Latest News
Destiny Tech100 Inc. Reports First Quarter 2025 Results
Business Wire: June 13th, 2025
Destiny Tech100 Inc. (NYSE: DXYZ) today announced financial results for the quarter ended March 31, 2025. The fund reported a net asset value (NAV) of $6.31 per share of common stock, from $6.44 per share at the end of the fourth quarter...
Destiny Tech100 Inc. Reports Fourth Quarter 2024 Results
Business Wire: April 4th, 2025
Destiny Tech100 Inc. (NYSE: DXYZ) today announced financial results for the quarter ended December 31, 2024. The fund reported a net asset value (NAV) of $6.44 per share of common stock, an increase from $5.32 per share at the end of the third quarter...
Elon Musk-Loving Day Traders Are Sweeping Speculative Markets
Bloomberg: November 12th, 2024
Destiny Tech100 Inc. (ticker DXYZ), which holds shares of private-market unicorns like SpaceX and Sam Altman’s OpenAI, has already surged roughly 280% over the past week since Trump recaptured the presidency...
This Fund Is Feeling the Trump-Musk Magic. A SpaceX Investor Scores Astounding Gains
Barron's: November 8th, 2024
Elon Musk’s Tesla is getting a Trump bump, with a gain in the stock price of nearly 30% since Wednesday. But a fund that has a big stake in Musk’s other high-profile company, SpaceX, has done far better since Election Day...
Destiny XYZ Raises $9.4M “Series A” to Bring Public Access to Private Tech
Destiny XYZ: April 16th, 2024
In a landmark move following the successful listing of Destiny Tech100 (“DXYZ”) on the New York Stock Exchange, Destiny XYZ Inc. (“Destiny”) announced today that it has successfully sold 350,000 shares of DXYZ for a total of $9.43 million. The proceeds of these sales...
Money Stuff The Podcast: Law is Law: DXYZ, MNGO, BLS
Bloomberg: April 12th, 2024
PODCAST: Money Stuff The Podcast: Law is Law: DXYZ, MNGO, BLS
Destiny CEO Sees Private-Tech Fund Surge as a ‘Discovery Process
Bloomberg TV: April 11th, 2024
VIDEO: Destiny CEO Sees Private-Tech Fund Surge as a ‘Discovery Process'
D/XYZ CEO dives into launch of new fund to invest in private tech
CNBC Fast Money: April 10th, 2024
VIDEO: Sohail Prasad, D/XYZ CEO, joins ‘Fast Money’ to discuss a new way for investors to get into start-ups.
DXYZ and the closed-end fund puzzle
Axios: April 10th, 2024
For proof that markets are inefficient, you don't need to look much further than closed-end funds, and other vehicles that behave like them...
A Meme Stock for Private Companies
Bloomberg: Money Stuff: April 9th, 2024
We talked yesterday about the Destiny Tech100 fund, but I worry that I did not sufficiently emphasize how wild it is...
Public Markets are the new Private Markets
Bloomberg: Money Stuff: April 8th, 2024
A not uncommon situation is: You are an employee of a hot tech startup, you own stock in your startup, but you can’t sell it. One reason that you might not be able to sell it is that the company isn’t public yet...
Want to Invest in SpaceX or Stripe? There’s a Fund for That.
The New York Times: April 5th 2024
A new publicly traded fund allows individual investors to own a piece of 23 private tech companies, including Stripe, SpaceX, OpenAI and Discord...
Destiny: Disrupting Blackrock
The Generalist: January 25th, 2023
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...
Fund to Let Retail Investors Bet on Early Tech Startups
Wall Street Journal: October 14th, 2021
Regulators typically limit the purchase of private shares to individual investors with a net worth of more than $1 million or annual income above $200,000...