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For the first time ever, one of the holdings in our "venture capital" fund has gone public.
That reduces the number of holdings in this impressive portfolio of late-stage startup companies that are on track to go public - but in this case, that's a good thing.
I'm talking, of course, about the SharesPost 100 Fund (PRIVX), which Radical Technology Profits Editor Michael Robinson first told us about back on April 29.
When a member of SharesPost 100 makes an initial public offering (or is acquired), the venture capital firm's net asset value (NAV) rises. Every time a company enters or leaves the fund, SharesPost 100 President Sven Weber and his team use a complex formula to figure the increase in the NAV.Full Story
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