“They'll take out dividends and distribute to us based on our percentage of ownership.”
Rob Walling · Practical Founders Podcast · #219: Vibe-Coded Isn't Validating: Rob Walling's Warning for AI-Era Founders - Rob Walling
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What was described
take dividends from C-Corp portfolio companies
Said nearby on the same subject
“I personally own in between 30 and 35 companies, generally speaking, in our portfolio. So we'll have companies that are 4% of the portfolio at purchase and some that are 1.5% to 2%. We don't go lower than that because we want it to matter.”
“Our dividend product… became the largest dividend ETF in the world… over $100 billion… high quality set of dividend payers… consistency attracted more clients”
SM
Schwab Asset Management
Masters in Business ·
Business model$100 B AUM; 100 names; not the lowest cost nor highest yieldShare this moment
“If you look at our private company portfolio, we're targeting in excess of 20 percent IRR.”