getting 80% of the salary

but 20% are really doing 100% of the

work. Right. Right. So essentially um

it's similar to VC where in VC you know

you can have 30 investments you know 20

of them could be duds or maybe 28 of

them are duds and two of them are are

wins and those two literally make the

entire portfolio's return right so um

it's again it's it's about uh being very

disciplined in my opinion I'm of the

approach I'd rather not throw out 30

bets and you know hope that two win

that's not my approach I I'm more

selective I think that if you are more

disciplined and you poke holes and um

maybe sometimes you miss maybe sometimes

you don't you know uh you know get a 17x

in a year which I missed out last year

but look at the end of the day um

sometimes you know uh it's worth it

because it could have been the opposite.

it could have been, you know, uh 100%

loss, right? So, um at the end of the

day, you have to be uh very selective in

what you do, very disciplined, and I

think it'll, you know, come back to

reward you. Slow and steady wins the

race, man. Agreed. So, what is a common

piece of advice that you hear in the

startup community or the investment

community that you just completely

disagree with?

Uh where

that's a tough question. Um I mean, give

me like an example. Give me an example.

Give me an example of like uh something

like you're hearing. Um uh so one thing

I hear is uh so for early startups, I'll

tell you my my perspective. Uh early

startups pre people tell you you got to

go out, quit your job and quit

everything and do that. I think that's

horrible advice from my perspective. I

think yeah, I I think you do go all in.

You either all in or not. But I don't

think you go out and quit your job

unless you got a spouse that's got

benefits and other stuff. you have some

decent plan for just able to prov

because provide I think I I get what

you're saying now. I think what it is

that you got to have I think anything

that you do you can't you can't look at

a job as well the one thing I used to

tell myself look if you're working a job

right now as you speak and you're

listening to this and you literally have

to legitimately look at the clock every

like hour to know when you're getting

out of work like just literally quit

right now like quit right now like

literally walk out the door I guess what

I'm trying to say is this like and this

is a different this is why it's

something that I I phrase this question

sometimes this what's what's a truth you

have that very few people agree with you

on, right? It was it's actually from

Peter Chills bug zero to1. But um but

but like that position is like I I hold

that position because if you have a job

that's flexible enough to do some stuff

or you get some type of job that's

flexible enough or you have some type of

other support system just because I've

learned that people some people can

operate from a system of like okay they

have nothing and go out there and figure

it out. Almost almost all of these

really successful founders though large

scale had good support systems like real

talk right Mark Zuckerberg had it Jeff

Bezos had it like so they tell people

this advice that they didn't have that

they didn't go through they weren't that

yes were they in college and and out of

their basement yeah that's different

than going out having to figure out how

to pay the rent to just being in college

where you you know you can go back to

your parents I think it's very different

so I still think people should I think

people should always be entre

entrepreneurial in their mindset. I

think it should never be tied to a job.

I think you got to figure out a plan to

have some financial independence. So,

and then does come a time that you need

to leave. But people say like, "Oh, I

get this idea. I have a great concept."

Uh, it's starting to have a little bit

of traction with everything. I think

never leave every Never leave something

until you have something else planned.

I'd say, you know, yes, you got to have

a plan. You know, at the end of the day,

you got to have a plan. And it's also

more about uh execution, right? You you

can have the best player in the world,

but if you're not ready to execute it,

you don't have the resources to execute

it, then don't quit that job yet,

right? So, like let's give the example

of Jeff Bezos. Yeah. Like Amazon almost

went out of business. Okay. Like people

don't go to it almost went out of

business. It just had enough capital to

survive these slumps. So everything So

what I want what I tell people is I

believe in being an entrepreneur being

out there. However, your story is you

can't compare your story to anybody's

story. One. Number two, a lot of these

people that tell their story aren't

telling the full story, right? And their

stories from a narrative that sounds

good, but in reality, they didn't come

from the bottom, right? And it's I

didn't come from the bottom, by the way.

So, it's not a bad thing. It's just

something or like these people usually

come from a different there's some you

have to have a community and a tribe and

a plan. bottom line like even if you

fail at a at a startup which most people

will the first time no matter what if

you have a if you execute well you have

a community it'll be fine right but like

I don't want people to go out here and

just do this stuff without and think

that okay I'm going to be successful at

21 building a business una because the

because the average like they see that

story of Mark Zuckerberg instead of

saying that's the rule that's the

anomaly most successful uh uh CEOs are

like in their 40s like but but we tell

this narrative ative and story that

people get caught up. So anyway, that's

mine. You don't have to ask that

question, but I like I have like uh like

these are questions that people think is

common advice or common things, but

that's just I think I I think I think my

thing is you got to have passion behind

whatever you do, right? Like you know,

regardless of whether you want to if you

have passion to be to make hot dogs and

you want to be a hot dog stand, like do

that. You will end up having you know a

100 hot dog stands in New York, 100 in

Texas, you know, making millions a year,

right? Um, but it may start with one,

right? Um, but at the end of the day,

it's it's about having passion in what

you do. So, you know, my grandpa, you

know, rest in peace, um, he was, you

know, the first Jew to go to Harvard

Business School and, um, his father was

the secretary of treasury of Jerusalem.

