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by mettamage 14 days ago
I wish I could invest into it, I'd at the very least have invested in their Series F. It was a no brainer by that point. If anyone could teach me how to get into stuff like this, that'd be awesome. I'm from the Netherlands, so not American. Though I'm married to an American.
3 comments

I am not a financial advisor or even remotely an expert.

I did look into this briefly long ago for SpaceX. There are ways for relatively small investors (and I do mean relatively!) to get into some of these companies equity pre-exit by buying shares from employees who currently hold them for those who want to reduce risk/need the cash now vs. later.

You will likely need to have enough assets already with a single institution to have a private banking relationship with your bank. They would be the one to call to ask what options might be available. There are other options like EquityZen that make it more accessible, but I have not looked into those at all.

You will also need to be either an accredited investor or a qualified investor ($1M/$5M minimum networth not counting your personal property) depending on how each company is setup, but again I'm not entirely sure on details there.

I stopped looking into it when I was told that there was a $1M minimum buy-in at that time. More than I was looking to do at the time. I imagine it's much higher these days.

These are of course highly risk investments and I am unsure of how tested these structures are - so I imagine there is some counterparty risk on top of all the usual stuff.

Don't worry, it will be all dumped on the SP 500 as soon as it is at its hype peak.
just talk to your banker they sure know how to invest your money
Aaaaand it's gone!