Key insights
- The poster discusses the recent doubling in price of RVI, a fund investing in private companies, after it invested in OpenAI. The poster is seeking insight into the fund's movements and resources to track its holdings. The increase in price is likely due to increased valuation of OpenAI, but the lack of transparency makes it difficult to confirm. This may signal increased interest in AI-related private equity.
Does anyone know what's going on with RVI lately? I bought it as IPO, kind of a small volume, high risk bet. It didn't seem to move a whole lot until it bought into OpenAI.
Now it doubled over the week and I'm not sure why and it's really hard to find relevant information, considering it's like an ETF but for private companies. I don't have insight into company valuations or profits or much of anything, really.
Can anyone give insight why it's moving so much? Vibes? Is there a good resource to track what's going on inside the fund? Thanks!
(Disclosure: I have a 25 share stake)