UVA alums expect money to pour in as they uncork fine wine investment service
May 7, 2021 5
The company’s first offering is a $46,000 collection of 24 bottles primarily from California’s Screaming Eagle Winery. (
Images courtesy of Vint)
Looking past the latest craze-fueled stock market trends like crypto currency and GameStop shares, two local UVA alums are offering investors a chance to own assets that are nearly certain to get better with age.
Nick King and Patrick Sanders will launch Vint next week, an online service through which individuals can invest in collections of fine wines.
Vint recently received the approvals needed from the Securities and Exchange Commission and bought its first offering: a $46,000 collection of 24 bottles primarily from California’s Screaming Eagle Winery.