When people ponder the investment opportunity around collectibles, they probably think about things like wine auctionssales of very expensive old cars or baseball cardsor maybe a pocket watch that made an unlikely appearance on an antiques TV show, hoping that their piece of treasure might one day also be worth millions.

Along with the investment, Rally is also announcing a new leader. Christopher Bruno, founding CEO, will take on a new role as president. Rally got its start in with a focus on classic cars — its full name is Rally Rd. Co-founder and chief product officer Rob Petrozzo said in an interview that the new funding round will be used in part to invest further in technology and growing the business, and in part to bring a wider set of collectibles categories into the mix, in particular through partnerships with other companies.

Rally Road lets you buy and sell equity shares in classic cars. Which, he would not disclose, but you could imagine how Rally might work as an interesting complement to those who specialize in sales of collectibles, using Rally as an alternative to outright big-ticket sales to meet customer interest in cases when those customers might not want to sink thousands or millions of dollars into a single item, but — as they would with other kinds of investments — spread their smaller amount of money across a wider number of assets.

The round was actually closed this summer, Petrozzo said. Of the investors, Porsche has an obvious car connection, and was specifically interested in the company because of its connection to younger users, who are less likely to ever be able to buy classic cars, and might never, given changing tastes and consumer behavior. But the other backers are also key, added Petrozzo.

All Menu Items

Petrozzo said that sports memorabilia has been the most successful and popular category in recent months. Again, this is probably unsurprising: given how many professional and amateur sports have had to pause and only restart in very controlled circumstancesa platform like Rally provides an outlet for armchair sports fans to indulge in some activity to while away the time.

Investors can then cash out if the item is sold, or continue trading their shares with other investors, as you would on the stock market. Having possession of the asset seems to reduce at least some of the risk — which you get in every investment platform, from traditional investing to Robinhood to everything else in between, but may feel especially acute here given that taking equity in collectibles is a new investment class.

The future of collectibles is digital.Kolte on Wednesday took charge as CEO. Pune Smart city has been in the news, not least because of its loss of ranking in the national smart city audit. Pune dropped to 28th in the smart city ranking. Kolte is a batch IAS officer. Agrawal held additional charge of Pune Smart City along with her post as additional municipal commissioner at the Pune Municipal Corporation PMC where she will continue to operate.

Games Search. Thank you for subscribing to our daily newsletter. Hathras gang rape case to be probed by CBI, Centre issues notification. Donald Trump to hold 2 more rallies next week in Pennsylvania and Iowa.

Five killed after tourist plane, microlight collide in west France. Read more. Kabir Kala Manch: A cultural outfit ever in the cross hairs of law and order.

Your Health and Care, One Simplified Experience

Happy birthday Amitabh Bachchan: His 10 best moments with family. Verifying authenticity of video claiming jawans have non-bulletproof vehicles: CRPF. Seven persons injured in scuffle, acid attack in Bhiwandi. Complaints of illegal parking near Kalyan railway station on rise.

Maharashtra could be completely unlocked by November-end: Tope. India news. YSRC accuses high court, top court judge of trying to topple its govt. Covid tests in Delhi gradually declining again.

Pune dist reports 1, fresh cases, 46 deaths. Traffic violations rise in September on Pune-Mumbai Expressway. Lockdown will be lifted completely in state by November: Health minister Tope.

Truck turns turtle on Pune-Mumbai expressway, driver dead. Sign In to continue reading Sign In. Sign up.Checkers Drive-In Restaurants, Inc. The company operates Checkers and Rally's restaurants in 28 states, and the District of Columbia. They specialize in hamburgers, hot dogs, french fries, and milkshakes. Originally separate companies serving different geographic areas with Checkers serving the Southeast and Rally's serving the MidwestCheckers and Rally's merged in August Generally-speaking, the Checkers name remains used in the Southeast as well as the Northeast while the Rally's name remains used in the Midwest as well as California ; the two brands have overlap in several areas.

