Vincent co-founder Slava Rubin and Sacra co-founder Jan-Erik Asplund take an in-depth look at new public funds that offer investors access to private shares in companies on the path to an IPO like SpaceX, OpenAI, and Anthropic. They break down how these vehicles are structured and, more importantly, what investors are actually getting exposure to beneath the surface.
Main points of the discussion include:
- How investors can get access to Pre-IPO companies
- A review of current Public market funds and ETFs
- Defining and explaining valuation metrics and NAV
- A look at which major Pre-IPO companies these funds hold
- The impact of IPOs on private market investments
