This week on the Kingscrowd Podcast, Brian Belley, Scott Kitun, and Léa Bouhelier-Gautreau examine two very different private market stories. First, Brian and Scott discuss Rally’s shift away from direct fractional ownership of collectibles and toward a more fund-like structure. They explore why the model struggled with liquidity, possession, exit mechanics, customer acquisition, and investor expectations — and why the pivot could foreshadow where more alternative asset and crowdfunding platforms are heading.
Then Brian and Léa review Oshi, a plant-based salmon company raising on Wefunder and presenting at Kingscrowd Demo Day. Léa breaks down Oshi’s traction across restaurants and retail, its strategic partnership in Latin America, its valuation reset from prior rounds, and the risks around a shrinking plant-based food market, high manufacturing costs, and negative gross margins.