Video Transcription
Mike Mann:
Okay guys, we did it again. We are live with my step brother, Eric Cantor:, who I’m adding this very second. He’s not on yet. He thinks he’s on, but he’s about to actually go on. Am I on now? You’re on now.
Mike Mann:
Hey, you’re wearing my shirt. You’re wearing my shirt.
Eric Cantor:
This is yours, did I take this from you? I think you took that from me.
Mike Mann:
the only day of the year I’m wearing a long sleeve shirt in Florida.
Eric Cantor:
My wife just told me to get dressed up for my appearance.
Mike Mann:
You did a great job getting dressed up. Let me tell you I don’t get a lot of
Eric Cantor:
press these days. So I got to get a big moment.
Eric Cantor:
I’ll see you in the next video.
Mike Mann:
Cool buddy, well I appreciate you joining me for my little routine here.
Eric Cantor:
Good to see you. I like this studio. So the green room was very comfortable. They had nice copies.
Mike Mann:
It’s a fancy setup I have to admit.
Eric Cantor:
Yeah.
Mike Mann:
Cool. So how’s everybody doing? How’s the weather in New York?
Eric Cantor:
It’s freezing cold. We’re actually in Connecticut right now. We took a little detour from the city in June and have not had the heart to go back yet, but our plan to go back very soon. But it’s quite cold.
Eric Cantor:
Connecticut’s even colder than New York. It’s sort of like New England -y. You get this. How horrible. I don’t mind it. I kind of like the cold. I can’t even say.
Mike Mann:
I’m like, frozen.
Eric Cantor:
What’s the temperature in Florida today?
Mike Mann:
Well, it’s probably getting warmer now, but last night was probably like, I don’t know, maybe 55 degrees or something. No way. I don’t really know. I didn’t look all, I was freezing. We didn’t turn the heat on, so like buried under blanket.
Eric Cantor:
I mean, this whole last few months, it’s like, you kind of leave the, you don’t leave the house, at least up here, you don’t leave the house unless you have to. And in summer, that’s quite hard, right?
Eric Cantor:
You wanna go for a walk, you wanna go to the beach, you wanna go here, there. In winter, I literally can not leave the house for a couple of days and it’s not the end of the world. I do enjoy like poking my head out.
Eric Cantor:
Like when I’m first wake up in the morning, just getting like 30 seconds of freeze.
Mike Mann:
What’s in front of you when you look out?
Eric Cantor:
I’ll show you.
Eric Cantor:
Yeah.
Mike Mann:
go. Usually we don’t start the interviews like this but it doesn’t really matter.
Eric Cantor:
You see that?
Mike Mann:
Yeah, I did it. It looks nice like this word
Eric Cantor:
Thanks, Susan.
Eric Cantor:
Yeah, it’s very, you know, it’s what you’d picture when you think of Connecticut.
Mike Mann:
I don’t think anything a Connecticut. I’m not even sure if I’ve ever been to Connecticut before
Eric Cantor:
You’re not missing much. It’s probably like North Carolina down there. You know, it’s a lot of trees. It’s not yet.
Mike Mann:
North Carolina, that’s for sure. That was it. Nothing’s like North Carolina. It’s a world unto itself.
Eric Cantor:
What I’m just thinking, if you’re in Florida, you go up a little bit, you’re in North Carolina. If you’re in New York, you go up a little bit, you’re in Connecticut.
Mike Mann:
Right, well North Carolina has the people of North Carolina, so you have to take that into account.
Eric Cantor:
True, although if you don’t leave your house, you don’t really worry where you are. You could be anywhere.
Mike Mann:
So speaking of the people of North Carolina, my father from North Carolina is married to Eric’s mother, making him my stepbrother for reference for anybody who missed that.
Eric Cantor:
That’s true.
Mike Mann:
This is true. So what I like to do is, I don’t know how many of my other live streams you watch, but I kind of try to force people to go back to their family and their work history before they tell me what they really want to tell me, which is what they’re currently working on.
Mike Mann:
In your case, you’re working on an awesome FinTech platform, Vincent with some cool people and cool technology. And we’re gonna get into that in like five minutes. If you don’t mind, we’ll do your history for a few minutes.
Mike Mann:
And whatever you want to talk about in general, you can talk about football, but as I mentioned, like I’m not caught up on the football this year, but.
Eric Cantor:
Well, your team has a new name. I don’t know if you guys- I know, well- The Washington football team.
Mike Mann:
That was the final assault which prevented me from watching, although I watched a little on Thanksgiving.
Eric Cantor:
But they’re looking pretty good actually. Yeah, sure, we can talk about, so background, let’s see. I was born in New York City. I went to school in Atlanta. I always had a, kind of followed my own, beat of my own drum a little bit.
Eric Cantor:
I studied abroad in Spain. I was pretty geeky and into coding from when I was 11. But I really gravitated towards computers and the internet and that sort of type of experience. I’d play some sports too, but you do what you’re good at.
Eric Cantor:
I graduated college and got a fateful call from you actually. I don’t know if you remember what you said, I’m sorry.
Mike Mann:
You’re going a little quick here.
Eric Cantor:
I’m going too fast.
Eric Cantor:
Yeah, follow me again.
Mike Mann:
Well, first of all, tell us a little bit about your family and your family business, and also more about how you ended up playing with computers.
Eric Cantor:
Wow.
Eric Cantor:
I feel like I’m therapy again.
Mike Mann:
Um, you are that you got to watch the other live streams and you’re on a couch. It looks like
Eric Cantor:
I’m actually just
Eric Cantor:
I got the couch.
Eric Cantor:
Um, so yeah, for now Let’s see. I mean, you know initially it was like You know you have comp you serve and you’re chatting with people and downloading these pirated apps and Tweaking them to have your name on this home load screen instead of how old were you?
Eric Cantor:
1112
Mike Mann:
Right. And then before I did, I mean, what’s that at an earlier, much earlier age than I ever saw any of it. Well, you must have been the first time I really saw a computer was at Santa Barbara City College.
Eric Cantor:
which was like 1990 or something.
Mike Mann:
like 1950, yeah, something like that.
Eric Cantor:
I remember computers like were, you know, the Commodore 64, the Atari 800, you wouldn’t call these computers now. Like this, they’re probably about as less powerful than this remote control that has like a triple A battery.
Eric Cantor:
So you’d put a cartridge in, then you write a program in basic, which was the programming language, which I still remember. 10, list, 20, go to 10. Super simple stuff, and those programs wouldn’t even be safe.
Eric Cantor:
You’d write your program, you’d run it, show your friends, then you turn off the computer and the next day, that program’s not even there anymore because there was no way to save it. So you’d have quick drives.
Eric Cantor:
And then we had modems and you could talk to other people and send them your programs. All of this was super underpowered stuff.
Mike Mann:
But why did you just had friends and people that were into it, so you just started getting into it?
Eric Cantor:
Yeah, I mean, you know, it was just one of the things we did, you know, I mean, I guess it kind of goes to like D &D, Dungeons& Dragons, computer programming and all that stuff that wasn’t cool back in the day, but now like all the people who did that are like these, you know, creative stuff.
Eric Cantor:
Thank you.
Mike Mann:
about your grandfather and your uncle, and then we’ll get caught up a little bit.
Eric Cantor:
Um, my grandfather, um, on my grandfather, big influence on me. Great guy. I mean, you know, when I, he was, when he passed away, I was only 19, I think. Um, but he was like one of these people who always would like whoever you were, if you were like the CEO or the president or the mail room clerk or the intern, he sort of like gave you his full attention and listened and kind of gave you the space to like be a person.
