How To Buy Shares In SpaceX, Discord, OpenAI, Stripe And More!
TLDRThe video discusses the recent public listing of Destiny Tech 100, an exchange fund (DXYZ) that uniquely holds stakes in private companies such as SpaceX, Discord, OpenAI, and others. The fund's volatility is highlighted, with its price fluctuating significantly on the first day. The speaker expresses mixed feelings about the fund's management, noting the founder's prior performance and public persona, while encouraging viewers to research and form their own opinions.
Takeaways
- 🚀 The video discusses investment opportunities in private companies like SpaceX, Discord, OpenAI, and others.
- 💡 Destiny Tech 100, trading under the ticker DXYZ, is an exchange fund that went public recently, offering a way to invest in private companies.
- 🌐 The fund DXYZ holds stakes in various private and public companies, including SpaceX, Axium Space, Epic Games, OpenAI, Revolute, Stripe, and Discord.
- 📈 DXYZ's stock price experienced significant volatility on the first day of trading, rising from $8.25 to $30 and then fluctuating in after-hours trading.
- 🤔 The video creator expresses curiosity about the fund's investment rotation strategy and the background of its founder, who also founded Forge Global Holdings.
- 🔍 The founder's high-profile presence and approach to discussing personnel matters publicly raises some concerns for the video creator.
- 📊 Investing in DXYZ provides exposure to a diverse portfolio of companies, with SpaceX having the largest holding at 34%.
- 🌟 The video highlights the benefits of community discussions, such as those on Discord, for staying informed about investment opportunities.
- 🎥 The video creator encourages viewers to do their own research and share their thoughts on the investment potential of DXYZ.
- 📉 The performance of Forge Global Holdings, previously led by the founder of DXYZ, is not impressive, which might influence investors' perception of the new fund.
- 📈 Despite potential risks and the founder's background, the video creator seems intrigued by the opportunity to invest in a diverse range of high-growth companies through DXYZ.
Q & A
What is the main topic of the video?
-The main topic of the video is about a newly public exchange fund called Destiny Tech 100 Incorporation (TI dxyz) that holds stakes in private companies like SpaceX, Discord, OpenAI, and others.
How can one invest in private companies like SpaceX, Discord, or OpenAI?
-One can invest in private companies like SpaceX, Discord, or OpenAI through an exchange fund, specifically Destiny Tech 100 Incorporation (TI dxyz), which has gone public and allows for the buying of shares in these private companies.
What is unique about the Destiny Tech 100 Incorporation fund?
-The uniqueness of Destiny Tech 100 Incorporation fund lies in its structure; unlike traditional funds that hold stocks or bonds, this exchange fund holds stakes in private companies.
What was the performance of TI dxyz on its first day of trading?
-On its first day of trading, TI dxyz opened at $8.25 and went up to $30 within the same day. It also experienced volatility in after-hours trading, going from $9.98 to $17.
What is the role of community in the investment process?
-Community, such as the Discord community mentioned in the video, plays a crucial role in the investment process by providing a platform for sharing information, insights, and alerts about investment opportunities and market trends.
What is the current portfolio composition of TI dxyz?
-The current portfolio of TI dxyz includes a 34% holding in SpaceX, along with stakes in Axium Space, Epic Games, OpenAI, Revolute, Stripe, Clara, Discord, Public, Chime, and Instacart.
What is the speaker's opinion about the founder of Destiny Tech 100 Incorporation?
-The speaker expresses some reservations about the founder of Destiny Tech 100 Incorporation, noting that the founder's previous company, Forge Global Holdings, is not performing well and that the founder's public discussions about firing employees are not impressive.
What is the advice given by the speaker regarding investment in the fund?
-The speaker advises caution when investing in new funds like Destiny Tech 100 Incorporation, suggesting that it is best to observe the fund's performance before making significant investments.
How can one stay informed about investment opportunities?
-The speaker recommends staying informed about investment opportunities by following his YouTube channel, joining communities like Discord, and being active in networks where information is shared, such as the community that alerted him to the TI dxyz IPO.
What is the significance of the volatility experienced by TI dxyz?
-The volatility experienced by TI dxyz signifies that the fund's share price can fluctuate dramatically within a short period, which presents both high risk and high reward potential for investors.
What is the speaker's approach to discussing investment opportunities?
-The speaker's approach is to provide information and insights about investment opportunities, including potential risks and his personal opinions, without pressuring viewers to invest, and encourages viewers to do their own research and make informed decisions.
Outlines
🚀 Introduction to Investing in Private Companies
The paragraph introduces the topic of investing in private companies such as SpaceX, Discord, OpenAI, and others. The speaker expresses the common desire among investors to have the opportunity to invest in these powerful and innovative companies, which are not typically available on the stock market. The discussion then transitions to a newly public exchange fund, Destiny Tech 100 Incorporation (TI dxyz), which offers a chance for the public to invest in private companies. The speaker shares the fund's performance on its first day, highlighting its volatility and the significant price fluctuations within a short period. The speaker also emphasizes the value of community, such as the Discord group 'boom market watch', in staying informed about investment opportunities and sharing insights.
🤔 Concerns and Background of Destiny Tech 100's Founder
In this paragraph, the speaker raises concerns about the background and credibility of the founder and CEO of Destiny Tech 100, the fund discussed previously. The founder's previous company, Forge Global Holdings, is mentioned to be underperforming, which casts doubt on the founder's ability to lead successful ventures. The speaker also criticizes the founder's public discussions about firing employees, suggesting that such matters should remain private. The paragraph concludes by encouraging viewers to do their own research and form their own opinions about the investment opportunity, acknowledging the fund's recent public listing and its inherent risks due to its volatility.
Mindmap
Keywords
💡Investing
💡SpaceX
💡Private Companies
💡Exchange-Traded Fund (ETF)
💡Volatility
💡Fintech
💡unicorn
💡IPO (Initial Public Offering)
💡Community
💡Due Diligence
💡Portfolio
Highlights
Introduction to the topic of investing in private companies like SpaceX, Discord, and OpenAI.
Discussion on the possibility of investing in these private companies through a newly public exchange fund.
Mention of the fund's name, Destiny Tech 100 Incorporation, and its trading symbol DXYZ.
Explanation that the fund holds stakes in private companies, making it unique among other exchange funds.
Volatility of DXYZ's stock price on its first day of trading, with a significant price range.
The importance of being cautious when investing in new financial instruments like DXYZ.
Discussion on the value of community insights, such as the Discord community mentioned, in staying informed about investment opportunities.
Information on the founder of Destiny Tech 100 and his previous company, Forge Global Holdings.
Concerns about the founder's leadership and management style based on public information.
Current portfolio of DXYZ, highlighting SpaceX's significant 34% holding.
List of other notable companies held in DXYZ's portfolio, such as Axium Space, Epic Games, and OpenAI.
The potential of DXYZ as an investment vehicle for those interested in private tech companies.
The importance of conducting thorough research and due diligence before investing in new funds.
The role of social media and online platforms in shaping investment decisions and sharing information.
The presenter's personal opinion on the fund and its offerings, emphasizing the need for viewer discretion.
Encouragement for viewers to engage in discussions and share their thoughts on the investment opportunity.