Last Thursday, a tech start-up called Square (NYSE: SQ) went public. For investors who got in early, when the company was still young and private, champagne corks should have been flying— After all, Square’s IPO gave the company a value of nearly $3 billion.
The market’s had a great run recently: Since bottoming out in 2009, the Dow has more than doubled. To celebrate, Wall Street’s been partying like it’s 1999.
At Crowdability, we often tell you about exciting start-ups that are raising capital: Some are building flying cars… Others are helping manage diseases like Parkinson’s… Still others are developing technology to put bank lenders out of business.
Last week, as part of The Angel Initiative, Wayne wrote about the massive profits investors can earn when they get in early . But here’s the thing: Historically, the only folks able to capture these profits were big venture funds.
Editor’s Note: It’s “Behind the Scenes” month here at Crowdability. For the rest of March, we’ll bring you deep into a year-long research project we’ve been conducting.