Betting On Private Companies

Ted

FYI: (Click On Article Title At Top Of Google Search)

Regards,Venture capitalists aren’t the only investors looking to get in on the ground floor of promising, but private, companies. Increasingly, mutual fund managers are opting to make late-stage private investments rather than wait for initial public offerings.

To get a glimpse of which funds are venturing into this market, we asked Morningstar to screen for funds with stakes in privately held companies, including Airbnb, Dropbox, First Data, and Uber Technologies. More than 100 mutual funds have invested in at least one of those four, and many, in two or three.
Regards,
Ted
https://www.google.com/search?newwindow=1&site=&source=hp&q=Betting+on+Private+Companies+barron's&oq=Betting+on+Private+Companies+barron's&gs_l=hp.3...8583.16930.0.18171.10.10.0.0.0.0.62.582.10.10.0.msedr...0...1c.1.62.hp..7.3.181.vhVsEDCOJmI

scott

GSVC (GSV Capital) was supposed to be the stock that allowed even the average person to get in early to the Twitters and Ubers of the world. It's down by half from three years ago. The Ubers of the world are looking bubble-ish to me at this point, I think partly because people are overly desperate for anything resembling growth.

Old_Skeet

I use LPEFX for my exposure to private equity. I have linked its Morningstar report for those that might be interested along with its fact sheet.

http://quotes.morningstar.com/fund/f?t=LPEFX&region=USA

http://www.lpefund.com/documents/pdfs/alpsredrockslistedprivateequityfund-fs-20141231.pdf

LewisBraham

Anyone remember Garrett Van Wagoner and the Van Wagoner Funds?
articles.latimes.com/2004/aug/27/business/fi-wagoner27