Eric Cantor:
Um, yeah. So, so that, I mean, that just had a big, you had a big impact on me. One of the people who was most formative to me.
Mike Mann:
Right, but he’s also owned Warner Brothers and a bunch of great corporations which…
Eric Cantor:
Actually, yeah, I come from a fairly long line of entrepreneurs. So actually, my great, it was my grandfather’s mother’s dad. So I guess my great, great grandfather had a stable in New York City in 1898.
Mike Mann:
Really cool.
Eric Cantor:
They would transport people on their horses, right? So it was the only, one of the few horses in town. So if you had to, you know, one of the main needs. And the coyotes. Basically legal coyotes, yeah.
Eric Cantor:
You know, they would have one of the main needs for transport was burial, right? Jewish people, as you know, have like a, certain traditions around burial. There’s a time limits and there are things you have to do and rituals.
Eric Cantor:
And so the horses would be rented very frequently for this purpose. And then in the early 20th century, there was this invention called the car. And this again, it’s my five gerads ago had this idea.
Eric Cantor:
Hey, we get a couple of these cars. We can do this even faster. And we can do all these other things. So they’re really, I mean, talking about,
Mike Mann:
otherwise known as a Hearst.
Eric Cantor:
Yeah, I mean, the car evolved to that, right? When it became this like styled out thing. But I think back in the day, you didn’t have 89 different models of cars that the dealership kind of street, right?
Eric Cantor:
You had like the Ford Model T and you had to like customize. This is even before that. This is like those cars being a black and white movie.
Mike Mann:
I didn’t even know that story.
Eric Cantor:
Yeah, so that was the start of what would become this parking business and then the retail business, right? Cause the cars were used for that.
Mike Mann:
Right, so again, let’s just to be clear here. So eventually Eric’s grandfather, Eddie Rosenthal, evolved into, from those coarse -drawn carriages, evolved into the parking lot and funeral home business in New York and made a huge presence in both plus real estate, plus other stuff, plus I guess, I don’t know how he ended up buying owning Warner Brothers, whatever you can tell me.
Eric Cantor:
Yeah, there’s a whole evolution. I mean, they went from the…
Eric Cantor:
the
Eric Cantor:
to the transport and parking. So you had to have somewhere to serve when the horses became cars, then you had to find a place to put all the cars. So you need parking garages. And then it’s like, well, we’re parking these cars here all night.
Eric Cantor:
Why don’t we use the cars in the day and also why don’t we own the parking garages so that we don’t have to have that huge expense. So slowly turning these different big expenses into assets that could then create other businesses was kind of the way that they went about building.
Eric Cantor:
And you’re right, they did buy for a period of time Warner film, I mean, I was before my time, but I think the studio was like down and out. And it’s had some big movie coming out, but they didn’t have the money to finish it.
Eric Cantor:
Like Woodstock or Jaws, I don’t even know what it was. And they picked it up, but it turned out to be quite a good asset. But that jingle armor went public in the late 60s. you
Mike Mann:
The Warner Brothers conglomerate. It’s called Warner Community.
Eric Cantor:
occasions.
Mike Mann:
So again, then you want to tell me what happened next? Thank you.
Eric Cantor:
Well, I wasn’t this is all stuff. I’ve read in books. So by your memories a little faint My cousin’s father was like then the next there’s like the fourth generation of that and led the business and You know for many years and then time bought it in 1990 1989 I guess I was 17 so I kind of had this you know, I was
Mike Mann:
I was already studying following business at that point. I just had never met you by then but You were probably a baby whatever but yeah, but the bottom line is So Eric’s grandfather Eddie Rosenthal.
Mike Mann:
I didn’t know all the history prior to him I just thought he was the first guy but in any event then he hired Eric’s aunt’s husband Eric’s uncle Steve Ross and they put together the largest merger in world history On Wall Street merging their little company Warner Brothers, which wasn’t so little with a bigger company time It’s almost like a reverse merger because then Steve Ross was the CEO And again, I like I knew these stories before I even met Eric Like, you know, he was friends with like Barbara Streisand and Steven Spielberg and like the man, you know
Eric Cantor:
Yeah, you probably know more about it than me, right? Because that was not… That was like…
Mike Mann:
I know well, I don’t know I just read you know a couple books and your mom told me you know
Eric Cantor:
There are a few books about it, a couple of them are true. Yeah, she had more stories for sure. I made her.
Mike Mann:
tell me. I mean, I just, you know, I drill everybody. So I just drilled her and made her tell me some information.
Eric Cantor:
Thank you.
Eric Cantor:
No, I mean I had some chats with my grandmother, you know, unfortunately she passed away about three and a half years ago, four years ago, but she would tell some great stories and I actually hooked up a lot of the things I just told you, I actually got from the, there’s this really great man who was the, he was a teenager or like a college intern for my grandfather, my grandfather was like 50 and now he’s the chairman of this funeral business that’s spun off.
Eric Cantor:
That’s one of the principal like Jewish funeral parlors on the Upper West Side of Manhattan. Really? That’s awesome. He’s like 80 years old. He’s the chairman of Meredith. He’s the front man and you could have your
Mike Mann:
kids get an internship with they’re old enough. He had
Eric Cantor:
We had lunch with him and he was telling me how your grandfather figured this out and then he took the cars And so he kind of piecing it all together, but I don’t
Mike Mann:
I was like, you should piece it together, man. You should write a blog about it or something. Don’t lose it. I actually have my grandmother and my great aunt and my other grandmother, all three of them, that I put on audio recording 20 -something years ago and got all my family history.
Mike Mann:
So I have these cassette tapes of them in my safe that I need to piece back together. But my point is you have amazing stories from your family. I don’t think they’re gonna be lost, but you may as well document them.
Eric Cantor:
No, we actually have like a 250 -page memoir from each of my grandparents. Cool. I don’t know about you, but like, you know, living the life right now here, like it’s… I don’t remember sometimes what happened to me last week.
Mike Mann:
No, it’s not about that. It’s just saving the archive for your kids and your grandkids. I agree.
Eric Cantor:
It’s very important to do that. And even with the kids, you have some crazy experience with them, and then you’re like, oh wait, did we get a video of that?
Mike Mann:
Amazing that you have the story back to the horse drawn carriage like you nobody ever told me that one. That’s pretty amazing I mean, that’s very amazing, especially when you just traced it to a guy who still works at a funeral home in the Upper West side, you know
Eric Cantor:
I mean, the interesting thing is that’s like a hundred.
Mike Mann:
in 20 something years of you
Eric Cantor:
Yeah, that was more than 120 years ago. It’s interesting, right? Is like, if you look at it through the lens of New York, right, like New York City has always been this place where all these, this hustle and entrepreneurship of business has just happened.
Eric Cantor:
And it still is, although in very different ways. And like, you know, the Jewish community coming into this country and like people trying to create businesses. And then here we are like five generations later, like basically doing the same thing even though the world around is completely changed.
Eric Cantor:
Thank you.
Mike Mann:
People still need to park their buggies and get funerals. And they need media. Did your great -great grandfather start a cloud -based Vintech company?
Eric Cantor:
Not that I’m aware of probably would have it’s the opportunity to present itself, but it might be in his memoir that
Mike Mann:
he was thinking about something really cool for the future.
Eric Cantor:
Yeah, I mean you do, you’re trapped in the time that you were born, right? Like some people should have been born in the 20s and some people should have been born 100 years from now, but like you gotta make do what you got.
