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by 30thElement
4776 days ago
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There are some hedge funds that invest in startups, along with the investment arm of other companies (Microsoft bought 1.6% of Facebook pre-IPO), but I don't know if it'll work for mutual funds. Hedge funds and companies can sit on a startup for years before getting any return, but mutual funds have to be much more liquid. It could work as a closed-end fund, but those are much less common than open-ended funds and you lose the ability to reinvest in the startups. |
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