OpenAI, Space X를 누구나 투자할 수 있다. Destiny Tech100(DXYZ). (ft. 하지만 정말 큰 리스크가 있다)
TLDRThe video discusses the intriguing investment opportunity in a stock called 'Destiny Tech', ticker DXYZ, which has seen significant returns since its listing. The stock, which is not an ETF, invests in high-growth companies, including venture firms and non-public stocks. Despite the high annual fee of 2.5%, the portfolio includes innovative companies like SpaceX and OpenAI. The video also highlights the risks involved, such as the company's small staff and the lack of transparency regarding the valuation and performance of the invested companies. The presenter advises viewers to carefully consider these risks before investing and shares information about a recent airdrop event where DXYZ stocks were distributed for free, highlighting the novelty and potential of such an investment.
Takeaways
- 🌟 The speaker is a tech farmer who has researched a highly requested stock, Destini Tech (ticker: DXYZ), which has seen significant interest and returns.
- 🚀 DXYZ is not an ETF but an investment in 100 high-growth companies, including venture and non-public firms, with a focus on innovative enterprises like SpaceX and OpenAI.
- 💰 As of the date mentioned, DXYZ has achieved a remarkable return rate of 272% since its listing on March 26, 2024.
- 📈 The stock's portfolio includes significant investments in SpaceX (34.6%) and OpenAI (3.8%), reflecting a strategy of backing innovative and high-potential companies.
- 🔍 The speaker raises concerns about the high annual fee of 2.5% and the fact that DXYZ only holds 23 assets, questioning the management and transparency.
- 🏢 Destini's official website states that the company has eight employees, none of whom appear to be particularly notable, which adds to the skepticism.
- 🌐 DXYZ's headquarters is listed on SEC, but upon investigation, it appears to be located in a building that does not match the image of a high-value company.
- ⚖️ The speaker emphasizes that DXYZ is not an ETF and is managed by a limited company, meaning it doesn't have to meet all the SEC standards for public companies.
- 🎁 DXYZ has been involved in a stock airdrop event, offering shares for free to individuals, which is unprecedented and raises questions about the company's motives and sustainability.
- 📊 The valuation and reflection of the invested companies' worth in the DXYZ stock price is unclear, and the speaker questions how these non-public companies' values are calculated and reflected.
- ⚠️ The speaker concludes with a warning about the high risk associated with DXYZ, especially considering the speculative nature of investing in non-public, high-growth companies, and decides not to invest.
Q & A
What is the company that recently went public and is gaining attention, as mentioned in the transcript?
-The company mentioned in the transcript is Destiny Tech, with the ticker DXYZ.
What is the return rate of Destiny Tech since its listing?
-Since its listing on March 26, 2024, Destiny Tech has achieved a return rate of 272%.
What type of investment does Destiny Tech focus on?
-Destiny Tech focuses on investing in high-growth companies, including venture businesses and non-publicly traded stocks.
How many companies does Destiny Tech currently hold investments in?
-Destiny Tech currently holds investments in 23 companies.
What is the annual fee for investing with Destiny Tech?
-The annual fee for investing with Destiny Tech is 2.5%.
Which companies are among the significant investments of Destiny Tech?
-Significant investments of Destiny Tech include SpaceX, with a 34.6% stake, and Open AI, with a 3.8% stake.
What are the conditions for companies to be included in Destiny Tech's portfolio?
-The conditions for inclusion are a good reputation among U.S. institutional investors, having received investments of over $50 million, sound financial health with no significant debt, transparent corporate structure, and a high retention rate, excluding companies with poor culture.
How does the speaker describe the risk associated with investing in DXYZ?
-The speaker describes the risk as high, noting that the companies invested in by Destiny Tech are non-publicly traded and could become worthless. Additionally, the speaker questions the transparency and management of the company, given it is a new and relatively unknown entity.
What is the significance of the free stock airdrop event mentioned in the transcript?
-The free stock airdrop event is significant because it is a large-scale event where up to 700,000 shares of DXYZ were distributed for free to individuals, marking the largest such event to date.
What is the speaker's personal stance on investing in DXYZ?
-The speaker is cautious and has decided not to invest in DXYZ due to the high risk associated with it, especially considering the unknown nature of the company and the non-publicly traded stocks in its portfolio.