Eric Cantor:
So like it’s pretty resourceful, right? Like imagine, I mean you remember operating in a day when you couldn’t just have a video conference with somebody who’s 200, 2 ,000 miles away or things like that.
Eric Cantor:
I mean, it’s a whole lot.
Mike Mann:
I remember actually when I was a young child hearing, oh, one day there was going to be these phones where you could see and speak to people, you know, two -way video communications, whatever. And sure enough, that’s what we’re doing right now.
Eric Cantor:
Jetsons, right? Like how many things like that would be
Mike Mann:
the thing, the Jetsons was actually the example, but those are real phones. That’s what we’re on right now.
Eric Cantor:
Totally.
Mike Mann:
There were fantasy phones that turned out to be real phones. We didn’t get the spacecraft though. I was hoping more for the spacecraft.
Eric Cantor:
I mean, it’s coming, right? I mean, Elon’s gonna go to what he said, Mars in five years.
Mike Mann:
Did you see the way they traveled? They’re like, I don’t know if they’ll be that precise anytime soon.
Eric Cantor:
But science fiction is what’s coming, right? It’s the question of when.
Mike Mann:
But the part that isn’t fiction, the science part is coming and the fiction part isn’t.
Eric Cantor:
Right, but when, right? I mean, a lot of these things are just a question. Like we will have autonomous vehicles, right?
Mike Mann:
No, that’s it. Well, the vehicles themselves work, but actually that’s one of the biggest fallacies and the biggest scams on Wall Street This idea that autonomous vehicles are gonna be driving on 95 That’s never gonna happen unless they have special lanes But it’s never gonna happen in the existing lanes and to change re -engineer the lanes and the laws would take like 50 years So that’s a total fraud and scam everybody who invested in like driverless vehicles You like you were talking about it and Elon Musk talking about it.
Mike Mann:
That’s all fraud
Eric Cantor:
Well, I mean, the tech is going to be there, right? It’s not as good as it needs to be, but it’s close. But the- They told the-
Mike Mann:
that there’s going to be cars driving around 95 and Federal Highway and doing all this shit. That’s not going to happen. That’s a complete fallacy. And that’s what they were promoting, and that’s what people invested in.
Eric Cantor:
ever gonna happen or you don’t think it’s gonna happen in a time frame that’s reasonable for these investments. It’s never gonna happen.
Mike Mann:
happen on these roads. They might change the roads in 50 years, but on these roads that could never happen, it would never be safe. And the people would never handle it. I mean, it’s ridiculous thought.
Mike Mann:
That’s why I’m just surprised people get sucked into crazy stuff. Again, Bitcoin is a very crazy hyped up thing that doesn’t have proper backing. People believe in all kinds of hype like they voted for candidates that both applied and things like that.
Mike Mann:
So let’s forget that and go back to the history and then because we want to talk about Vincent in a minute. But anything is I have a guy named Vince posting on asking you questions online, but we’ll get to that in a minute.
Mike Mann:
Unless that’s a tag for your for your company.
Eric Cantor:
could be
Mike Mann:
I don’t know. Well, in any case, with respect to the history, so do you remember the first day we met?
Eric Cantor:
I will never forget it. Tell me. You were in Rehoboth Beach, Delaware at the old house on Carolina Street. I think may have been in some, you may have been a little bit tipsy on certain substances. Hard to imagine.
Eric Cantor:
It’s hard to imagine. And you know, we were pretty quickly figured out that we were both into a lot of the same stuff.
Mike Mann:
Well, you had a steal your face sticker on your forerunner. Huh, grateful dead sticker. So it’s like, cool, this guy’s in the club, he’s in.
Eric Cantor:
Well, I think I remember talking more about business, but yes.
Eric Cantor:
Thank you.
Mike Mann:
I’m just saying is that we were in the business club because you had your steel your face on so I can trust you
Eric Cantor:
It’s funny how all the old hippies are now, these all these like high power executives.
Mike Mann:
I was a bad hippie.
Eric Cantor:
I’m sure. I was just saying, I.
Mike Mann:
Well, I mean, just very briefly, is when I look back at my own like hippie history is, I actually hung out with kids that were much older than me when I was like traveling around and hitchhiking. And those were actually the last of the real hippies, the very last ones, because it was already like the eight, the beginning of the eighties.
Mike Mann:
So they were like the youngest hippies who had already aged. The people I was hanging out with much older than me. So I was hanging out with them, which actually made me the actual very last, because I was 10 years younger than them, and they were the last of the hippies.
Mike Mann:
So I kind of trailed along. Now you see there’s all, again, like people, your generation following fish, and the Grateful Dead spinoffs and stuff. It’s like new generations, but I was actually the very, very tail end of the first generation of that stuff.
Mike Mann:
It’s kind of cool.
Eric Cantor:
That was like when it was more authentic, you know, like everything gets derivativeized.
Mike Mann:
That’s what I’m saying. These people I hung out with were the real deal, hippies that lived in vans, cooking vegetarian food on the side of the road, going to concerts and just living on beaches. They were the real deal.
Mike Mann:
That’s who I was hanging out with when I was a teenager a lot.
Eric Cantor:
I think you learned a lot there.
Eric Cantor:
And then, you know, not a lot of those people were then going and starting companies, but it did lay out
Mike Mann:
Right. Well, that was kind of built into my family history and my and my I knew I would be a business I always intended to be a business person and I was just You know, I was a teenager. I was more of a hustle business person I actually back then I sold like Guatemalan trinkets and occasionally t -shirts and little things Crystals that I picked up at flea markets in Arizona and stuff because I traveled around Picked up crap and tried to sell it to various places, but that’s your your
Eric Cantor:
your gift, right? I mean, you are able to talk to people about a vision and sell it, and it can be a trinket or like some vision for a massive business, but like, I’ve seen very few people who can deliver that and get people around the table to like, buy heads and buy in.
Eric Cantor:
Okay.
Mike Mann:
Hopefully you remember my book, where all I bring to the table is win -win deals. Anybody who doesn’t take them is making a mistake. When I went to those stores when I was 15, I was selling them really good quality stuff at a really low price.
Mike Mann:
If they didn’t take it, it was their own issue. The next store would take it because they were getting these beautiful goods that I collected and I was selling it for cheap. It’s the same point here as the companies I own now are providing exceptional value to the customers and to the investors.
Mike Mann:
I’m doing a lot of charity work on the side. It’s a virtuous cycle. That’s all I’ve ever been promoting in my mind. I’m not promoting crappy deals.
Eric Cantor:
not everybody can read your experience and copy it because you have skill that not everybody has, right? And you have to, like every person or leader has to figure out like, what am I actually really good at?
Eric Cantor:
Yeah.
Mike Mann:
I wasn’t tainted by a proper education or any role models or anything like that. So I got to learn the hard way.
Eric Cantor:
Yeah, I mean, I think that that may be helpful in that way, right? Because there’s a problem of, I mean, one thing I think, you know, a lot of things going on in our country right now, but like. People seem to struggle to think for themselves.
Mike Mann:
Well, again, it’s competition. So I don’t have to bother with group think because I never learned it. I was never part of that system, really. So I always was independently educated and met people independently.
Mike Mann:
So I have a different perspective, whether I want to or not, because I don’t even, I’m not part of the traditional system on purpose. So therefore, when I go to compete, you have 10 people that are thinking more similarly to each other and me thinking of things in a different way to compete with them.
