p/rally-rd
The investments of the rich, now available to all
Nick Abouzeid
Trading Windows, by Rally Rd β€” Trade shares in classic cars, just like the stock market
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Rally Rd. is a platform for investing in SEC-registered collectible assets, starting with classic cars, with no minimums & no commissions.

Today, we're launching Trading Windows - the open-market buying & selling of shares in individual cars. Starting today, investors will be able to sell their shares... or buy into offerings that they missed. πŸš—

Replies
Rob Petrozzo
Thanks for the hunt Nick! Super excited to be launching the next iteration of Rally Rd. today. One of the major goals of the this platform has always been to add liquidity to illiquid markets, and the launch of Trading Windows plays a huge role in making that happen. In short, every 30-60 days each unique asset for which we’ve run an Initial Offering gets a trading day known as a β€œTrading Window.” Starting at 9:30am ET and running until 4:00pm ET we open bid/ask trading on the asset allowing for exits and new purchases of shares all through registered broker-dealers within the Rally Rd. app. Today’s Trading Window is for our 1977 Lotus Esprit S1, which was the first Initial Offering ever run on Rally Rd. back in late 2017. Looking forward to answering any questions and hearing your feedback! πŸ™ŒπŸ
Jian Wei Chuah
@robpetrozzo is there a plan to add support for Android/web?
Rob Petrozzo
@jianweichuah Android will be out shortly, definitely a priority for us before end of 2018, and web is currently in beta (you can get a sneak peak at rallyrd.com/app). Drop me a note with any questions or feedback!
Alex!
What are the tax implications of these types of investments thru the app? Does the app provide any end-of-year tax forms or reporting? Are there any sort of SEC rules, regulations, disclosures, and protections that are offered with these investments?
Rob Petrozzo
@imaznation yes, our broker-dealers provide the appropriate tax forms end of year which can be downloaded through the app, and we surface periodic statements to all investors. All offerings are quaified by the SEC and searchable on SEC.gov (but we also surface these in the app for all users, whether you invest or just want to browse).
Nick Abouzeid
I've been purchasing a couple shares of the cars that launch on Rally Rd, and the team has been kind enough to send out stock shares for each of my purchases. These are a blast to have on my desk, and they're great investments to boot. Y Combinator-backed Arthena is also securitizing typically out-of-reach assets for public investors. Love this space, and excited to see startups continue to allow unaccredited/new investors participate in markets that they can't typically participate in due to high capital requirements or arbitrary regulation.
Daniel Matos
I would love to participate/invest but I'm based in Europe (Portugal). Do you have a timeline for allowing non-US investors?
Fitz Tepper
@daniel_matos nothing to announce yet, but we're working on it...stay tuned!!
Snah Desai
i feel like i got a lot of notifications and e-mails right off the bat. It really turned me off to actually going and check back on the app
Vidy Thatte
This is such a cool idea and yet has the potential to really redefine what it means to value a product/object. Kudos to the rally rd. team for launching this πŸ™Œ
Fitz Tepper
@vd_thatte πŸ™Œ thanks for the kind words! Look forward to hopefully seeing you on the platform πŸ“ˆπŸš—
Jonathan Peters
Please bring this to Android! I'm an avid car enthusiast and would love to get involved in this space.
Rob Petrozzo
@jpkthx android coming very soon! We just launched beta for web with 99% of the feature set of iOS - you can take a look and create an account at www.rallyrd.com/app on all platforms.
Tanuj Paul B
Wow I heard people were tokenising cars on the blockchain to do this, didn't know you could do this as well!
Davis Baer
This is sweet!
Fitz Tepper
@daviswbaer πŸ™ŒπŸ“ˆπŸš—
Hussein Horack
Great, I really want get into this. BUT - I don't have an iPhone. Why on earth does this service not have a web app? It makes absolutely no sense. This is exactly the sort of service that needs a website that can be used on the web, regardless of which mobile platform you use or whether you prefer a button phone. this app trend is quite annoying at time.s
Kyle Stephens
Love the concept and, as a petrol head, this is something I would love to get involved with - if only it was on Android! Any reason why it needs to be mobile only? Could see this working just as well as a web app.
Anthony Jebran
@ky1e_s Appreciate it!! Would love to get you on the platform. Web is currently in beta (you can get a sneak peak and create an account at www.rallyrd.com/app) and Android is coming very soon. Feel free to drop me a note with any questions or feedback.
Anthony Jebran
@ky1e_s πŸ™ŒπŸ½πŸ™ŒπŸ½
Kevin Kaplan

New and exciting concept for investing in alternative assets

Pros:

Cool interface. Easy sign on

Cons:

None so far

Albert
A financial product without a web interface? πŸ‘Ž
Stephen Hakami
This is ridiculously cool
Rob Petrozzo
@torchstephen thank you Stephen! We’re a little biased, but I just asked everyone in the office and they completely agree with you. πŸ™
Ricci Wolman
Very cool! How long does it take to fund your account if you are using linking? How are you notified when new cars come up for purchase? Do you always get a share certificate when you purchase shares?
Rob Petrozzo
@ricwol In many cases, balance transfers can occur same-day, but that varies based on your bank with some taking up to 3 business days. As for stock certificates, we've been sending the lucite version out for any multiple share purchase, and the hand-painted print for all investments. We'll be adding a bunch of great tangible products to the investment suite to compliment the shares soon as well!
Red Alex
It’s available for UK?
Danu Popei
I really love the concept, but I can't invest cuz I'm not in US.