How does the speaker suggest the value of the companies invested in by Destiny Tech is calculated?
-The speaker expresses uncertainty about how the value of the companies is calculated, noting that the official website provides vague information and that the process is not clearly outlined.
What is the speaker's advice for those interested in high-risk investment opportunities like DXYZ?
-The speaker advises potential investors to thoroughly understand the risks involved and to consider their own risk tolerance before investing in high-risk opportunities like DXYZ.
Outlines
🚀 Introduction to Destiny Tech and Stock Analysis
The speaker, a tech farmer, introduces a stock called Destiny Tech (ticker DXYZ) that has been requested by many and has seen significant fluctuation with a return rate of 272%. The stock, which is not an ETF, invests in 100 high-growth companies including venture firms and non-public stocks. The annual fee is 2.5%, and currently, only 23 stocks are held. The investments include a significant portion in SpaceX (34.6%) and OpenAI (3.8%), among other innovative companies. The speaker notes that investing in such non-public innovative companies was difficult for the general public, but this stock allows them to do so. The speaker also mentions the risks involved, including the company's young age, high annual fee, and the fact that it only holds 23 stocks. The analysis continues with a discussion on the company's investment criteria and the potential for growth in the companies it invests in, such as SpaceX and OpenAI.
💡 Risks and Features of DXYZ Stock
The speaker discusses the risks associated with investing in DXYZ, emphasizing that it is not an ETF and operates under a limited company structure, which means it doesn't have to meet all the SEC standards applicable to stock companies. Despite being registered with the SEC, it may not be as transparent as typical stock companies. The speaker also mentions a recent event where DXYZ distributed up to 700,000 shares for free to the public, which is a significant and unprecedented move. The speaker expresses skepticism about the company's transparency, especially considering the small number of employees and their backgrounds. The speaker concludes by stating that while the stock has the potential for high returns due to its investment in innovative companies, the risks are also significant, and they personally choose not to invest due to the uncertainties involved.
Mindmap
Keywords
💡Destiny Tech
💡DXYZ
💡High-Growth Companies
💡Risk
💡Venture Companies
💡Investment Portfolio
💡Annual Fee
💡Non-Publicly Traded Stocks
💡Transparency
💡SEC Registration
💡Stock Airdrop
💡Investment Criteria
Highlights
The introduction of the stock 'Destyni Tech, 100' (ticker DXYZ) which has seen a remarkable fluctuation with a return rate of 272%.
DXYZ is not an ETF (Exchange-Traded Fund), which will be explained in more detail later in the transcript.
The stock was listed on March 26, 2024, and has since shown a significant return rate.
Invests in 100 high-growth companies, including venture firms and non-public stocks.
The annual fee for this stock is 2.5%, which is relatively high.
Currently, the stock only holds 23 assets, but the companies involved are highly impressive.
Significant investments in innovative companies like SpaceX (34.6%) and OpenAI (3.8%).
The stock allows general investors to invest in non-public innovative companies that were previously inaccessible.
The growth speed of non-public companies is astonishing, with SpaceX's market cap rising by an average of 45%.
OpenAI recently valued at 100 trillion won, growing threefold in just ten months.
The stock might be a dream stock for many due to its association with innovative companies.
A detailed analysis of the stock reveals several suspicious aspects that potential investors should verify.
Destiny, the company that created DXYZ, has only eight employees, none of whom appear to be particularly notable.
The company's headquarters is located in a building that raises questions about its legitimacy.
DXYZ is not an ETF and does not guarantee the return of the principal, which is a significant risk.
The company is registered with the SEC but does not have to meet all the standards of a typical stock company.
There was a news about DXYZ stock being airdropped for free, which is unusual for stocks.
The company's CEO suggests that the event allows people to gain the qualification to co-own the future.
The method of calculating the fair value of the companies invested in by DXYZ and how it reflects on DXYZ's stock price is unclear.
The risk of investing in DXYZ is high due to the nature of the companies it invests in, which are non-public and could become worthless.
The presenter decides not to invest in DXYZ due to the risks involved and prefers to invest in well-known companies like Google.
The presenter will continue to monitor the stock and share updates if there are any significant news.