WE'VE MOVED!

We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
Options

Private Company Index

Jake453Jake453 subscriber Posts: 1
edited October 2007 in Accounting and Financial Management
I just heard about a new company that is creating a private
company index so that you can invest into the companies without them going
public.  Sounds like a great idea to me
but I was wondering if anyone else had heard anything about this.  The company is called Entrex.  Anyone know anything about this?  Thanks.
· Share on FacebookShare on Twitter Share on Google+

Comments

  • