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How Your "Rich Folks" Investment Just Got Better

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.

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