Rich Habits Podcast

A Special Guest from Joby Aviation, OpenAI's $110B Fundraise, & the "K-Shaped" Economy

Mar 6, 2026
Ryan Nehru, aviation policy lead at Joby Aviation focused on eVTOL safety and rulemaking. He talks about electric propulsion advantages, pilot programs and timelines, safety and airspace integration, and Joby’s service model and Uber partnership. Expect discussions on use cases like commuting and regional connectivity, plus when flights might begin locally.
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ADVICE

Always Verify Liquidity Terms For Private Credit

  • Check liquidity and redemption terms before investing in private credit or semi-liquid funds.
  • Treat private credit and similar alternatives as capital you won't need for 3–5+ years because redemptions can take months and be limited.
INSIGHT

Redemptions Reflect Fear Not Always Underperformance

  • Large redemption requests don't necessarily mean underlying loans are failing.
  • BCRED posted ~11.5% annualized returns even as investors requested a record ~8% withdrawal, showing stress can be behavioral.
ANECDOTE

Joby Says Pilot Program Could Put eVTOLs In Sky Within Months

  • Joby responded to the show's earlier discussion and described the federal pilot program timeline and selection process.
  • If a state wins, Joby must be operational within 90 days of the agreement, implying early contracts by summer and flights by fall 2026.
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