So, he's a very wise man, has some books

written on him. And, uh, you know, the

one thing that he taught me at a very

young age was the sooner that you know

what you want to be, um, the sooner

you'll be successful. That's what he

said. Yeah. Um, and so he said just pick

what you want to do and stick to it and

run with it. I kind of asked this

question, but I don't know if I fully

got my answer. When did you know what

you wanted to do with your life? Yeah.

Yeah, I mean I think for me it was right

when I uh got that internship on Wall

Street and um you know I kind of got in

inside that that boardroom and and kind

of saw the the characters that were in

there and the lifestyles they were

living and um at the time I was you know

idolizing them kind of like that Jordan

Belelfford almost but not really though.

Um, and you know, now I look at it and,

um, I look at them very differently now.

But, um, I don't know. Uh, you know, at

a younger point in my life, I guess

there was things that mattered to me

that don't matter to me as much now.

But, um, you know, I think, you know, if

you're out there to make money and

generate wealth for yourself, um, you

know, you have to pick and choose your

battles. But uh for me it was it was

about um just being financially

independent and having um you know

uncapped commission structure and I

didn't want to be you know the guy

sitting next to someone else doing all

the work and getting the same pay they

were out of salary, right? I wanted to

be able to create my own destiny. So

yeah. So you talked about being younger.

So I want to go to our lightning round

questions. It's one of my one of my

questions I love to ask. So, uh, what

advice would you give your younger self?

And what advice would you tell your

younger self to ignore?

I would tell myself to slow down. Slow

down sometimes. Uh, if you take your

advice, yeah, probably wouldn't. No. uh

but uh slow down and and probably no uh

the other thing is uh before you do

anything uh I think it's it's prudent to

you know categorize the pros and cons of

of a decision that you make. Um, and

that way when you do do something,

you'll never look back and regret it

because you've always calculated the

risk and reward and you told yourself, I

knew what I was doing before I did it

and you know that was the decision I

made. And then if an unexpected outcome

happens, that's uncontrollable, right?

But only you can, someone once told me

you can only control the controllables,

right? So you can only control the

things that are around you and things

that you can control other things you

cannot. So and most things you can't

control actually this is something this

you always have options. That's why I

derive options. It's optionality, man.

Exactly. You can't control most things.

You can control a few things and that's

all that matters. Like you can control

how you respond, how you feel, um your

actions, you almost can't control

anything else. Like that's almost it.

Yeah. Controlling your emotions is huge,

man. If you can control your emotions,

um I think you'll be very successful.

Controlling your emotions is huge. you

cannot let your emotions especially

within trading um you know trading um

you know half a billion dollar book um

you know if you let your emotions get to

you and you know the market crashes one

day and you know essentially you're

selling off your entire portfolio and

and next thing you know you're chasing

it up it's you know you cannot let your

emotions get to you so stick to the

thesis stick to the fundamentals stick

to the reason why you're buying

something and um I think that you know

yeah you have to be very disciplined in

that. All right. So, if we uh if we meet

a year from now, what are we going to be

celebrating? Uh hopefully Sandbox AQ's

IPO.

Yeah.

All right. Final question. Uh if the

last five years of your life was a

chapter of a book, what would that

chapter be about?

The beginning, man.

The beginning. Yep. The beginning of

what? We're just getting started. Uh,

Beyond Alpha Adventures. Um, you know, I

think Beyond Alpha Adventures um, you

know, it's kind of my baby. It's uh,

uh, you know, something that I think

ultimately um, uh, you say what we'll be

celebrating a year from now. You know,

we have a lot of things confidentially

that we're working on behind the scenes.

Um, and uh, potentially, you know, maybe

one day we'll be a public company. Maybe

one day you can you have that. We'll

have the podcast in your building.

That happens a year from now. I'll go

there. Well, let's take the podcast

there. Let's make it happen. Yes, you

can. You can come here anyway. We still

We have a studio here in in the Trump

building. Yeah, man. So much. Now, I

hope you do that. I better be your

hobie. Was such a pleasure. Thank you,

Disruptor. Keep disrupting with us.

You're the man.

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