The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.
A new publicly traded fund allows individual investors to own a piece of 23 private tech companies, including Stripe, SpaceX, OpenAI and Discord.
The payments processing start-up was valued at $95 billion in 2021, but private company dealmaking has been hurt by souring global economic conditions.
Thrive has committed $1 billion, which would value the payments provider Stripe at about $55 billion to $60 billion, people with knowledge of the matter said.
The payments processing start-up, one of the world’s most valuable private companies, could go public in the next year, people with knowledge of the matter said.
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