#052: Fundrise VCX Listing Explodes!
The Fundrise VCX fund exploded at the open on Thursday, up more than 300% from its net asset value (NAV).
This long-time favorite (previously the Fundrise Venture) is now available to anyone who can trade U.S. stocks and funds.
Craig looks at the direct listing dynamics and previews what to expect as trading settles, comparing VCX to the Destiny 100 (DXYZ) and Robinhood Ventures Fund I (RVI).
In IPO Radar news, the Kraken IPO is postponed, Kalshi is raising $1 billion at a $22 billion valuation, and General Matter is raising $500 million at a $2 billion pre-money valuation.
Access 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.
- 0:00 Intro
- 0:24 Fundrise VCX Launch
- 3:11 Direct Listing
- 4:36 Unrestricted Shares
- 6:04 Net Asset Value (NAV)
- 6:38 DYXZ Chart Comparison
- 7:48 RVI Chart Comparison
- 8:27 RVI ElevenLabs
- 9:41 RVI Discount
- 10:07 VCX Premium
- 11:39 What’s Next for VCX
- 12:23 Pragmatism
- 13:01 IPO Radar News
- 13:43 Kraken IPO Freeze
- 15:29 Kraken Valuation
- 16:20 Kalshi $22B Valuation
- 18:57 General Matter $500M Raise
- 19:45 What is General Matter?
- 20:21 Enriched Uranium Supply Chain
- 22:59 Invest in General Matter?
- 23:31 Connect
This podcast and video are for informational and entertainment purposes only. Mentions are not a recommendation to buy or sell any pre-IPO or public company. Invest in IPOs and private companies at your own risk.
