“In the sharing economy, if you don’t give, you don’t get. We are sharing our research because we want to be part of the communities that are doing the research. We get so much back from them.”
Cathie Wood is a legendary investor and most recently founder of ARK Invest. ARK is focused on disruptive innovation that can identify large scale public market investment opportunities centered around DNA sequencing, robotics, AI, energy storage and blockchain technology.
For years, technologies like DNA sequencing were too costly and time-intensive to warrant real investment. Investors did not own enough in the innovation markets because up until recently, the advancement of technology had not reached viable investment levels. Also, there was not enough research to build on, so ARK set out to create an open research ecosystem, making it the first sharing economy company in the asset management space. “In the sharing economy, if you don’t give, you don’t get. We are sharing our research because we want to be part of the communities that are doing the research. We get so much back from them.”
An open research ecosystem creates a collaborative environment where researchers and investors can get quicker crowd-sourced feedback. This is vital in making necessary corrections or pivots early on. “In the world of exponential growth, if you make an incorrect assumption early on and you carry it on too long, you’ll make an exponential mistake.”
LISTEN AND SUBSCRIBE
SPEAKER
Cathie Wood
Founder & CEO
ARK investment Management
MODERATOR
Anthony Scaramucci
Founder & Managing Partner
SkyBridge