VCX, Fundraising Growth Technology Fund This company, which invests in promising private companies, has lost some of its recent astronomical price gains and is trading nearly 50% lower today.
VCX recently Listed on NYSE as a new vehicle for anyone to invest in a portfolio of leading private firms. The holdings include private securities of big names like Anthropic, Databricks, OpenAI, Anduril, Ramp and SpaceX. Many of these holdings are expected to go public at some point this year.
VCX shares are currently trading at $206 each and have lost about $180 today. Shares peaked around $575.
VCX shares started trading at just over $30, so the rise has been pretty incredible. At the same time, VCX Net Asset Value at launch was pegged around $19, so there may be some padding there.
There is speculation that the limited amount of shares available for trading has suppressed the price, causing it to rise further, as some are under lock and key. Some predict that the shares will close at a much lower price.
VCX highlights smaller investors’ interest in funds that hold private securities in leading firms. The fund also represents a big gain fundraisingonce a single-property real estate investment platform, is shifting to leveraging its technology to scale its offerings and the types of assets it offers investors.
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