Rally enables regular investors to buy and sell shares in high-end collectibles. Crafted from individually selected Nile crocodile scales in cream and gray, Hermès’s Himalaya Birkin is one of the world’s rarest handbags, fetching more than $100,000 at auction. Rally cofounder and CEO Chris Bruno wants you to own one—in part. Rally, which launched in 2017, acquires high-end collectibles—Birkins, Porsche convertibles, Rolex watches, even first-edition Harry Potter novels—and allows people to buy and sell shares in them via an app, as if the items were public stocks. Investors—including Rally, which invests up to 10% in each collectible—can make money by selling their shares as an item gains in value, or if the treasure is eventually sold for a profit. (Rally registers each item as a security.) The app’s average investor—there are currently 10,000 total—is 28 years old and owns shares in four different Rally-managed assets. The company has held offerings for nearly 75 items and sold off several, including a 2000 Ford Mustang Cobra R for a 21% return. Last January, in its largest IPO to date, Rally sold 5,000 shares of a $635,000 1980 Lamborghini Countach for $127 apiece. The company, which recently opened a showroom in Manhattan’s SoHo neighborhood to spotlight items coming up for IPO, gives non-elite investors “the ability to have exposure to the best of the best,” says Bruno. “We took something that was available to 0.001% of the population and made it available to every... Continue reading at 'Fast Company'
[ Fast Company | 2020-03-10 05:00:57 UTC ]
The Harry Potter theme park in Orlando, Fla., more than lived up to its hype for this fan. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2012-04-11 00:00:00 UTC ]
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The literary genre is white-hot in Hollywood, with filmmakers bidding on unpublished books and paying as much as $1 million for the rights to relatively modest sellers.The back-to-back blockbuster successes of "Harry Potter," "Twilight" and now "The Hunger Games" have turned the hunt for fresh... Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-03-27 00:00:00 UTC ]
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The "Harry Potter" series, which has conquered mediums from books to movies, is finally available in ebook format. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-03-27 00:00:00 UTC ]
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Pottermore has partnered with ebook company Overdrive to bring electronic versions of the 'Harry Potter' series to libraries and schools in five languages. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2012-02-28 00:00:00 UTC ]
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Buoyed by a strong finish to 2011, indie booksellers celebrated their independence at this year’s seventh annual American Booksellers Association Winter Institute held at the Astor Crowne Plaza in New Orleans, January 18–20. Some who recently opened second stores, like Peter Makin at Brilliant... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-01-27 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Fri, 11/11/2011 - 07:25 The former owner of Maher the Bookseller, which went out of business in June after 16 years trading, has opened another bookshop selling titles for up to 50% off r.r.p. Tony Maher, who used to own his former business in the... Continue reading at The Bookseller
[ The Bookseller | 2011-11-11 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Thu, 01/09/2011 - 08:51 Readers will be able to download the ebook of Harry Potter and the Philosopher's Stone for free with the limited edition model of the new Sony Reader. Further details have emerged about the Reader, which is set to go on sale in... Continue reading at The Bookseller
[ The Bookseller | 2011-09-01 00:00:00 UTC ]
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Written By: Katie Allen Publication Date: Thu, 18/08/2011 - 15:17 Titan has acquired an accompaniment to the Harry Potter film franchise, which drew to a close this summer with Harry Potter and the Deathly Hallows: Part II. Harry Potter: Page to Screen: The Complete Film-making Journey will... Continue reading at The Bookseller
[ The Bookseller | 2011-08-18 00:00:00 UTC ]
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Scam artists are selling fake early access to the Pottermore Web site or asking for personal data to register an "account." Either way, you're going to be sorry if you interact with them. Continue reading at PC World
[ PC World | 2011-08-05 00:00:00 UTC ]
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