Destiny: Disrupting BlackRock
Serial founder Sohail Prasad has raised $100 million to build a public index of tech’s best private startups. Its ambitions could see it compete with the world’s biggest investment manager.
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The modern investment management firm is building the “Tech100,” an index of 100 high-growth tech businesses. The ETF is expected to list on the NYSE later this year. You can think of it as a version of SPY or QQQ for the private markets.
When the Tech100 launches,…