Mike Mann:
Like when they go to do domaining, they’re much more conservative and they’re not gonna stay up all night, things like that, things that I’m trained against being conservative, I’m trained against sleeping, so I can compete with the 10 guys that all behave the same, that all went to the same college.
Mike Mann:
And it’s just a theory. Anyway, we’re not even supposed to be talking about me at all. So I’m just all ramped up here on my caffeine.
Eric Cantor:
I need another coffee. I actually have a call in a few minutes, but why don’t we talk about it?
Eric Cantor:
you
Mike Mann:
We got to talk about Vincent. So let me get I’m gonna catch up it for one minute And then you’re gonna talk about Vincent So the catch up is is then I got Eric to work with me a long long time ago We started a company called internet interstate One day we had a flooded bathroom when we were scrubbing the bathroom and we wanted to know I wonder if the owner of PSI net has to do this which was the biggest internet company.
Mike Mann:
So the point is is we did the very raw Work from the beginning a lot of hard work Eric did a lot of great technology work hired a lot of smart people We sold that company internet interstate which was successful He went on to work for a great company called various.
Mike Mann:
So Eric’s been successful successful successful Then he was an investor with me in by domains comm Which was the most successful thing of all And then you know, he went on to do charity work in Africa I don’t know if you have time to talk about that or if you want to just go into Vincent, but
Eric Cantor:
too many years to cover in 30 minutes. Yeah, I mean, we had those businesses and what I really took away from that was, and you showed me this, is like, you don’t have to be the world expert or the person who went to the, you know, whatever the resume or this or that.
Eric Cantor:
If you care about the space and making a difference, you can just come into a business, like us going to the internet business with really no business do or so, but you just, you keep knocking on. Confidence.
Eric Cantor:
Until it works. And I learned that from you. In Africa, I was working with mobile apps and communities where people didn’t have, they’d never been on the internet, they didn’t have electricity in the home, but they had a mobile phone.
Eric Cantor:
Well, what could we do with that? And we were really early on that thread. What that chapter really gave me at four years living in Uganda was thinking about, okay, technology’s cool for like, enabling business making money, but it can also reach and create opportunities for people that would never have otherwise been possible.
Eric Cantor:
And so that’s really the thread that I’ve been on for the last 10 years and what brought me to Vincent. And so, you know, FinTech has kind of been more and more my focus. And the idea of Vincent is that, you know, for many decades, billionaires and hedge funds and pension funds have been investing in not the basic stock and bond portfolios that your advisors will tell you, your index funds will give you, but also these alternative assets on the side, paintings and art, you know, antique cars, real estate deals where you’re getting passive income over a 10 year period, venture funded startups.
Eric Cantor:
And that whole area has really been inaccessible to the average investor, but some tailwinds over the last three or four years have started to open it up. And so the SEC is providing, regulates who can invest and what, has passed more rules about accredited investors and who’s accredited and what opportunities can be given to not accredited investors.
Eric Cantor:
And the JOBS Act, which really passed in 2012, but became functional in 2016, created a much bigger framework for those investors to get involved in these asset classes. In the meantime, you know, tech, the internet, all the stuff that that fateful call from 1998, you know, or 1996, let us in on, you know, is providing more of these opportunities.
Eric Cantor:
And at the same time, we’re in this pandemic where, you know, Steve and Sally, who normally go to the golf club and their friend tells them about this strip mall in Florida they’re developing, like they’re not at the golf club anymore.
Eric Cantor:
So more of this is happening online. So all of this is accelerating these, what we call online investment platforms. There’s more than 200 of these properties where you can go and invest in these different asset classes.
Eric Cantor:
And they’re all doing great. And most of them are, you know, properly, they’re all regulated by the SEC. They’re all, you know, properly filed and have all the protections you’d want. But they’re all very narrowly focused.
Eric Cantor:
So one site is trying to sell investments in collectible baseball cards. Another one is real estate deals in the Southeast United States. And one, well,
Mike Mann:
Let’s just slow you down so people know more what you’re talking about. First of all, when you say they’re all doing great, all these alternative financial markets are that’s a huge boon and they’re all literally doing great.
Eric Cantor:
Well, I mean, I don’t like 200 that have great businesses right now. What I meant to say was that this industry has seen a huge boost from…
Mike Mann:
How does a baseball card company get regulated by the SEC?
Eric Cantor:
So if you want to take people’s money, and if you wanna create any investment, which multiple people participating passively in something is, so like, if I sell you a baseball card, that’s not investment, that’s just…
Mike Mann:
So it’s to invest in the company or is it to invest in the baseball cards? So they’ll have all four.
Eric Cantor:
like this Honest Wagner car is worth $70 ,000. We’re selling shares of it, $2.
Mike Mann:
Right. So there are micro stock offerings almost in assets, in individual assets. So it becomes securitized as a legitimate Wall Streetish asset, and therefore the SEC will cover it.
Eric Cantor:
Yeah, they call it fractional ownership.
Mike Mann:
So there’s 200 of these people that went through that process. How long has that been going on?
Eric Cantor:
So I mean, there have been platforms for the last 10 or 15 years, like Prosper was an early one, but really the JOBS Act opened up this huge space to mainly to allow non -accredited investors to invest as well as created some new different types of offerings that registering a security of the SEC is fairly complex and it’s costly.
Eric Cantor:
This brought down the cost of complexity so that it became worth it to issue a say like a $70 ,000 asset under reggae, one of the exemptions. So it’s happening more and more and you know there’s also all this demand for these assets right, people want this.
Mike Mann:
So what are the most I’m going to get into Vincent in one sec. What are the most popular of those 200 sites or types of assets?
Eric Cantor:
Well, let’s see. If you’re looking for, so secure debt is pretty common. I want to just lend against like a real estate property or a, you know, right. So there’s one site called Yield Street, another one called Cadence, where you can
Mike Mann:
Those are the biggest ones are more traditional type of financial platforms as opposed to baseball cards.
Eric Cantor:
Hold on, let me just check into my stand up here.
Mike Mann:
Actually sounds really cool. And I mean, I’m going to let you get to the details. But I mean, the idea is that you’re aggregating all these things that have already passed SEC regulation. And therefore, people can search them and use them and build tools upon them through your platform instead of going to 200 and growing individual sites with different rules and databases.
Eric Cantor:
Yeah, I think that’s like the phase one of our visions. Hey, let’s bring a little bit of structure to this. So you can search them, you can see who’s doing what, you can get all the updates, like what are the new investments that match my criteria and the things that I would like to get exposure to, and we just send them all to you instead of you having to go track 200 different properties.
Eric Cantor:
But that’s probably just the beginning of the vision because the real value is helping people understand and navigate, right? Because as an investor, yeah, it’s cool that I wanna like find that, you know, shipping deal where I can put $5 ,000 in and get a revenue stream for the next five years, but there’s a lot more help that I need.
Eric Cantor:
I mean, how do I construct a portfolio? How many of these shipping things do I need? What about these venture funds over here? Are they reliable? What about this, you know, where does real estate fit in?
Eric Cantor:
And so like figuring it out, which is the journey that I myself am on and a lot of the people on our team are like also very motivated to figure this out. How do we make the most of this set of opportunities?
Mike Mann:
There are their data tools to review it all, compare it all, build algorithms and an API to where I could build my own tools and study it so I could, again, like I do with domains, build my own tools on top of it, and then invest in the low -hanging fruit that put my filters on and pull stuff out of it.
