Re:SpaceX Is Raising $500M at a $30.5B Valuation
by aerophilic on Tuesday December 18, 2018 @11:12AM
(#18707641)
Can you elaborate? I assume you have to be an accredited investor?
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Re:SpaceX Is Raising $500M at a $30.5B Valuation
by ian0 on Tuesday December 18, 2018 @01:16PM
(#18708965)
Fundnel, a Singaporean crowdfunding platform was assisting spaceX with a recent raise[1]. The minimum investment value is 250k on the website now but if I recall correctly it was as low as 50k a few months back.
Re:SpaceX Is Raising $500M at a $30.5B Valuation
by dodobirdlord on Tuesday December 18, 2018 @11:20AM
(#18707734)
Often in these sorts of scenarios you can find an investment fund that has a stake in the non-public company that you are interested in and invest in the company by proxy by investing in the fund.
Re:SpaceX Is Raising $500M at a $30.5B Valuation
by TomMarius on Tuesday December 18, 2018 @11:32AM
(#18707867)
Wow! Do you happen to know any reputable ones where it'd be possible to single out (as much as possible, probably not possible completely) the investment into SpaceX?
Re:SpaceX Is Raising $500M at a $30.5B Valuation
by exacube on Tuesday December 18, 2018 @11:32AM
(#18707866)
the issue would now be that you're investing in everything else in that fund.. i'd have to believe in the fund, not just SpaceX.
Re:SpaceX Is Raising $500M at a $30.5B Valuation
by whatshisface on Tuesday December 18, 2018 @11:42AM
(#18707947)
You could design a portfolio of short and long positions that exactly cancelled out everything else the fund had.
Re:SpaceX Is Raising $500M at a $30.5B Valuation
by whatok on Tuesday December 18, 2018 @12:40PM
(#18708598)
Good luck with that considering most if not all of the other investments would be private investments that would be difficult, if not impossible to replicate in public markets.
Re:SpaceX Is Raising $500M at a $30.5B Valuation
by whatshisface on Tuesday December 18, 2018 @12:59PM
(#18708783)
Maybe you could find a bunch of other funds with slightly different positions in the same companies, and then form a linear combination that cancelled out the differences.
Re:SpaceX Is Raising $500M at a $30.5B Valuation
by erikpukinskis on Tuesday December 18, 2018 @01:59PM
(#18709449)
You'd end up with an "error portfolio" that was somewhat random that you'd be investing in proportionally with your SpaceX investment.
Re:SpaceX Is Raising $500M at a $30.5B Valuation
by whatshisface on Tuesday December 18, 2018 @06:07PM
(#18711455)
If I started a few listed companies and bought carefully constructed portfolios of unlisted securities specifically so that this would be possible, I wonder if the SEC would get mad.
Re:SpaceX Is Raising $500M at a $30.5B Valuation
by mLuby on Tuesday December 18, 2018 @12:13PM
(#18708276)
I smell a SaaS product…
Re:SpaceX Is Raising $500M at a $30.5B Valuation
by jlmorton on Tuesday December 18, 2018 @12:39PM
(#18708588)
I smell financial regulation. The secondary market is generally only available to accredited investors. If you're investing in a fund, that's one thing, but if a product is unwinding all of that to allow unsophisticated investors to essentially buy secondary stock in private companies, the SEC is going to have something to say about that.