Podcast #69: David McDonough of Commonstock

David McDonough
David McDonough,
Commonstock

Thanks again for tuning into this week’s episode of PitchIt. I sat down with Commonstock’s Founder & CEO David McDonough.

Commonstock is a social network that amplifies the knowledge of the best investors, verified by actual track records for signal over noise.

David describes it best during our conversation, investing has been democratized, but information has not been. Commonstock aims to change that by providing investors with verified information and track records.

David and I talk about the rise of the retail investor, the impact of the various meme stocks on the overall market, the perception of the markets, payment for order flow, crypto, raising capital, and much more.

Before you begin the episode, please take a minute to rate the show and provide feedback; I take listener comments very seriously. And don’t forget to join us in Miami on December 13 – 14 for Fintech Nexus LatAm; this is LatAm’s premier fintech event.

Without further ado, I present Commonstock’s Founder & CEO David McDonough. I hope you enjoy our conversation.

Episode Discussion points include:

  • David’s journey to Commonstock
  • The democratization of stock investing
  • Democratizing the flow of information
  • Stock market perception
  • Fractionalized investing
  • Crypto markets and speculation
  • The social aspect of investing
  • Payment for order flow
  • The impending recession and retail investors
  • Raising capital
  • Recommended reading – The Shoe Dog by Phil Knight and Crossing the Chasm by Geoffrey Moore
  • And much more

Connect with David via LinkedIn
Connect with David via Twitter

Download a PDF transcription of No. 69 David McDonough

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.