About Us – The Tokenist
Co-Founder of The Tokenist / Tim on Linkedin
Tim Fries is a managing director at Lakeview Capital, advisor to the Founders and head of US business development. He has a B. Sc. in Mechanical Engineering from the University of Michigan, and an MBA from the University of Chicago Booth School of Business. Tim is also the co-founder of Protective Technologies Capital (protechcap.com) and Lakeview Capital (lakeview.capital). Prior to founding Protective Technologies, Tim was a member of Baird Capital’s global Industrial Solutions private equity team.
Co-Founder of The Tokenist / Dan on Linkedin
Dan co-founded Lakeview Capital in 2016. Previously, Dan built a publishing business in the cognitive health space. He oversaw dealflow for Wired Investors, a PE firm for internet-based businesses, and later co-founded Next Ventures, a portfolio of publishing websites in the I.T. and security space. Dan has experience as an entrepreneur, operator, and investor, and specializes in buy-side PE business brokerage. Prior to founding Lakeview Capital, Dan worked at the Dana Farber Institute at Harvard Medical School, co-authoring several publications in the field of translational oncology and bioinformatics.
Editor in Chief / Shane on Linkedin
Shane has written over 800 articles concerning the integration of blockchain technology and financial securities. With a B.A. in Philosophy, he’s fascinated by the relation between technology, the human, society, and the existing economic world order. He has nearly a decade of experience as an analyst for the U.S. government and authored a publication in the British Journal of Undergraduate Philosophy. In his free time, Shane puts his theoretical interest in technology to practice by honing his skills in web development.
The Tokenist is a media platform for providing relevant, high quality, and differentiated information for the security token industry. Our unique insights are derived from backgrounds in digital media consulting, crypto asset marketing, and private market investing. This perspective allowed us to recognize early-on the disruptive potential of blockchain technology applied to private securities. Specifically, we understand the existing inefficiencies inherent in the process of capitalizing, issuing, administering, transferring, and servicing investments in private assets such as real estate partnerships, private equity/venture capital funds, and direct private company ownership.
These inefficiencies have direct economic costs for all parties, including: limited access to capital, discounted asset valuations, insufficient liquidity, unnecessarily high fees and expenses, and myriad other indirect or hidden costs. Furthermore, these inefficiencies don’t just exist in the private alternative investments market as tokenization has the potential to improve the most traditional markets like public equity and debt and also the most non-traditional, like music rights or sports team ownership.
Our analysis of the private asset ecosystem highlights significant technological limitations in the approach currently taken by the industry. Fundamental democratic functions like title ownership records, security regulation compliance, and capitalization table maintenance are slower, more costly, and less accurate than they should or could be. Furthermore, limited high-quality investment options exist for all but the wealthiest and most well-connected investors interested in exposure to assets like startups, real estate, etc. Those options that do exist are also structurally limited, reducing the flexibility that investors and their advisors have in constructing personalized portfolios unique to an individual’s specific goals, preferences, and risk tolerance.
By advancing the development of a more sophisticated, efficient and transparent private asset marketplace we hope to accelerate the realization of and exposure to solutions that give people increased control of their investments, so that the best projects get funded and value received is efficiently connected with value provided. We do so by highlighting the most relevant industry news as well as by publishing investigative case studies of the most salient applications of security technology.