How Much Money Does a Hedge Fund Startup Need?

June 1 -- Patrick McCurdy, head of capital introduction at Wells Fargo Prime Services, explains how small hedge funds go about raising capital and how much money is needed to start a fund. He speaks on “Market Makers.”
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[@LamboWhale]

Both interviewers are so immature, interrupting him over stupid comments, annoying body language, just smh

[@mr_icyn]

It’s obvious bait. Trying to bait a specific answer from him. It’s easy to say “the big gets bigger” just to engineer the conversation & people’s opinion.. but the respondent is clearly offering extra information… and he’s right

[@oliverturner5334]

the lady uses guys to refer to all hedge fund starters and then raises issue when her make colleague does the same

[@koios3]

She is so unprofessional and irritating

[@JordanResendizyo]

does anyone else feel the shade bouncing back and forth?

[@mastershredder2002]

One woman and a Bloomberg terminal? LOL. If she was that one woman, "aaaand it's gone" would be exactly what happens.

[@archiej6386]

Southpark lol

[@DengueBurger]

Not really, just do something easy like selling options on SPY

[@peppercorn4196]

losing a billion dollar capital is a death sentence 🤣

[@sbtopjosh]

She's annoying to the point that he had to think if he should shake her hand lol

[@claytoneden8956]

Instablaster

[@Gonthor1000]

He pauses and just looks at her hand hahah

[@atindrasaha9242]

Its actually correct. Trust issues will always be there in new hedge funds

[@alanwaskiewicz2905]

unless they have a great ROI

[@koonerd321]

Guest was a cool dood sharp dood well-spoken

[@friedpickles7924]

3:20 Why do her arms want to go and hide behind her head?

[@billmcfads2128]

fried pickles she’s stupid af

[@kurtlatchman]

Power pose. Love her. BSD in media. Gotta get real w these guys and put them in their place otherwise they walk and talk all over you

[@NobaDyKnowZ]

@@kurtlatchman hahaha wtf are you talking about... just stfu

[@Hunterishunting]

They cut him off, asking subjective emotionally backed questions

[@glennhoddle10]

5:22 Pretty much sums up what he thought of her when he *hesitated to shake hands* with that *clueless, annoying clown*

[@wjun0131]

Lol never thought I would see Hedge fund and startup bundled together.

[@cocunitedindians4715]

P 🔥

[@cocunitedindians4715]

👍👍

[@cocunitedindians4715]

😎 you 😎

[@markcrisp07]

You know it is flooded when this happens.

[@Jeric-gq7pr]

She's talking how mouth off with her hands on her head or crossed arms, interrupting the interviewee. Fire her. Useless

[@pajeetsingh]

Easy with your misogyny, homophobia, islamophobia, sexism, philantrophy, bigotry, white supremacy, racism, anti-semitism, anti-climate change, anti-federal reserve, coronavirus, etc etc

[@bluedawnman]

the anchors kept interrupting the guest, you could see that in his eyes!

[@FrostyFlameTV]

People are shitting on the woman but she was voicing legitimate concerns. There are reasonable questions to be asked regarding the growing institutionalization/centralization of the hedge fund industry. It’s not as easy for new fund managers to scale as it was several years ago.

[@alexboone9114]

He didn't want to shake her hand, and he shouldn't have.

[@shyF0x]

alex boone why? she was great! they all were really.

[@LureScape]

shyF0x To be fair, she literally equated the selling of securities to selling your soul. Considering that's kind of this guy's profession, it makes sense that he would take offense to remarks like that.

[@shyF0x]

LureScape selling the soul was raising capital by partnering with a big boy, but maybe you're right. I still stand by that she and the guys were great in this vid.

[@LureScape]

shyF0x Yeah I think it was a great discussion. Sad this video only has a few thousand views :/ Maybe if more of our society was interested in educating themselves about the world and how the country operates then we wouldn't be where we are now socially

[@Atombender]

alex boone I think he was a bit surprised that some interviewer actually offered a handshake, which doesn't seem to happen often.

[@driven39]

Steve Cohen is one of the best and he started with a couple million ...

[@GjoniClan]

20 millions of his own money ....

[@bekreto]

HE MAKE IT FROM INSIDER TRADING

[@WARDZ]

@@bekreto lol wat , you clearly no nothing

[@rahulthukaram]

@@bekreto it was not him but one of him pm's that got caught

[@stancurry6265]

He did, But in a completely different time though, all about circumstance

[@BackwardshturT]

I legit thought this was the onion and a parody until about two minutes in...

