UP062: Mainvest // helping anyone invest in Main Street businesses




upside show

Summary: Interview starts: 6:07 Debrief starts: 49:30 Nick Mathews is the CEO and cofounder of Mainvest. Based in Salem, Massachusetts, Mainvest began in 2018 with the incentive to provide investment opportunities to smaller community markets through local investors. In just a little over a year, the company has an 85% success rate, helping fund fifteen different companies with another fifteen live right now. A Massachusetts native, Nick helped launch Uber in Boston during the company's expansion period and worked with the company for over six years. In today's episode, he discusses a bit of his experience at Uber and how his work there compares to Mainvest's current goals. We discuss: - Ad: Finding experienced employees for your new business (5:11) - Launching Uber's fifth market in Boston (10:22) - Deciding to start a company geared towards new, small businesses (14:02) - What is Mainvest & business success story (22:07) - Investments breakdown (25:02) - Supply vs. Demand with investments (34:41) - Second time investors (37:57) - Current New England opportunities (39:20) - Onboarding a company (41:02) - Maintaining successful companies & Mainvest's business model (44:18) Learn more about Mainvest: https://mainvest.com/ Follow upside on Twitter: https://twitter.com/upsidefm Advertise with an upside classified: https://upside.fm/classifieds -- This episode is sponsored by Integrity Power Search, the #1 full stack high growth startup recruiting firm between the coasts. They partner with venture capitalists, private equity groups and CEOs to build amazing teams for the world’s most disrupting companies. Learn more about or get in touch with Integrity Power Search: https://upside.fm/integrity