Eric Cantor:
Yeah, I mean that’s where it’s headed, right? So like, you know, V1 is like, okay, let’s organize it and give you a vocabulary and give you a way to search this like a beautiful e -commerce catalog, not like a, you know, old stodgy finance site, but do that within the realm of like what’s, what regulatory, you know, mandates require and also what, you know, trust requires because not all these things have the same level of like price fairness and likelihood of success in this and that.
Eric Cantor:
So helping people know what they’re getting into without telling them, oh, you should get into this or you should get into that. So that’s kind of phase one, but you’re right. This is where, you know, we see this, like right now, there’s probably $2 billion of investable opportunities on Vincent.
Eric Cantor:
Okay, so that means if you like showed up and you’re like, I’ll take all of it, like you’d have to write a $2 billion check, but, you know, we’re talking about a trillion dollar, you know, 15, or would that be
Mike Mann:
If if Bezos showed up and be like I’m buying the whole thing would that be a good investment?
Eric Cantor:
He’d have some winners and some losers
Mike Mann:
I know that, but I’m just saying in 10 years, would it have been a good investment? I would like to think so. Yes. Maybe you should just wipe it out. $2 billion. That’s like a days of its salary.
Eric Cantor:
when Bezos calls or if you talked in later today and you want to put them in touch.
Mike Mann:
He’s watching me.
Eric Cantor:
We welcome that. Barring that, what we’re really doing is building this community of excited investors who are on the same journey as us. We’re learning, figuring out. And so, in some form or fashion, I actually, a lot of people ask for this, what you’re sort of hinting at, Bezos is like, well, what if you just pick the really good ones and then package them for me, kind of the way that a lot of your viewers probably invest in like index funds, ETFs, et cetera.
Mike Mann:
Yeah.
Eric Cantor:
And I think that is that’s going to be there. It’s just you know, we’re in the Wild West. Do you remember the internet in 1995? vaguely like Just there was a guy over here and he’d throw a modem up and people dial in and maybe he had a connection Maybe our office buddy.
Eric Cantor:
Exactly. So what businesses is in that phase, right? It’s not in the Mature phase where like three companies come in and buy everybody and it all becomes super structured and corporate. It’s in the like Whoa, what’s this new thing over there every week?
Eric Cantor:
There’s a new provider that comes to us and says hey We want to talk to some of your investors about some of the opportunities we have etc. etc So like and you have to judge them and see how they act over time and so it’s It’s emerging and we’re emerging too right the company’s a year old We just launched our site this summer with Vincent comm We’re just putting our first, you know a few thousand investors through like of the process
Mike Mann:
You know what your URL is gonna be?
Eric Cantor:
It’s www .withvincent .com. Win? With Vincent. You’re investing with Vincent. I got you. So Vincent was our inspiration of dollars and cents and incentives and Vin, which is kind of a very truth focus.
Eric Cantor:
One of our values is just like total transparency to our investors. So like Vin there, it’s kind of like a barrier. But so Vincent.
Mike Mann:
It has the expression, incent, like incentive.
Eric Cantor:
Exactly. So dollars and cents and cents.
Mike Mann:
So this dude Vince, I don’t know if he’s a plant or not, but he says what did you what did you want to do when you were little? What were your dreams as a child?
Eric Cantor:
Well, I actually have to confess on live on air, I’ve always wanted to be a doctor. You know, I had a lot of trouble with the virus.
Mike Mann:
I really… You’re an ecologist, no doubt.
Eric Cantor:
No, I was thinking actually more about like a orthopedic surgeon. Now you want to do something where you, you help people, but it’s not like always completely life and death. Like you’re kind of, you’re making big improvements in people’s lives.
Eric Cantor:
Um, and I got, you know, I, this is like, you know, when I was 12, I was like volunteering a hospital. I’m like putting stitches and literally like, I was taking the doctor to let me like do the exams, but stitches.
Eric Cantor:
I put a stitch in a guy when I was 12. Good Lord. And I was fascinated with it and, and I was in the advanced science classes. And then I got to 11th grade and they, I was in the physics class with all the real nerds, you know, the real, like it was probably a college level physics class.
Eric Cantor:
And I was in, I was in 11th grade and somebody pulled me aside and said, Hey, um, you think maybe you could move to the other physics class? And I’m like, look at the, you know, in that room, it was all the jocks and football players and cheerleaders.
Eric Cantor:
And I’m like, but like, yeah, you probably don’t belong in this one. I set back my, my medical career. Um, but yeah, you know, I, I have a, like my mind’s very technical and analytical. So like I tend towards those types of person.
Mike Mann:
game.
Eric Cantor:
Um, not as good as it could be. There, I don’t know if you’re, I don’t know if you, uh, there was a period where I thought maybe I would like try professional poker. I remember that’s why I’m asking you.
Eric Cantor:
I don’t know. I guess just waking up in the morning, you know how it is, like, you got to look in the mirror and be like, am I doing something that’s going to benefit humanity? You know, and it’s fun, but it’s like, you know, it’s a game.
Mike Mann:
Well, my two retirement projects, which will probably never happen, but is learning Spanish and learning poker. I’m in South Florida and everybody speaks Spanish. I’ve always wanted to speak Spanish.
Mike Mann:
And all the cool guys are playing poker. I keep getting invited to poker games. I don’t really care about losing money. I just don’t want to go there and not know how to play. So I can’t go socialize because everybody’s playing poker.
Mike Mann:
Not going to just sit there and watch.
Eric Cantor:
Yeah, I mean, it’s a fun social activity, right?
Mike Mann:
I’m on NFL too. Quite good. If you care. Well, that’s the whole thing. I mean, you know, I like write a book about like winning. So I’m like, I don’t feel like going in the poker table. Like it’s not really caring about the money.
Mike Mann:
I just want to be the best at it. So I’m not ready to do it until I study it. So I know some really great poker players, including yourself. So when I’m ready, I am ready technically, but I haven’t had any time to do it.
Mike Mann:
Actually joined an online poker group, but I didn’t have any time to deal with it. So.
Eric Cantor:
I mean, I’m happy to give you some tips. I think you’ll find it’s a lot like business. It just happens a lot faster. You know, you feel like you’ve got something good. You triple down on it. You feel like something’s not going so well.
Eric Cantor:
You just bail and you cut to the next thing. It’s all about kind of, you know, how hard do you want to believe it and how much you want to get behind it before you find out what’s there or not.
Mike Mann:
Well, that’s, you know, the question is, can I take advantage of those strategic advantages? Like I mentioned in business where I was never trained by any, in any similar manner to anybody else. So when I go to the poker table, I’m going to have a like a clear perspective of the whole thing and plan on winning, you know, somehow I’ll plan on winning.
Mike Mann:
I’ll stay up all night and figure it out. But I need to retire first. I wouldn’t bet against you. You know, it’s like a joke, but if I had, if I only worked eight hours a day, that would be retirement to me because that would leave me lots of extra hours.
Mike Mann:
But you’re already in Florida,
Eric Cantor:
So you’re halfway there. Just get one half way.
Mike Mann:
If it wasn’t freezing, I could go like play on a jet ski or go do something. You play golf? You know, I can’t play golf. I can’t, you know, I can’t do very much, but I can do, I walk a ton at the beach, a jet ski and play drums.
Mike Mann:
Really good at the bar. Where? No, I mean, I don’t know, everything’s crazy. It’s 2020. It’s like a new society, socioeconomic restructuring. We don’t know what things are going to be like when we come out of it, but…
Eric Cantor:
Yeah, you know, the CEO of Delta was on CNBC this morning and he said, yeah, I think people are going to like, you know, there has to be… Did you say Durbastian?