[@badschmoozer1380]

Capacity challenges are a very real head wind that is the enemy of capital gains. Of course most "institutional" capital allocators have 0 clue. Literally empty suits. Daily I see the prices the assumed "smart money" pays, truly comedic.

[@caseylee2739]

I’m gonna save this to my “Funny” playlist

[@angelyanes3484]

When they say investors they are not even thinking about your employee exaggerated over-inflated salary for talking nonsense and interrupting the guests. These businesses are complex in nature and basically consist of taking all money from non-institutional investors like the interviewer and relocate to the institutional investor's portfolio. The biggest profits are in the second market speculation area.

[@capn2k620]

She's not annoying, she's just being realistic

[@Eline_Meijer]

she is very annoying

[@vedantkale1163]

"Or one woman and a bloomberg" says the woman . . . . "Or one gay and a bloomberg" says the gay . . . . "Or one transgender and a bloomberg" says the trans . . . . "You are all fired" says the male

[@DontTestTheX]

Predominantly sales & marketing then. Like most things.

[@lemontea9735]

Does anyone know the name of the news anchor lady

[@seancullen99]

The books are yet to be written and the final losses yet to be tallied on how much a significant number of major hedge funds have cost the US economy since mid Feb 2020 because quietly and in the background, they have been bailed out en masse by a government that deemed them too big to fail. Why? They leveraged long and aggressively on a market they thought couldn't fail, and now we are paying for their gambling as we always do. And make no mistake, it was pure gambling, with multiple 10s of leverage with money they did not have, which was in the end through taxation, your money.

[@BaNuj]

Can you specify which market you think off?

[@S.Mansour-j6q]

Thats why islamic funds are bettter they don’t gamble look it up

[@yukidejesus1956]

One woman and a Bloomberg?? ... cringe af..

[@Treasurekitchen124]

I am really happy. I received a grant of $56,000

[@yasinnabi]

Success is only defined when your are doing your best to grow and learn new things... By the way thanks for the uploads. a fellow creator//

[@peaton7385]

Flipping paper like burgers, and making duckets from the suckers.

[@c0p13dn4m3]

+Peaton Sure buddy. Just like flipping burgers. Why exactly aren't you a billionaire yet?

[@forever_golfer1981]

That’s what they’re getting, the red carpet treatment to be blessed with the opportunity to manage other people’s money.

[@cowboydelnorte3078]

These hedge funds guys are the guys that Daniel Craig beats in his 007 movies

[@ReptileRaptureRR]

Interviewers were fighting for attention the whole time. Guest barely got a few thoughts out.

[@oye4511]

Hedge funds shows how broken is the political and social state...how sone can run a goverment under that circumstances is a question...

[@guangfang9961]

crazy attention seekers. i advise anyone getting involve to seek some professional guidance. you cant do it all alone to avoid sad stories.

[@investorwest8735]

wow brilliant. beast advise

[@richardwahl4354]

very well tracy . i was advise months ago and took a step to seek for guidance and i never regretted it. i cope trade from Juliana Gunawan Lee. she is license and a portfolio manager. i have learnt alot from her.

[@davidhudson3001]

i found her on the web and i have drop a message. she seems to have alot of experience. i hope she can help me.

[@MemeBay1]

2:16 yeah, to clean the Bloomberg terminal

[@InJusticeAustralia]

“…. Sell your soul…” said it all.

[@alfredojaramilloarmenta5241]

That hesitation to shake her hand at the end

[@JackBensley]

Can someone explain what happened with prop trading

[@stancurry6265]

Jaceus 777 after 2008, they banned just about all of the banks prop trading desks with the Dodd frank/ volcker regs. The banks had basically become massive hedge funds in the 2000s rather than a "financial service outfit"and that attributed to their demise. I think Morgan's revenue/profits in 2006-2007 was like 70 percent from the trading units. So now that that is banned there is no more talent pool of star money managers for funds to pull from anymore

[@OldHickory1828]

@@stancurry6265 that's interesting. Where did those people end up going? Surely there was another opportunity.

[@stancurry6265]

Old Hickory I’m not sure there’s a singular answer for that one, the younger guys or major stars moved over to or started hedge funds, or adapted to new quant fund type strategies etc, a lot of the older guys and upper management guys or just the guys in general that didn’t want to conform to the post crash Wall Street world and already had made plenty of money just retired early I think, probably just manage their own small fortunes, maybe take some part time “consultant” gig from some fund from their various connections, etc

[@OldHickory1828]

@@stancurry6265 ok very interesting. I was only curious because I want to go into the finance industry. Thanks for responding to a 7 month old comment. You're the MVP, man!

