Venture Approaches Against Fascism #64

Hi Everyone and Welcome Back!

This week on The Nick Halaris Show we are featuring Dmitri Mehlhorn, the Founder and Executive Director of Oakland Corps, an organization dedicated to standing in solidarity with Oakland-born Kamala Harris.  Dmitri is a prominent Democratic donor and strategist.  Previously, he served as co-founder of Investing in US, a novel group that has deployed venture capital principles to political investing.  

Ready to dive in? Listen to this episode on Apple Podcasts, Spotify, Amazon Music and YouTube or on your favorite podcast platform.

I wanted to have Dmitri on the show to learn more about the emerging new field of political investing and get his insider’s take on just how serious we should take the threats to our democracy.  As you’ll see in the episode, Dmitri thinks we have a ton of reasons to be concerned but remains optimistic that the fight for freedom can be won.  Whether you agree with Dmitri or not, this a must-listen episode for understanding the true nature of big money politics in America.

Tune-in to this fascinating episode to learn:

  • The surprising role that Dmitri played in the evolution of Profit+ and the Nick Halaris Show

  • How it is even possible for someone to be an undecided voter in today’s polarized landscape

  • Why the urban youth vote in 7 swing states will probably determine the outcome of the Presidential election

  • What political investing is and how applying venture capital principles to it has made such a big difference for the Democratic party

  • The historical origins of the urban versus rural divide and why we shouldn’t discount the notion that the tech and finance elite are actively pursuing oligarchical control/influence

    &

  • Much, much more

Stay tuned to the end to learn how Dmitri is finding courageous voices from unexpected places to help the Harris campaign and to hear why a famous scene from “The Dark Knight Rises”—which has already featured once before on the podcast!—is relevant to the current political moment.

As always, I hope you all enjoy this episode.  Thanks for tuning in!     

Love this episode? Please rate, subscribe, and review on your favorite podcast platform to help more users find our show. 🙏 Thank you

Summary

In this conversation, Nick Halaris and Dmitri Mehlhorn explore the complexities of voter engagement in America, focusing on undecided voters, the urban youth vote, and the urban-rural divide. They discuss the political identity of rural Americans, the influence of fear and technology on political perceptions, and the looming threat of oligarchy in the U.S. Mehlhorn shares insights on his work with Oakland Corps, aiming to innovate political engagement and support marginalized voters. The discussion highlights the importance of personal courage in political activism and the need for a robust civic ecosystem to counteract the rise of authoritarianism.

Takeaways

  • Humans are complicated and capable of great evil.

  • The schism is overwhelmingly urban versus rural.

  • Young urban people are anti-Trump voters if they vote.

  • Rural people believe Democrats are literally demons.

  • The elites are not listening to them.

  • Trump will become the most powerful human who has ever existed.

  • The rule of law limits their power.

  • We need surprising acts of personal courage.

  • The cost per net democratic vote was careening north of 2000.

  • We were part of a larger ecosystem.

Titles

  • The Impact of the Urban Youth Vote

  • Fear and Political Alignment in America

Sound Bites

  • "Humans are complicated and capable of great evil."

  • "The schism is overwhelmingly urban versus rural."

  • "Young urban people are anti-Trump voters if they vote."

Chapters

00:00 Full Circle Moments in Civic Activism

01:31 Understanding Undecided Voters

03:41 The Urban Youth Vote's Impact

06:55 The Urban vs. Rural Divide

11:54 Rural America's Political Identity

15:48 The Role of Fear in Political Alignment

22:11 The Influence of Technology on Political Perception

27:26 The Threat of Oligarchy in America

42:35 Innovating Political Engagement with Oakland Core

Nick Halaris

I’ve been fascinated by investing for as long as I can remember. As a kid, I would read the Wall Street Journal, the Economist and Barron’s, pouring over the data tables, stories and interviews with a passion and an insatiable kind of curiosity. As I grew into adulthood, I struggled to find the right outlet and channel for this passion and spent much of my twenties wandering and trying out different things. I had a very brief career as an attorney, spent some time as a strategy and leadership consultant for big multinational companies, failed in an attempt to start a hedge fund, and even ended up helping run a scrap metal recycling operation for a while.

At the age of 30 though, I took my stand. I made up my mind that no matter what I was going to be an entrepreneurial investor. As crazy as it sounds, I owe everything in my life to this one foundational decision—even my amazing wife and my beautiful kids. I don’t think I would ever have met Alicia had I not made this one choice. At that moment in time, the financial world had just been devastated by the crash in the housing market and the near systemic failure of the global banking system that followed. I’ve always had a contrarian bent to my investment thinking; so, to me the carnage in real estate looked like an opportunity.

It all started with one house in Compton California. The business plan was simple: buy a distressed foreclosed home from a bank, bring it back to life with a big renovation and sell it to a first-time homebuyer. Things progressed slowly as they tend to do with real estate. In the first years of this, I think I did 6-7 homes. But then after plugging away day-by-day, suddenly it seemed, things just came together. I found the right investors and the right loans and the right deals and in just a few short years I ended up investing in over 100 such transactions, building a portfolio of almost 2,500 multifamily units and creating a fully vertically integrated real estate company with almost 100 employees.

Fast forward to today and I’m running the second evolution of my entrepreneurial investing career and having so much fun that I have to stop and remind myself that this is all real.

http://www.nickhalaris.com
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What’s the Truth About Free Speech in America #65

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How to Create a Better Election System in America #63