Scott Lynn

So just use, use my own money to start it.

Yeah.

I mean, the business today is, um, I think around 30 employees.

So, you know, we're, we're scaling that quickly.

Um, you know, still not profitable yet, but hope to be profitable this year.

So we make money very similar to how a hedge fund makes money, which is on a 1.5% per year management fee plus 20% of the profit when a painting sells.

Fairly straightforward.

Yeah, it's really hard in this asset class to day trade paintings.

You know, it's hard to buy a $10 million Picasso and then sell it a month later for $12 million.

So we really tell investors to think of these as long-term investments, right?

These are three to seven year holds.

But when you look at the performance of some of these artists overall, you know, we tend to see returns anywhere between

Eight percent a year and 30 percent a year.

So the returns are very interesting.

So long as someone can can hold the investment for a longer period of time.

Yeah, I mean, I think at this point we're over $30 million, maybe more than that under management, yeah.

Well, I mean, we fundamentally believe that our interest should be aligned with investors, right?

I mean, we are very focused on finding the best investment opportunities that we can in this asset class.

So I think that's just a fee model that investors understand.

Um, you know, theoretically, I guess we could price it differently, but, but, but that's kind of a commonly accepted, um, pricing structure.