Interesting company, Hohum.Here's some additional background on GSVC from a bullish author on Seeking Alpha.http://seekingalpha.com/article/1061981-buy-gsv-capital-foll...I have to admit the idea of being able to buy into a diversified VC-style company like this is very intriguing. It's like a pre-IPO mutual fund that benefits when their companies go public. And while they will obviously have their share of busts (Groupon, Zynga, and Facebook to name some that have already gone boom) if you look at their total holdings they are diversified enough that they will have their share of winners as well. Upcoming catalysts include Violin Holdings and Twitter that are both widely expected to IPO this year. Also interesting to me is that even though GVSC may have overpaid for Groupon and Zynga, the share price of GVSC only reflects the value of those companies today. Their NAV is adjusted each quarter to reflect business value of companies that are still private, but also reflects current values of companies that are public. So when you buy shares of GVSC, at least you get to buy those stakes of GRPN and ZNGA on the cheap, plus you're getting the optionality of dozens of wunderkind tech companies poised to go public.Gouldberg
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<