Alternative Investing Report - December 3, 2024

*as of 12/2; Sources: S&P, BTC, FTSE, DJRE, CL50

RM Sotheby’s Dubai supercar auction saw seven sales above $1 million, led by an $11.1 million sale for the one-of-one 2014 Pagani Zonda LM Roadster, a record-breaking sale for the brand. Another Pagani Coupé sold for $4.3 million, and a 2022 Aston Martin Valkyrie Coupé sold for $2.65 million. That latter sale seems impressive until it’s compared to the original $3 million sticker price.

➨ TAKEAWAY: Even for top-of-the-market supercars, scarcity is still important. The Pagani Roadster is the only one ever made, and its sale set a record even though it’s been driven nearly 6,000 miles. It doesn’t hurt that it was the first Roadster offered at a public sale since 2019. The Aston Martin may only have around 50 miles on its odometer, but it is one of a comparatively larger population of 150 and apparently it has been re-selling consistently under sticker price.

Interested in investing in pre-IPO unicorns? Join us today at 11 AM ET to learn more about OpenAI, the American AI giant. Vincent CEO Eric Cantor and Jan-Erik Asplund, Pre-IPO analyst at Sacra dig into the company’s growth, strengths, challenges, IPO prospects, and answer investor questions.

Bitcoin’s surge has fallen just short of the $100,000 mark for now, leading some to believe the post-election rally has leveled out and prices will start falling after President Trump is inaugurated on January 20. While Bitcoin’s momentum has slowed, Ripple (XRP) surged close to the $3 mark, reflecting a 90% weekly gain and 437% monthly gain.

➨ TAKEAWAY: It is easy to forget that Bitcoin was still below $70,000 a month ago, and that its meteoric rise since the election should not be overlooked. Still, there is a growing sense that the bull run might be short-lived, and there are indicators that XRP may have hit a peak as well. As with all things crypto, the market volatility means that Bitcoin could hit the $100K mark today and prove the naysayers wrong.

🤖 OpenAI tender offer: The AI startup is allowing its employees to sell $1.5 billion of stock at $210 per share to SoftBank, after the latter asked for a larger stake in the startup following its recent round.

🏢 CRE prices rising: CoStar’s Commercial Repeat-Sales indices showed a 1.1% increase in commercial real estate prices in October, while total sales volume also rose 7.2% year-over-year.

🚀 Another NBA VC: Former pro basketball player Omri Casspi has raised $60 million for Swish Ventures, a new venture fund that will target 10 early-stage cybersecurity, cloud infrastructure, and AI startups.

⚾ Top 10 sports memorabilia sales: With the recent record-breaking $24 million sale of Babe Ruth’s “called-shot” jersey, a look at the other items in the top-10 all-time, with 8 of the 10 sold in the past three years.

💵 Nuveen targets Australians: The U.S. asset manager with $1.3 trillion in AUM is offering high net-worth Australians and family offices the ability to invest into a U.S. private credit fund.

🎨 Duct-taped Cheeto: In the first, but probably not last, knock-off of Maurizio Cattelan’s $6.2 million banana, a Cheeto duct-taped to a wall sold for $20,000. The winner also gets $20,000 worth of Cheetos - no word on the duct tape.

The former Northern California home of “Peanuts” creator Charles Schulz has just hit the market. Located in the town of Sebastopol in wine country north of San Francisco, the 6800 square-foot main house has 6 bedrooms, 7 bathrooms, a game room and courtyard. The 9.15 acre property also contains a guest house, swimming pool, and a pond. The price tag is $3.3 million - Charlie Brown and Snoopy not included.

Advertiser’s Disclosures

This is a paid advertisement for Mode Mobile Reg A offering. Please read the offering statement at https://invest.modemobile.com

¹ Mode Mobile currently has no formal plans for an IPO. 

² A minimum investment of $1,950 is required to receive bonus shares. 100% bonus shares are offered on investments of $9,950+.

³ Please read the offering circular and related risks at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering.

Past performance is no guarantee of future results. Start-up investments are speculative and involve a high degree of risk. Those investors who cannot afford to lose their entire investment should not invest in start-ups. Companies seeking startup investment tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Further, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns.

DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck.