How Yieldstreet's real estate bets left customers with massive losses

Investment Performance & Risk - Yield Street, a startup offering retail investors access to esoteric assets, faces challenges with a significant portion of its deals underperforming [1] - 23 out of 30 deals are on a watch list, indicating potential default [1] - Four deals have already defaulted [1] - Investors have invested $370 million, with $78 million already defaulted, resulting in potential losses [2] Company Performance & Market Perception - Yield Street's real estate performance has plummeted from 9.4% two years ago to approximately 2% over the last 10 years [4] - Yield Street claims high interest rates in 2022 affected their investments [3] - Yield Street's tagline "invest like the 1%" contrasts with the perception that they may be offering deals that professional investors have passed over [4]