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Anyone heard of a company called Entrex or the Private Company Index? Apparently they have developed a way for you to be able to invest in private companies, but I wanted to check to see if anyone has any experience with them before I decided whether or not to try it out. Any info you might have about them would be great. Thanks
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I did a bit more research on this since no one replied. Here it is in case anyone cares. I found a press release on Yahoo saying that the Private Company Index just celebrated their 2nd anniversary. The article also says a little about how they keep track of the companies financial info for investors. Lastly it says that so far it has shown a 420% greater return than the average of the Dow, NASDAQ and S&P Small Cap 600 indices performance in the same 24 month period.
Anyways, just wanted to share the information. Hope it is useful to you. -
Is that a typo? If not, it's makes me suspicious....Lastly it says that so far it has shown a 420% greater return than the average of the Dow, NASDAQ and S&P Small Cap 600 indices performance in the same 24 month period.Comment
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No typo. That is what the press release said. I didnt post the link to it before cause I dont have enough posts to be able to yet. Try this out.Originally posted by Broken Arrow View Post
biz(Dot)yahoo(Dot)com/prnews/070913/aqth132.html?.v=12Comment
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Thanks for the link I will have to check it.Comment
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Hehe. I just realized that my previous comment had a typo.
Anyways, here's my quick first impression on it. It tracks entrepreneurial companies, which I'm thinking start-ups. Very high risk, very high gain. It also has only 2 year performance on it, which in my opinion is too short of a time frame to take its performance numbers seriously. However, it does make for great marketing if you're hoping to drum up some capital.
And again, that's just my quick impression based on what little I've gleaned.Comment
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