This leads to a large number of new services specifically related to brokerage services for the younger generation, such as Robinhood, Public.com, and other similar services, becoming the fastest growing services on the planet.
If you look at them from the perspective of traditional financial institutions, they look very strange. Their economic models look strange, and indicators like those of traditional brokerage services are not the same. But investors understand that these guys are revolutionizing the industry. And what they build in 20 years will be used by every teenager. In 20 years, it will not only be the people who exist now, but 2-3 billion more people who are entering the new economy from developing countries. And together this creates a boiling pot of opportunities in terms of financial services that build this economy. From NFTs to brokerage accounts, and everything in between that is needed for the younger generation.
We have defined this configuration of the future, analyzing from the perspective of financial services: which directions must inevitably appear in the economy for this future to happen. Then we found all the leaders in these segments, talked to everyone and invested in those who, as we believe, are more likely to move in this direction. Thus, we have been making these investments for several years, and they are showing very good results.
For example, we invested in SpaceX with the same philosophy long before they became mainstream. Now all our investors want to invest in SpaceX. The same story was with Kraken, the crypto exchange, which, according to a completely predictable scenario with a clear motivation, grew, but nevertheless the market, looking at their historical indicators, undervalued the company significantly.
We increased our investments by 5 times in a year. Thus, we already have more than a billion dollars under management and about 1,500 investors who participate in syndicates with us. We set a target in which we want to invest, create a syndicate for it, like a Belovezhskaya Pushcha company, an investor enters it, and we get the opportunity to compete with leading venture capital funds in Silicon Valley with just one check. Through this, we gain access to interesting deals.