#47: The Fundrise Innovation Fund VCX is Going Public - What does this mean for existing investors?

from Access IPOs Podcast · host Access IPOs

CORRECTION: Please note, the VCX, RVI, and DXYZ funds are not ETFs. They closed-end funds (CEF) that are exchange-traded. Though they trade like ETFs, this is an important distinction. The Fundrise Innovation Fund (VCX) plans to go public, pending a shareholder vote in February. What does this mean for existing investors, and how will it impact the fund over the long-term?Written Fundrise Venture ReviewIn IPO Radar news, Erebor is a bank, Beast Industries buys a fintech, and SpaceX to the moon!Newsletter Signup(free download - "The IPO Process" One-Pager)Access Club: 7-Day Free Trial$5 to join at the Baseline Level(0:00) Intro(0:25) Non-Accredited Startup Investing(1:01) Venture Capital Funds (for Non-Accredited)(1:22) Fundrise Innovation Fund(2:36) Fundrise VCX(3:25) Robinhood RVI and DXYZ(5:14) Fundrise Review(5:40) Robinhood Ventures(6:36) Why Launch VCX?(10:00) VCX Downsides(11:58) VCX Holdings(12:36) Disclosure(12:46) IPO Radar(13:32) Erebor Bank Charter(16:25) Erebor Valuation(16:48) Beast Industries Acquires Step(19:04) Beast Industries Valuation(20:08) SpaceX IPO Watch(20:35) SpaceX to the Moon(23:58) OutroAccess IPOs content is for informational purposes only and does not recommend that investors buy or sell any companies mentioned. Perform personalized due diligence and only invest with money you can afford to lose.