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I'm a bit confused by the wording, but I think you're trying to say that to a sovereign wealth fund, investment opportunities are essentially fungible because t
by kenneth 8y ago
I'm a bit confused by the wording, but I think you're trying to say that to a sovereign wealth fund, investment opportunities are essentially fungible because they're allocating their money over a large portfolio. So if one of the big VCs or tech companies won't take their money, another will and in a diversified portfolio that's good enough.
- AnthonyMouse 8y ago> So if one of the big VCs or tech companies won't take their money, another will and in a diversified portfolio that's good enough. Right, except that we're talking about smaller companies rather than larger ones, so it's even worse because there are more of them. Restricting who can own a large publicly traded company which is a part of the major index funds would be... impractical. Which actually brings up another point. Even if you're selective in who you sell a stake to, what happens when they sell their stake to someone else? Or they themselves get bought out or merge with someone?
- gbear605 8y agoI'd guess that you could be required to sign a contract when you buy a stake that says that if you want to sell it or get bought out or merge, they also have to sign the contract. It's not realistic, but I don't see any reason why it couldn't happen.