New Index Fund Simplifies Investing in Unicorns

By
Marcella Vita dos Santos
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).

Qualified investors can now easily tap into the growth of privately-held companies with the introduction of a new index fund. Forge Global Holdings Inc. has partnered with Accuidity LLC to launch the first fund based on an index tracking the performance of 60 of the most liquid late-stage, venture-backed private companies. Some of the notable companies included in the index are SpaceX, Cerebras Systems Inc., and Databricks Inc. This initiative offers investors a simplified approach to backing unicorns and is anticipated to garner significant attention in the market.

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