Yieldstreet
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- Start date
Yieldstreet is an illusion of sophistication.
They sell the dream of passive income through exotic alternatives, like real estate, litigation finance, private credit. In reality, it’s a high-fee underperforming black box.
The biggest red flag is that their default rates are swept under the rug behind euphemisms like “watchlist” and “performance monitoring.” Actual returns are consistently mediocre to negative, and when things go south, the investor is last in line, after misstructured payment waterfalls and Yieldstreet’s fees.
Liquidity is non existent. Promised secondary markets never materialized. Exits are slow and unpredictable. Several funds are borderline illiquid, despite claims of quarterly redemption. And forget reliable updates: investor reports are vague, delayed, and without any useful data.
Communication is handled by monkeys. Customer service knows nothing, shares nothing and vanishes mid-thread. Platform bugs and banking failures have frozen withdrawals entirely for weeks at a time.
Add a tax nightmare (no integrations, mountains of forms, and zero coordination) and the whole platform feels like a bad joke at investor expense.
They overstate vetting, understate risk and monetize confusion. A machine built to collect fees off underinformed capital.
Look elsewhere.
Or better yet: build your own deals, know your counterparties, and skip the middlemen with flashy decks and no skin in the game.
They sell the dream of passive income through exotic alternatives, like real estate, litigation finance, private credit. In reality, it’s a high-fee underperforming black box.
The biggest red flag is that their default rates are swept under the rug behind euphemisms like “watchlist” and “performance monitoring.” Actual returns are consistently mediocre to negative, and when things go south, the investor is last in line, after misstructured payment waterfalls and Yieldstreet’s fees.
Liquidity is non existent. Promised secondary markets never materialized. Exits are slow and unpredictable. Several funds are borderline illiquid, despite claims of quarterly redemption. And forget reliable updates: investor reports are vague, delayed, and without any useful data.
Communication is handled by monkeys. Customer service knows nothing, shares nothing and vanishes mid-thread. Platform bugs and banking failures have frozen withdrawals entirely for weeks at a time.
Add a tax nightmare (no integrations, mountains of forms, and zero coordination) and the whole platform feels like a bad joke at investor expense.
They overstate vetting, understate risk and monetize confusion. A machine built to collect fees off underinformed capital.
Look elsewhere.
Or better yet: build your own deals, know your counterparties, and skip the middlemen with flashy decks and no skin in the game.
