I tossed 5k in at $404, maybe I’m already way late, but also up a quick 20%. Is there a number we’re watching for to really jump in? Waiting for it to drop? Or is there a chance this will climb and sit even higher?? $575 is the ATH, even if it bounced back up to that level I could be happy. I also invested in Robinhood’s RVI fund (which also holds databricks) is that the smarter play?
VCX….how are we handling this?
byu/ButterflyOk1301 ininvesting
Posted by ButterflyOk1301
3 Comments
Buy more then watch it take a huge dump.
This is a closed end pe fund, that people have turned into a meme stock.
The underlying value of the assets held by the fund is about 20 per share. There is nothing smart about paying 20x nav for some private companies.
Realistically based on the current marks its worth between 18-25ish a share
Plus in Sept when fundraises internal investors people who invest through fundrise there lockup expires so it’s going to take an decent hit when a lot of them start taking profits