Stocks of private companies like OpenAI and SpaceX are being sold via invitation-only markets to the ultrawealthy before their IPOs, creating a two-tier system (Corrie Driebusch/Wall Street Journal)
Corrie Driebusch / Wall Street Journal : Stocks of private companies like OpenAI and SpaceX are being sold via invitation-only markets to the ultrawealthy before their IPOs, creating a two-tier system — The buzziest private companies are being sold to a select few as the universe of stocks everyone else can invest in shrinks rapidly from Techmeme https://ift.tt/k2LD9tn