alt Hacker NewsMost 401ks and pension funds do not invest in pre IPO companies, this is just blatant misinformation
Replies
drdrey • today at 12:33 AM
some pension funds definitely do
bryan_w • today at 12:23 AM
Who said anything about 401ks?
Most 401ks and pension funds do not invest in pre IPO companies, this is just blatant misinformation
some pension funds definitely do
Who said anything about 401ks?
> Most 401ks and pension funds do not invest in pre IPO companies
Pensions do, individuals don’t.
“Less than 1% of the $14 trillion in assets in the defined contribution retirement system is invested in private markets, compared with approximately 24% for U.S. public pension funds and 17% for private pension funds as of 2023” [1].
[1] https://bipartisanpolicy.org/article/the-role-of-private-mar...