Destiny CEO Sees Private-Tech Fund Surge as a ‘Discovery Process’

Sohail Prasad, CEO at Destiny Tech100, calls the surge in Destiny XYZ a “discovery process” for investors gauging the value of the fund offering easy access to some prestigious privately held technology firms. He speaks with Katie Greifeld on Bloomberg Television.

[@proletariat9467]

Most if not all of the investors who bough this stock have NO idea what their buying, they have NO idea they only have a share in 50 million in assets, this is a blatant crime.

[@randalwolfinger279]

This MF'r pumped up this for a week and then sold millions of dollars in stock.

[@jonnooney7102]

Looking like a pump and dump this morning , bought before the bell last friday at 101.00 all indications were nothing but up.....this friday it's sitting at 38..66 . I've held and hoped this long and it isn't but 12 shares. Maybe miracles will happen.....the whole market did dump this week. Pretty sure it will come back up and then some but might take a while.

[@xFree23Stylex]

So what will you do? Keep holding? I am in the same situation as you

[@jonnooney7102]

@@xFree23Stylex Smart people are supposed to dump it for what they can get but, it's not going to break me if it goes to zero so I'm going to wait it out and make a decision once the whole market rallies back up to where I think it should have gone with it. That's just me.

[@TheMachomaniac]

I dont think this will get above $50 for a long time.

[@chrisgilbert1256]

@@TheMachomaniac Do you think buying now at $29 is a good value? I mean if we're talking long term

[@jonnooney7102]

I'm usually pretty good about cutting losers but have been playing futures. Haven't looked at stocks in a while because of this very thing. I guess we need reminding why we quit bad behaviors.

[@leoredhook5916]

Interesting. I like it

[@rheijm9201]

Yeah thart al. Very fascinating but you just interested in arabie if they get into wars .And in Europe if they legalize drugs. Go feature Pumxatawny news, you provincial farmer kiddo.