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> If anything, this protects smaller investors. The only access investors have to outsized gains are through investing in the companies that invest in these co
by anonymouskimmer 3y ago
> If anything, this protects smaller investors.
The only access investors have to outsized gains are through investing in the companies that invest in these companies. What small investors need are private equity index funds.
Someone else mentions Netflix vs. Blockbuster. Small investors would have been doubly screwed if they could only invest in Blockbuster because Netflix was still private.