[@xxxxxGhostBoyxxxxx]

Congratulations, she plays the 'bitch' role perfectly.

[@mlester6552]

Plays? It's sincere.

[@kevins6405]

This is why women got discriminated all the time, they play bitch because they want to be looks smart and masculine like men, which they will never be

[@incipidsigninsetup]

She's not bitchy she just likes to push past the double speak b.s. and get to the heart of the truth. A tough, knowledgeable woman who has no time for bs would seem like a bitch to weak insecure men.

[@fr0stmourn3]

I think she's funny and refreshing that joke about two women and bloomberg was funny but they thought she was serious.

[@ryanmitch1452]

She is unbearable, clear lack of knowledge and listens to none of his points, just continues to come up with unintillegent retaliation questions and when he tries to answer it she immediately hits him with another. Absolutely terrible, she should not be involved with discussions like these

[@Binaryhack3r_at_Protonmail_Com]

You sound sexist mate.

[@MrPrush-ji4gs]

Hedge fund start up needs $1,000,000 to start, obviously...

[@halse8280]

well they kind of beat it out of him,great info.

[@kaseyp8621]

Get her back in the kitchen

[@americanbobtail1]

Dude, would you want her in your kitchen....

[@lowkeybeams5663]

Two guys and a Bloomberg sounds like a weird sitcom

[@BlackLyondreamworks]

lol you guys are somkething else she wasnt that bad, you just didn like her body language, wow such cynical people on youtube

[@schrodingerscat3912]

what's with this hating the women here? she didn't really say or do anything offensive

[@barthwalabhishek]

Schrodinger's Cat true

[@rubenmendez1641]

She's sexist and women don't belong in finance

[@kevclare]

Who is that women think she might have been sacked from Bloomberg.

[@digitalmarketingforever]

Good info.

[@owenwalker1774]

I like the guy they are interviewing but the interviewers need to shut up and not interupt.

[@cristianius5525]

So I can create on with 5k. interesting

[@robbieparis07]

Newbie question... how do hedge funds benefit society? Thanks in advance!

[@MS-il3ht]

Robbie Paris they‘re making money for the rich. Making money out out of money, leading to some indirect forms of inflation, seems to necessarily mean that you‘re making a profit from poor people having to pay more for everything. Am I wrong?

[@robbieparis07]

@Abitamim Bharmal Actors and singers provide entertainment. What a strange comparison. It seems like hedge funds basically just take from the economy.

[@Redolentleek]

Hedge funds are wealth managers just like wealth management firms/investment banks etc. If you are qualified based on their select criteria they help manage your money by growing it through a number of investment strategies. They're basically just active fund managers but their clientele is super wealthy. Also they differ from standard wealth management offices in terms of risk appetite. Hedge funds risk appetite is typically higher than your standard wealth management Office. They deliver value to their clients by growing their money based on taking higher risk for higher reward investments. Its just a bit spooky because they don't have to show you too much detail or explain their strategy, you just have to look at their track record and trust them. I know this partly because I took an experience in a wealth management Office.

[@robbieparis07]

@@Redolentleek so, they do not add any value to society it seems. thanks!

[@mohamedabdou9660]

@@robbieparis07 Imagine there is a guy called "Elon Musk" who want to create an electric car company, he need millions of dollars to start. where he gets the money ? from hedge funds, they take % from his company in return they give him money. Without hedge funds there is no economy.

[@jaz6051]

Any of my apes here from AMC & GME?

[@andrewjenery1783]

I'm new to this... Why would investors that already have considerable amounts of money, or assets, want to use a hedge fund when they obviously already know how to make money themselves?

[@saadoa4969]

diversification. Hedge fund performance is meant to be uncorrelated to markets/economy.

[@andrewjenery1783]

@@saadoa4969 But by getting investors, a hedge fund becomes a market in and of itself, and how can a hedge fund be uncorrelated to markets when it depends on them?

[@BaNuj]

@@andrewjenery1783 fugazzi.

[@andrewjenery1783]

@@BaNuj An American music band in the 80s according to a certain wiki, but what's that got to do with this?

[@thorsvenson3530]

Is that a rhetorical question? As much money as possible to raise. I'll take $100 Billion for my "start up", thank you.

[@luisamaury4644]

4:28 well ummm lol, he sounds constipated lmao lol

[@rajneeshDBA]

Once give a break

[@bonze9347]

I love how that bitch is shaking his hand at the end and then wipes of his sweat so damn subtle, haha

[@sutats]

3 fiddy

[@vladislavsdenham7642]

And this is in my recommendations why?