The merged company is headquartered in Tampa, Florida. Most locations specialize in carryout service with a drive-thru and walk-up windows available with no indoor seating, though some legacy Rally's locations in the Midwest that opened before Checkers purchased the chain retain dining rooms. Checkers was founded in in Mobile, Alabamaby Jim Mattei, and went public in Rally's was founded in Louisville, Kentucky in by Jim Patterson.

CKE sold Rally's to Checkers in Unlike the two CKE chains which have are various points have flipped flopped between marketing Carl's Jr.

In Junethe company went private through a merger with Taxi Holdings Corp. On May 23,Checkers announced a planned expansion into the Pittsburgh area, announcing plans for over two dozen locations throughout Western Pennsylvania.

rally rd ceo

Despite the Rally's brand having brand recognition in the area due to its presence in neighboring Northeast Ohio as well as having previously been available in the area briefly in the late s, the locations will be branded as Checkers. An early commercial offered a chance to win a car.

It showed a yellow car since the yellow car version of punch buggy was a big fad during this time. A similar advertising strategy for this fad was implemented into a Taco Bell commercial with as many as 20 or 30 yellow taxicabs in one camera shot.

One of the first advertising campaigns by Checkers and Rally's featured the slogan " High Performance Human Fuel, " and ran from to late The television advertisements for that campaign were animated in an Anime style, and featured a woman named Holly, in pursuit of fast food.

S and Ring Raiders. They completely restructured the advertising campaign. Among one of the many changes is their new slogan, " little place. The ad campaign became popular after it was posted on YouTubebecoming a viral video.

This received criticism from animal rights activists, though Checkers stated that the packaging was "intended only as a creative extension of our television campaign. In Septemberthey started to have a character called Mr. Bag, a talking bag who appears in the new commercials for Checkers and Rally's. In Septemberrapper and restaurateur Rick Ross stated his plans for a partnership with Checkers and Rally's, including ownership of a few franchises.

On May 29,Checkers and Rally's disclosed a long-running data breach that affected an unknown number of customers at of its Checkers and Rally's locations, with some being infected with a point-of-sale malware as early as From Wikipedia, the free encyclopedia. American fast food company.Understanding your health care can be complicated. Rally makes it simple and fun, empowering employees to choose the right benefits, find nearby care as simple as shopping onlinelearn simple ways to stay healthy, and reap rewards while doing it.

See if Rally is available through your employer. The Rally team hopes it helps you through the days ahead. Read Now. Rally members benefit from expertly written articles covering a wide range of health topics.

We'll be in touch with you soon. Weight Loss, Food, Health. Health, Mood. Food, Health. Do You Live in a Food Desert?

rally rd ceo

Health, Fun, Mood, Work. Food, Health, Weight Loss. Fitness, Food, Health. Food, Health, Nutrition. Health, Fitness, Food. It truly motivates me to move and live a healthy lifestyle. You join all these Missions and get coins to use toward sweepstakes, which is very nice. I love how you can get a gift card and choose where you want to use it. Check Now. Take a stand.

Take A Pledge Learn More. The Rally Experience Understanding your health care can be complicated. Check Availability. Articles for Better Health Rally members benefit from expertly written articles covering a wide range of health topics. Rally Health Newsletter Signup. Read More. See All. What Rally Members Are Saying. A Rally Member From Illinois. A Rally Member From Texas.With Rally House, you will find that supporting your favorite college or professional teams has never been easier.

From wearing your favorite player's jersey on gameday to repping your team on the hat you wear around town, drinking your go-to beverage out of a tumbler, pint glass, mug, or water bottle or hanging a team flag outside your house - Rally House is here to help you show your team pride and loyalty in every which way we can!

From the beginning of your team's season to lifting a championship trophy, shop Rally House to gear up and celebrate one of life's greatest passions - sports! Rally House doesn't only have one of the largest selections of college and professional sports gear, but also a selection of Local Stuff. Shop unique apparel and gifting merchandise to rep the cities and states you love! From historical landmarks to local sayings and slogans, Rally House is a destination for local t-shirtsdrinkwareaccessoriesfood and more to help you show the love and support you have for where you're from and where you live.

