The launch of Destiny XYZ’s new fund took Wall Street by storm when it began trading at the end of March, offering day traders and casual investors a way to buy into the prestigious world of private companies.
But better access shouldn’t be confused for a good deal; before consumers go running to invest in the fund, called Destiny Tech100 (DXYZ), they need to be fully aware of the risks, the hype and the bubble they’re potentially buying into. (Note: Destiny XYZ is not affiliated with the wealth management company I founded, Destiny Family Office.)
