[tedmiston]

> Meanwhile, AngelList is adding new ways for people to get into private-company investing. With some 600 startups expected to raise money through the website next year, AngelList said it’s creating a sort of index fund for young companies that will hold shares in 100 to 200 startups. Investors can buy a share of the fund, called the Access Fund, for $100,000 or more.

This could be interesting. I wonder if it will be restricted to accredited investors or offered to the layman?

As always, of course there are no guarantees in startup returns, but spread over that many companies... well, I'm not sure what to expect. I guess it all depends on the returns and how they decide to pick companies. It could be a cool new take on index investing. Then again, I became wary of most things "cool" and "new" in investing.

[hkmurakami]

You'd need to register the securities with the SEC of your going after non-accredited investors. I wonder if Angellist is going to go through that trouble.

One big advantage of only having accredited investors is that it allows you to not have to make such regulatory filings.

[iLoch]

You may be interested in this: https://www.sec.gov/news/pressrelease/2015-249.html

[andreasklinger]

An "index fund" for early stage fund is extremely interesting.

Given their transparency to investments it's a very good combination.