[@markcrisp07]

Pedigree is not important .. Lool..m

[@GRC_Lexxlr8]

His face says it all... you need half a bill..

[@youngblackbrucewayne2779]

Lol people are mad wish they can have their "Crooked Scumbag" bank account lol. I love this world that's why this world is going down day by day

[@fjhilly]

she needs to let him finish a sentence

[@teaneggs]

Honestly, she's fun! She poked around and made this video interesting !

[@yankeealpha4661]

Learning now. I liked the women interviewer!

[@megathingz7994]

Cringeworthy. All this huff and puff micro managing and not enough balls on the price action in the retail sector.

[@cool7470]

The women is in fact asking the right questions. She is right that big money gets more bigger. The wells guy sounded like a quack repeating the same without any examples when asked for since his wipes the ass of all fund managers big or small.

[@roroguapo3]

cool7470 gets more bigger LOL

[@moneymastermind2698]

Jesus you sound like a person speaking out of their ass on finance. Yes bigger companies get more money because they're more established with their clients and more well-known by name brand as well as more respected among the investor community. There's not gonna be a lot of clients that are gonna line up for a smaller start up. As time and experience and loyalty grows, that's when start ups get more established.

[@aaronramsden1657]

"Or one woman and a bloomberg" 🙄

[@narutovskiba88]

0

[@Pdiddy2400]

Should have got up and walked out 30 seconds Into that nonese.

[@dmank0074]

Get a new job, woman!

[@forgotten1s]

He was so fucking rude to her at 2:30

[@ricow8163]

my man was shaky lol

[@poetry7260]

Please , no more hedge funds. Look at your porfolio lately? Stolen.

[@jeffmorrison2915]

If Patrick knew what he’s talking about, he wouldn’t work for Wells Fargo and start his own hedge fund.

[@neerajahire8091]

So pedigree fund managers invest in pedigree (dog food company)..am I right??

[@jamesupton7555]

he doesn't dye his hair lol

[@CAVCFC]

How do you get people to give you the money

[@adamf4312]

get them to have confidence in you be the person you would want to take your money

[@MrSalem5227]

it is not polite nor professional that lady when looking to her colleague during guest talking, it looks judging him and saying " do u see what he says?"

[@JamesSmith-gn9ou]

She needs to shut up and let the gentlemen answer the question (s).

[@Leo-zj2qp]

Alpha baby

[@PHOEBEE69]

*EXCUSE ME*

[@biggboycaro]

NONE OF THIS MAKES SENSE AND THAT'S WHY IM FUCKIN POOR!!!!!!

[@dogestranding5047]

Funniest comment here.

[@dogestranding5047]

Just study it a lot

[@anirbandutta1964]

Worst anchors or whatever you call them ever . Unprofessional af.

[@okallup8012]

This patrick dude looks like he grew up behind a white picket fence with parents that took him on vacation.

[@kingscross4233]

can you please elaborate what you mean by that ? english is not my first language, and i know what a white picket fence is. but i dont get the characteristics of his that you are alluding to.

[@thewhiterabbit7381]

wow shes such a rookie imo embarrassing

[@tashamayas8768]

elvispresley

[@luckylove72]

Lmao this interview

[@AdrianDucao]

Is she the gal who ate the smallest bite of pizza in the world

[@StevenLoby]

This b is d? Sorry KZbin!

[@pajeetsingh]

What a shame. Jesus christ!

[@TheLegendaryLbuck12]

She’s so unprofessional. She has no idea what’s going on. If I was the guy on the right I’d be like I don’t have to be doing this see ya. Meanwhile she’s the interviewer disrespecting the guy that’s giving them content

[@StevenLoby]

The woman is a total … I can’t say it because of KZbin!

[@parasrajput3742]

hahahahahahahahahahahaha lets see

[@muhammadrazashahhash]

2:14 fuck, why was that statement "screaming punch me in the face"

[@rahulthukaram]

Why is that woman acting like a man?

[@mahmoodhussain24]

Rahul thukaram because she’s feels insecure as a woman. She is probably a feminist and hates men who make lots of money ie those in the hedge fund industry. Her body language speaks volume, her arms are crossed in the interview which shows she is not comfortable.

[@derrickestes1823]

Who does this guy think he is? What a stiff.

[@halse8280]

+Derrick Estes it could very well be nerves.

[@eastonezra2103]

I lost my job due to covid and I have always had a mindset that Challenges are gifts that force us to search for a new center of gravity. Don’t fight them. Just find a new way to stand.” I started investing online with Luiz help and I have achieved a lot for quite some time now.that is the number of Luiz

[@eastonezra2103]

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