3 ms·
They report $4.2 billion in tech start-up stocks purchased by mutual funds. The total amount of money in mutual funds in the US has increased by an average of $
by TheCoelacanth 10y ago
They report $4.2 billion in tech start-up stocks purchased by mutual funds. The total amount of money in mutual funds in the US has increased by an average of $500 billion dollars per year for the past 15 years.
At that rate, tech start-up stocks will never even make up 1% of the fund.