Mike Mann:
What’s that? Mr. Bastion. Ed Bastion.
Eric Cantor:
It was one, they probably have like five CEOs or something.
Mike Mann:
Ed Bastion is the CEO. Yeah, I know. And Abastion lives here in Palm Beach.
Eric Cantor:
Okay, yeah, Brian has one of their homes there, right?
Mike Mann:
So I know they’re actually divorced. Okay, so he said
Eric Cantor:
You know they asked them is business travel going to come back It’s like 12% of what it was last year and he said He said I think this I think people need to be in the same room as each other like it’s gonna come back It always has There’s a lot riding on that question if business doesn’t come back to offices and travel That that would be a economic restructuring like you’ve never thought
Mike Mann:
It’ll definitely come back. It’s just a matter of how long I
Eric Cantor:
Let me think. I think vaccine.
Mike Mann:
It’ll be at 75% pretty soon. And then with the growth of the population and the growth of the economy in a couple years passage, it’ll all fill in. I mean, the coronavirus is going to be gone soon enough.
Mike Mann:
So if people aren’t traveling, it’d be for other reasons like socioeconomic restructuring, making them broke, or people sealing borders for other reasons. But as far as coronavirus isn’t going to be preventing any travel in the future, other stuff might.
Mike Mann:
I think July 2021.
Eric Cantor:
or on the other side.
Mike Mann:
Oh, totally. You know, anyway, the viruses are interesting. What else do you want to tell us about? Vincent, can people invest in you? Do you want them to add you on social media? What else do you want to say?
Eric Cantor:
Yeah, you know, come to our site with Vincent .com, check out some investments, find something you like amazing. If you don’t, tell us what is missing. We’re still on that like rapid building phase. We’re trying to improve both the investor interface as well as like what inventory is available.
Eric Cantor:
And we want to hear from you. Discover Vincent is our Twitter following, which is pretty active. We do a lot of talking about different alternative investments. We’ve got a newsletter called Pulse that if you sign up on our website, you can get every couple of weeks and it just kind of keeps you informed as to what’s going on in the
Eric Cantor:
space.
Mike Mann:
Who are the partners in there? No, he’s not related to Cantor Fitzgerald.
Eric Cantor:
I used to fight them for domain names.
Mike Mann:
Does anybody ever think you’re a former Senator Eric Canner?
Eric Cantor:
I used to get his voicemails in DC asking for tickets to different events and whatnot.
Mike Mann:
I just got an email like two days ago from the newspaper, The Independent, which is a big newspaper in England. And the lady’s the climate reporter, so she sent me an email says, hey, Dr. Mann, you know, I need your, um, I need your opinion for a piece I’m doing related to the Paris Climate Accords because there’s this big climate scientist guy who got busted for faking all his data called Dr.
Mike Mann:
Michael Mann. Don’t ask me why they still rely on him, but so in any case, I gave her a very scholarly answer. Hopefully I’m getting published, but not sure if I, not sure if I pulled it off or not. First, I studied the Paris Climate Accord then I wrote a response.
Eric Cantor:
Yeah, I was want to do something like that. Well Michael man the director
Eric Cantor:
director is like rather be than the well when I
Mike Mann:
I lived in LA, they did once in a while confuse me for him, not so much confuse me, but at the restaurants they’re just like, they weren’t sure. They’re like, they didn’t know what he looked like, you know.
Mike Mann:
You were wondering why I always got that question.
Eric Cantor:
the best table at the restaurant.
Mike Mann:
No, well, literally you could tell when the people were kissing your ass. It didn’t happen that often, but once in a while, because most people in LA know what he actually looks like and know he’s older than me, but other people just know his name in LA.
Mike Mann:
Everybody in LA knows his name because he’s one of the most famous directors in LA. So definitely on occasion, they’re like wondering if I’m the dude and giving me like better tables and stuff for sure.
Mike Mann:
Once in a while they’d ask you, but it’d be like, no, I’m an internet guy. I have nothing to do with it.
Eric Cantor:
My brother -in -law once had a guy come in his restaurant. He said, oh, he has a few restaurants in Soho. And he said, oh, that’s Eli Manning. Oh my gosh, give him the best table. So he’s hooking this guy up all night long.
Eric Cantor:
And then his like wine steward or something. He was looking at the guy. He’s like, I don’t think he can. He goes over to the guy. He’s like, you’re not Eli. He’s like, no. He’s like, why don’t you say anything?
Eric Cantor:
He’s like, I don’t know. You were like, give me the best table hooking me up. I just like-
Mike Mann:
No, well, that literally happened to me several times in LA. The other thing that’s funny in LA, though, I was always sitting next to these famous people in these nice restaurants. And you could tell they’re famous just by looking at them, like literally.
Mike Mann:
And then all the waiters and all the other people are like, oh my god, blah, blah, blah, blah. But I know the least about movies of anybody on Earth and TV shows. So I basically hardly ever knew who these people were.
Mike Mann:
But if I was with the right people or I’d asked the waiter, I’m like, who the hell is this guy? And then I’d Google them. But we were always around famous people there. It was kind of cool.
Eric Cantor:
Yeah, that happens in New York all the time. My wife’s like, oh my God, you know how it is? I’m like, no. Oh, it’s good one. So I’m like, okay, who’s the next one?
Eric Cantor:
Thank you.
Mike Mann:
I mean, I’m more likely to recognize like the manager of an internet company than a famous star from Hollywood, but
Eric Cantor:
It’s good, you know, you got to stand your own world, right? You can’t be distracted by everybody’s success.
Mike Mann:
But I saw a Kramer from a Seinfeld in the Santa Monica Mall. That was pretty cool And then I’m forgetting that one girl’s name. She was like the blonde lawyer like
Eric Cantor:
Reese Witherspoon.
Mike Mann:
That one. Yeah, I sat right next to her in the Oyster House on Ocean Avenue. That was really cool.
Eric Cantor:
She seems like she’d be nice.
Mike Mann:
I didn’t talk to her, but she looked perfectly nice. I don’t know. She liked good food. Santa Monica is the coolest place. Anyway, what else do you want to tell us?
Eric Cantor:
I would just say, you know, stay safe, stay healthy, stay happy. I mean, it’s obviously been an interesting few months out there. And it looks like we are really close to getting this thing wrapped up.
Eric Cantor:
So hopefully people are taking care of themselves and making it through the next few months. And, you know, I do, I’m pretty bullish on where things are going to head.
Mike Mann:
Here’s my final question from Mark Hofmeister. Can we put domain names in the Vincent platform?
Eric Cantor:
So I like the question and people are looking for very exotic. We think there’s going to be a long tail of investable assets. We would need something investable, right? Like a regulated offering where someone says…
Mike Mann:
What if I did a reverse merger of domain market into a shell, like a small paper shell, like not a non -listed shell? Would that qualify for SEC coverage?
Eric Cantor:
Yeah, but you’d be publicly traded. So you’d be, I mean, we refer and talk about publicly traded stuff, but you don’t need us to find.
Mike Mann:
Well, how would I get SCC regulated without going public?
Eric Cantor:
So the reverse merger is you basically take a vehicle that’s already a vehicle.
Mike Mann:
But what else can I do? What could I do?
Eric Cantor:
So there are various regulatory exemptions for raising money without having to register the SEC. So like Reg A, right now you can raise up to $50 million, and it’s moving up to 75 early next year. You can include unaccredited investors, and you have to go through certain hoops that are specified in Reg A.
Eric Cantor:
So if you had a Reg A offering,
Mike Mann:
I could create a reggae offering if I went through the proper procedures with domain market. And then conceptually Vincent might want to follow me.
Eric Cantor:
Totally and there there are gonna do that. You can do that on your own like you can Independently do all the compliance. What’s more common is that you go to one of the you know 50 platforms that we work with and they would Do all the compliance underwriting Marketing etc.
Eric Cantor:
So you it’s almost like you’re pitching them as an investor But instead of them one decision -making committee writing a check or not. It’s their two million
Mike Mann:
all you about that because that’s really the issue. These, the best .com names are incredibly great investments if they’re priced right, which is what domain market is providing. The world’s best .com domain names generic, they’re usable and tradable, they keep going up in value and they just don’t have any coverage, you know, they’re illiquid.
Mike Mann:
So we need to step through phases of liquidity to get people to search them and see them and understand how to appraise them and transact. They’re very easy to buy and transfer. You obviously know a lot about it, but in any case, I’m gonna take this offline and do this with you in the near future.
Mike Mann:
Anybody who’s gonna.
Eric Cantor:
business like that, there are increasing opportunities to raise from the crowd. Just keep in mind, and a business like that’s very compelling, right? Because when people can understand the product, and then maybe they use the product, they’re much more likely to think about that as an investment versus B2B security software company, they don’t understand.
Eric Cantor:
However, it’s not a while it’s much less hassle than a registered offering in the SBC, like these exemptions are not zero work, right? You do have to go to the platform and pitch them and show them your financials and fill out these forms.
Eric Cantor:
It’s not a, you know, there is effort involved.
Mike Mann:
I know, but that’s good. That’ll leave my competitors behind. That’s the object.
Eric Cantor:
Yeah, no, I think it’s manageable, and I think that product is interesting to people.
Mike Mann:
Yeah, very nice. What else do you want to say? Thank you. Cool, buddy. Well, I really appreciate you coming on. This was a great session. Everything, really, the family history, your current business, and different background.
Mike Mann:
We touched on a lot of things I wasn’t intending to touch on. So this is an awesome recording for our family and our family history and our kids to watch forever and ever. And very excited, and I appreciate it.
Eric Cantor:
I’m hustling and I know you are. It’s great to see you catch up and keep me posted on everything and good luck to everybody in your audience.
Mike Mann:
Cool, buddy. You too. Talk to you soon. Take care. All right. Thank you. I’m going to do live domain name training now. Sorry, it took so long. I’ll do a short session since I took so long with the interview.
Mike Mann:
I’m glad I didn’t schedule a second interview because I knew Eric and I had a lot to talk about. I don’t know if people realize that’s my stepbrother before I started interviewing him. In any event, I’m going to see if you guys put any good domains to appraise.
Mike Mann:
If you haven’t, if you have some great domains to appraise, put them on there. If you don’t, I’m going to put some from my own list on there. And then we’re going to call it a day. Wish I could go to the beach, but I think it’s still too cold.
Mike Mann:
So I’m going to give you guys a break and work. OK, so let me look at the list. We’re going to share my screen. And I’m going to do some domain appraising. Really appreciate you guys attending. And hopefully you watched Eric.
Mike Mann:
That was one of the best interviews I’ve ever done, just because he has such a rich history and he knows so much stuff. It was really cool. So just give me one sec here. We’re going to be in good shape.
Mike Mann:
OK, hopefully you guys see my Google screen here. And I’m going to grab some domains off of here. Keypincodes .com. OK, let’s see what that guy means. Thank you. So again, the first thing is to figure out what it means.
Mike Mann:
The next thing is to figure out the breadth. And the next thing is to figure out the depth. What does it mean? How many people could conceptually need it? And what is the potential value to that top most wealthy person among the people that might need it, among the companies that might need it?
Mike Mann:
So here we have key pin codes. So this relates to people’s cars, their electronic key systems. Key pin codes. Not really sure what you do with them, but that’s great. Maybe it’s so you don’t have to pay the dealer to get new keys.
Mike Mann:
Or maybe it’s the dealer buys them. Something like that. It actually looks pretty cool. Presumably this is the right name for it. So there really aren’t very many hits. So people don’t use that word very much.
Mike Mann:
And it’s a specialty thing. Maybe there’s other ways of saying it, which I don’t know. Again, I don’t have enough time in this broadcast to do the real research I would do to appraise this domain. So I do it quickly in Google.
Mike Mann:
I have a ton of tools and I have people to help me to get more precise appraisals here. I’m doing it really quick and I’m doing it in a manner that you can replicate so you can appraise your own domains.
Mike Mann:
So anyway, this is actually a cool name. It means stuff to people. It doesn’t have a lot of hits. So the breadth isn’t very broad, but the depth is pretty good because these are car companies. So some of these people are wealthy.
Mike Mann:
Some of these are millionaires with sites. Not that they’re going to pay a ton for a domain name, but it gives it a market value. We just don’t know what it is. This one’s kind of hard to appraise. So we’re doing a lot of guessing here.
Mike Mann:
But carkeypincodes .com. Actually, I spelled it wrong. It’s just key pin codes. But car key pin codes might even be better. So the issue there is that there’s too many other potential ways of saying it.
Mike Mann:
It’s a long word. A lot of people don’t know what it means. It doesn’t have a lot of breadth, but it does have decent depth and therefore worth 4 ,000 bucks. Okay, we’re going to do another one. Thank you very much for that one.
Mike Mann:
What else you guys got going on here? Self -drive tour bus, ex foodies. Wonder what that means. I guess we’re going to figure out what exfoodies .com means if anything, got this other crazy one, Kukar for you.
Mike Mann:
Guess I’ll check that out. Okay. Kukar for you. I’m guessing zero, but sometimes I fool myself. Okay, Kukar is a cooker, I guess. Kukar cooker. No results. Did I spell that guy right? I did spell it right.
Mike Mann:
Well, it’s not worth anything. Too weird. It’s just a domain for sale. No deal, worth zero. All right, just give me good domains. I don’t wanna appraise weird stuff. X foodies sounds a little weird, but we’re gonna go for it anyway.
Mike Mann:
You guys aren’t giving me a lot to go with here. I’m gonna pull some off my list. X foodies, so again, what does it mean if anything? It doesn’t mean anything, it’s not worth anything. Betting that it’ll mean something in the future would be a very risky bet.
Mike Mann:
This isn’t the right number of results, most likely 26. Sometimes Google messes with you, thinks you’re a spammer and purposely isn’t giving you the right results. Sometimes it says you’re a robot and you have to fill in forms or captures or whatever.
Mike Mann:
It’s a really annoying app. It’d be nice if they had competitors, but they’re a monopoly. X foodies, so again, I have to click down here to see the real results. Again, this is just another one that’s just a domain.
Mike Mann:
It doesn’t really mean anything. You see this X foodie thing here, X foodies. There’s a couple little things, but it could be from the owner. It’s just X foodie is a thing. So X foodies would be the plural, but X foodie isn’t that exciting.
Mike Mann:
So again, what does it mean? Nothing really, there’s maybe a blog or a site somewhere about it, but it doesn’t mean anything naturally in the lexicon. And the breadth is zero and the depth is very light.
Mike Mann:
So it’s not worth anything. X foodies .com, give me better domains, 500 bucks. Hot PK offers, that sounds pretty bad too. Come on guys, hopefully you own some better stuff. Michael has something. Okay, here’s Mark has some things.
