New Index Tracks Valuation of Private Companies

Reported about 1 month ago

The NYSE OPEN Venture Capital Unicorn Index tracks the daily valuations of private firms like SpaceX, OpenAI, Databricks, Stripe, and Fanatics through a unique methodology that relies on real secondary transaction data rather than just fundraising insights. David Shapiro, co-founder and CEO of OPEN, explains the index's workings and aspirations to establish an ETF, emphasizing the commitment to reliability and trust in accessing such structures.

Source: YAHOO

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