In this week's episode of Smart Humans, Slava Rubin talks with StartEngine’s Howard Marks about alts over stocks, understanding the 1031 exchange technique in real estate, and the democratization of venture capital.
Before co-founding StartEngine, Howard co-founded video-game giant Activision and was the Chairman of Activision Studios from 1991 until 1997. As a former Board Member and Executive Vice-President of Activision, he and a partner took control in 1991 and turned the ailing company into the $37 billion market cap video game industry leader, selling millions of games. Howard was also the founder and CEO of Acclaim Games, a publisher of online games that was later sold to The Walt Disney Company. Howard is the 2015 “Treasure of Los Angeles” recipient, awarded for his work to transform Los Angeles into a leading technology city, and a member of L.A. Mayor Eric Garcetti’s technology council. He is bilingual and a triple national of the United States, United Kingdom, and France.