Mike Mann:
Rock the yacht, that’s pretty good. Good job, we’re gonna do Mark’s for a moment. And Otar always has some. Okay, we’re gonna do Mark’s and Otar’s for a couple minutes and let you guys go most likely.
Mike Mann:
Otar, I think you have a typo on one of yours, hopefully. Hopefully. Okay, where’d Mark go? I’m really sorry, rocktheyacht .com, I like that one because Rock the Boat is a popular thing. It’s a charity of my friend Ari Baim works with, but it also means a lot of things to a lot of people.
Mike Mann:
So Rock the Yacht is probably a really cool party. I like that domain, I want that domain. There you go, Rock the Yacht, we’re in business. So it’s one that isn’t obviously great, but if you read into it, you’ll find it actually is.
Mike Mann:
It’s a little bit long, the word yacht is a tiny bit hard to spell. It doesn’t necessarily mean anything unless you dig into it as a relation to Rock the Boat, which is a popular expression, but yachts are better than boats.
Mike Mann:
So therefore, it’s conceptually a better expression for branding purposes. It’s an aside, but it’s a value added aside. So here we are, Rock the Yacht cruises. People who sell cruises make a lot of money.
Mike Mann:
Two hour cruise, two hour cruise, two hour cruise. So basically there’s a bunch of cruise companies that are gonna compete for this name. It’s a great, great name. Rock the Yacht, Rock the Yacht, Rock the Yacht, these are all millionaires and billionaires throwing huge parties, so this is awesome.
Mike Mann:
These are the names I like that don’t cost very much, but turn out to be worth a lot of money. That’s how I make a living, finding things like this, buying them for cheap and selling them for a lot. That one is worth a lot, rocktheyacht .com.
Mike Mann:
Let’s just review the situation here. We know what it means. It’s forever would be the name of a killer yacht party for billionaires, can’t beat that. I wanna be invited. I play rock and roll, I can be with the band.
Mike Mann:
And the breadth is any yacht company or aspiring yacht company, so it’s very wide breadth. And the depth is it’s super cool, awesome domain so they have to pay up or else they can’t have it. So rocktheyacht .com is worth 40 ,000 bucks.
Mike Mann:
Great job. That’s, again, the kind I like. You could buy them for cheap and sell them for a lot. They might be hard to sell. You might have to hold on to it for 10 years, but then you’ll have something for your bank in 10 years.
Mike Mann:
So that was awesome. Rakthiyad, I’ll do a few more since this is a long day of live stream. Self -drive tour bus. That sounds dangerous. Let’s check it out. I know my last segment, we were just talking about the veracity of these self -driving vehicles, which isn’t realistic.
Mike Mann:
Self -drive tour bus sounds insanely unsafe. Here they are, but let’s hope they’re not real. There really aren’t that many hits there. Let’s look up, see if they use this expression. And nobody uses this expression because there’s no such thing as a self -drive tour bus.
Mike Mann:
People invented the word for their blog or whatever, but there’s just no such thing. I mean, it’s a crazy idea. And people will talk more about them in the future, but they’ll probably never really exist.
Mike Mann:
Again, self -driving vehicles are never gonna go on normal roads. They would have to re -engineer the roads in order to support them. So therefore, all these people raising funds, including these Fortune 500 companies related to self -driving vehicles is entirely fraudulent.
Mike Mann:
So anyway, where was that self -driving tour bus? Self, I didn’t realize that I could put your thing on the screen until today. And I learned by accident. Self -drive tour bus isn’t really worth anything because of the reasons I mentioned.
Mike Mann:
It sounded cool though. Let’s see, the fractional .com from Hal, that sounds pretty cool. So what does the fractional mean? I mean, we know it’s a math thing conceptually, but we’re not gonna make any money selling math stuff.
Mike Mann:
The fractional equivalent, the fractional part, no brands, no businesses, no logos, no slogans, not the site of any trucks, not on any airplane, or any other kind of stuff. It’s flying around, promoting stuff, but there is the fractional group, so that’s good.
Mike Mann:
Fractional CMO, in the word fractional without the before it would be more valuable. The fractional CMO, Chief Marketing Officer, looks like that’s the most popular expression. Yeah, rise of the fractional CMO.
Mike Mann:
So that’s somebody, again, I could hire somebody to be a Chief Marketing Officer of one of my companies in an outsourced basis, and they could have several other clients, that would be a fractional CMO.
Mike Mann:
You pay them part -time if you can’t afford them, they take on other clients, sort of like your lawyer and your accountant, most likely, and other outsourcing. But as far as the domain goes, we know sort of what it means, but it’s not a specific term, which is a very bad, it’s not an existing brand, it’s barely brandable at all, doesn’t sound that cool.
Mike Mann:
It’s a little long, in the word fraction, or the fraction, or fractions, whatever, would sound cooler. And if this was specific to something, that would be great, but it’s not specific to anything, so the object would be to sound cool if you’re starting a new company.
Mike Mann:
So this doesn’t really mean that much, and at the same time, it doesn’t sound cool. It’s relatively easy to spell, but it’s a long word. So again, it doesn’t really mean anything. The breadth is zero, and the depth is zero.
Mike Mann:
So we’re screwed here. Sounded cool, it’s starting off. I was hoping I’d discover something cool. Okay, I’m gonna do one or two more, and thank you guys so much. Thank you. I’m gonna grab from this other list over here.
Mike Mann:
Thank you. Okay, let’s try universal cell charger. It’s a very long expression. Universal cell charger. Well, that actually has a lot of hits, 146 ,000. That’s good news, universal cell charger. So that means it charges multiple different types of cell phones, maybe that’s the type I have.
Mike Mann:
Let’s see what it looks like. No, actually, mine doesn’t look anything like that. Maybe this is something else. Well, this looks really cool actually, because there’s 100 or more different products that use that expression.
Mike Mann:
And there are all kinds of different products, and some of these are very, I mean, to build products like this, you have to be a multi -million dollar company, if not a billion dollar company. So that means the conceptual buyer would have a lot of money, but it’s a long word, it’s three words.
Mike Mann:
Could be universal cell phone chargers, cell chargers, cell charger, phone chargers, all sorts of different ways of saying this. This might be the best way of saying it, however. It’s very long, but that’s because it’s so precise and descriptive.
Mike Mann:
Barely know what it means, but it does mean something. I mean, we can see this, I guess you just pull out your battery, I’m used to just putting my phone on top of something and charging it, or plugging in one of these USBs, so these other devices I’m not so familiar with.
Mike Mann:
But it looks really cool though, and the people are really using this expression a lot, but see, this is universal mobile cell phone charger. So again, there’s a lot of other words you could play with.
Mike Mann:
If there’s three words here, then there’s many different derivatives. If there’s two words, there’s fewer derivatives, there’s one word, there’s hardly any derivatives. There’s a couple. So anyway, this is a really cool expression.
Mike Mann:
So let’s just think for a second here. We know sort of what it means here. It’s an important component to telephones, electronics. It’s an accessory, and there’s all sorts of different models. They might make millions of bucks.
Mike Mann:
So the breadth is 100 companies, all these people could conceptually be buyers of it. So that’s good, it has a lot of breadth. It doesn’t have a ton of depth because there’s too many other ways of saying it.
Mike Mann:
So we’re gonna go with 5 ,000 bucks. So I wanna thank you guys so much for being here for this broadcast. I had a great time. Eric did an incredible job, and his whole story is amazing. So I hope you guys will come back again soon, and thanks again for everything.
Mike Mann:
All the best.
