Titan launches its mobile ‘not a hedge fund’444.32

What Robinhood did to democratize buying individual stocks, Titan wants to do for investing in a managed portfolio. Instead of being restricted to rich accredited investors willing to pour $5,000 or even $500,000 into a traditional hedge fund that charges 2 percent fees and 20 percent of profits, Titan lets anyone invest as little as $1,000 for just a 1 percent fee while keeping all the profits. Titan picks the top 20 stocks based on data mined from the most prestigious hedge funds, then invests your money directly in those with personalized shorts based on your risk profile.

Titan has over $10 million under management after quietly spinning up five months ago, and this week the startup graduates from Y Combinator. Now Titan ready to give upscale millennials a more sophisticated way to play the markets.

Original source
https://techcrunch.com/2018/08/20/titan-invest/

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