Shop our own line of RALLY Brand apparel and gifting merchandise for unique styles that you just can't find anywhere else!

rally rd ceo

It's your city. It's your house. It's Rally House! Gear up at one of our many Rally House brick-and-mortar store locations around the country or shop online now.

Invest in your dream car

Show Your Colors not only on gameday but every day with Rally House! Javascript is disabled on your browser. To view this site, you must enable JavaScript or upgrade to a JavaScript-capable browser.

Dallas Cowboys. Kansas City Chiefs. Philadelphia Eagles. Cleveland Browns. Pittsburgh Steelers. Chicago Bears. Chicago White Sox.

Cleveland Indians. St Louis Cardinals. LA Dodgers. Chicago Cubs. San Diego Padres. Kansas Jayhawks. Notre Dame Fighting Irish. Texas Longhorns. OU Sooners. Michigan Wolverines. OSU Buckeyes. Dallas Stars. Philadelphia Flyers.

St Louis Blues. Seattle Kraken. New York Islanders. Pittsburgh Penguins.Offutt Co. Curoe, who most recently served as a senior vice president for the Target Corp.

Curoe spent 17 years at Target in various roles across the organization, including human resources, merchandising, operations and information technology.

Prior to Target, he worked at General Electric, where he had sales and marketing leadership roles across different GE businesses. He earned an industrial engineering degree from Marquette University in Milwaukee and a master's degree in management from Northwestern University's Kellogg School of Management in Illinois.

Through a press release issued Monday, April 17, Curoe said he was excited to build on the Offutt family's legacy. Offutt Company. The diverse set of businesses that make up this company, and the Offutt family's focus on creating long-term value for the company's stakeholders, offer many different opportunities for continued growth and success," he said.

Tim will be a great cultural fit. His breadth of experience and broad skill set will greatly benefit our business in the years to come. Trending Articles.

Crime and Courts Oct 9th - 10am. Agriculture Oct 10th - 7am. Fires Oct 1st - 2pm. Government and Politics Sep 30th - 4pm. Business R. Related Topics RDO. Agriculture Oct 9th - 11am.For car aficionados that have always wanted to own a fancy trophy car without having to shell out hundreds of thousands of dollars for the privilege, a financial technology upstart has come up with the perfect solution. Rally Rd, a New York-based fintech company that allows small investors to invest in rare collectibles, is giving the term asset diversification a whole new meaning.

There's a catch: Although purchasers of a Rally Rd asset are technically shareholders of an asset, they're deprived of the joys associated with getting behind the wheel, taking the car out for a spin — or even seeing it up close.

However, Rally Rd has come up with a middle-ground solution. Rally Rd's objective is to use showrooms to give potential investors an opportunity to view what they're buying, even if they'll never get the chance to drive it on the road.

Rally Rd aims to make investing more accessible to the small investor. Still, the market for collectible cars isn't less than liquid and requires lots of disposable income to participate. It raises the question of why anyone would want to buy a piece of an asset it can't physically own.

R.D. Offutt Co. names former Target exec its new CEO

He explained that the average Rally Rd investor can "enjoy the ownership effect" without the headaches and expense associated with maintaining a blue-chip car. To Rally Rd's founders, the impetus behind the app is to get the aspirational class of car lovers "behind the velvet rope" to make asset markets "more flat and democratic. So while not everyone can own a Lamborghini or a Porsche, or will even get the chance to see one up close, Rally Rd is betting the showroom experience will help make it more "tactile.

Sign up for free newsletters and get more CNBC delivered to your inbox. Get this delivered to your inbox, and more info about our products and services. All Rights Reserved.

Data also provided by. Skip Navigation. Markets Pre-Markets U. Key Points. Related Tags. Central banks are weighing their own digital currencies — this is what they could look like.

Ryan Browne. Fintech app Revolut tries to tempt U. VIDEO Robinhood and Covid brought millions of new traders to Wall Street. Sam Rega.

Read More. News Tips Got a confidential news tip? We want to hear from you. Get In Touch.

rally rd ceo

CNBC Newsletters. Market Data Terms of Use and Disclaimers.


thoughts on “Rally rd ceo

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *