Francisco Based Forge Global Inc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Start-up brings unicorns to masses
By Andy Mukherjee / Bloomberg Opinion
Why should only the wealthy get to ride unicorns to further riches?
Privately held firms with at least US$1 billion in value come with daunting price tags that freeze out ordinary investors. Banks that help unicorns raise money are glad to chalk up a few bulky subscriptions US$1 million and more from top clients. It works fine with regulators who do not want the general public to lose their life savings on risky bets.
Were the ticket, say, US$1,000, even affluent millennials might want to take a punt on the next Facebook Inc or Uber Technologies Inc without having to wait for a stock market debut. ....

New Zealand , France General , Hong Kong , South Korea , Andy Mukherjee Bloomberg , Yee Choo , Sanjay Mathur , Zealand Banking Group Ltd , Ant Group Co , Morgan Stanley , Square Inc , Airbnb Inc , International Labour Organization , Holdings Ltd , Robinhood Markets Inc , Spotify Technology , Doordash Inc , San Forge Global Inc , Facebook Inc Or Uber Technologies , Andy Mukherjee , Facebook Inc , Uber Technologies Inc , Francisco Based Forge Global Inc , Snap Inc , Peter Thiel Backed , Southeast Asia ,