Show Notes
Cormac Kinney is the Founder and CEO of Diamond Standard. Cormac has no shortage of achievements! Some noteworthy accomplishments include selling a company to Oracle in his senior year at Carnegie Mellon, coining the phrase “heat maps,” and being a pioneer in the field of financializing diamonds.
For thousands of years, people see diamonds as a valuable store of wealth. The diamond industry today is worth around $60 billion dollars a year.
Yet, the market is notorious for its complications and difficultly quantifying. Through his company, Diamond Standard, Cormac is changing that!
Diamond Standard was created as the world's first and only regulated diamond commodity. The company helps investors access this natural resource by unlocking diamonds as a market-traded asset.
Tune in today to hear about Cormac’s journey with Diamond Standard to date. You'll also learn what the financialization process of diamonds consists of. Cormac provides examples of how this impacts the market value of a commodity, and more!
Check out some of our most popular episodes:
Stay in the know and follow along:
Subscribe to the podcast:
Subscribe to The Knowledge Bank Letter - a periodic letter of actionable insights, interviews, and quality curations:
https://bit.ly/3pgdAVf What is The Insider's Guide To Finance?
The Insider’s Guide To Finance brings you stories from the front lines of financing public and private companies.
We host seasoned CEO's, fund managers, bankers, brokers and business experts who answer your questions about how to properly finance opportunities and build outstanding success stories.
We dig into the educational ‘how to’s' and mechanics of structuring good deals. You’ll also hear about strokes of luck, tense negotiations, the pressures of closing, as well as how to best engage investors and navigate the private and public markets.