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perhaps, but T-Rowe Price needs to match a benchmark. So if benchmark rises 10x and they only get 2x, they will suffer quite a bit. More likely, they expect t
by vasilipupkin 11y ago
perhaps, but T-Rowe Price needs to match a benchmark. So if benchmark rises 10x and they only get 2x, they will suffer quite a bit. More likely, they expect this company to go public way before hitting the 3x mark.
- vonmoltke 11y agoIf benchmarks were rising tenfold nobody would want to put money into startups.
- vasilipupkin 11y agoA late stage private co is not really a startup
- ethbro 11y agoPut this way, it seems like a bet that tech will outperform alternatives: you're constructing a conservative investment out of startup investing.