Literally recorded a pod about this to release tomorrow. Investors don't buy shares; they buy interest in an SPV, so the companies can limit the number of investors on their books and remain legally private
Ann M. Lipton
Exclusive: EquityZen and Forge Global are lowering the minimum investment in private companies like SpaceX to $5,000, making it easier for individual investors to access high-risk, high-reward opportunities.
It is getting easier to invest in high-risk, high-reward private companies. EquityZen and Forge Global, which are marketplaces for trading shares of private companies, are lowering the minimum…