D/XYZ CEO dives into launch of new fund to invest in private tech

Sohail Prasad, D/XYZ CEO, joins 'Fast Money' to discuss a new way for investors to get into start-ups.

[@oleg7380]

What a name destiny … Something say me that it will asap attract short funds to show them their destiny!

[@pjdava]

CNBC Television, This made me laugh so much! Thanks for sharing!

[@user-xt3bw7vo3p]

Sohail did speak pretty well here, very good. Nice, $609 million market cap and $57.43 per share right now.

[@DrHughMonguscoque]

Yeah absolutely no chance this violently implodes within the next few years.🙄

[@Skaahn]

New ARKK

[@jbjab99]

What does she mean it is a closed end company once you are in you are in? Does that mean you can't sell your shares?

[@Hi-yt4lr]

No, you can buy and sell shares just like any another stock. Definition is copied and pasted from google "A closed-end fund, also known as a closed-end mutual fund, is an investment vehicle fund that raises capital by issuing a fixed number of shares at its inception, and then invests that capital in financial assets such as stocks and bonds"

[@pjdava]

CNBC Television, Your videos always make me happy, so I subscribed!

[@user-bt9cm7ze4c]

CNBC has become the QVC for pumpers.

[@polarbearliver]

Oof. Feel bad for people who paid a 12x premium and are paying 2.5% management fee. Getting absolutely hosed.

[@wavymcfly]

Guy sold 2 days after

[@olivierauberger]

How in the world did regulators approve this?

[@harryschoenberg5831]

That top button