-
Private Company Index
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
-
Well since no one else seemed to know anything about this I did some research and thought I would post what I found in case anyone cares. Sorry about the delay in my response but I forgot all about it for a while during the holidays.
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.
Here is where the yahoo press release is located. Private Company Index Has 2 Year Returns 420% of Public Market Performance: Financial News - Yahoo! Finance
Here is another press release I found that talks about their last quarter which showed monthly grow nearly three times greater than the NASDAQ index. Index of Private Company Performance Kicks off Q4 with an Energetic Climb - PR.com
Anyways, just wanted to share the information. Hope it is useful to you.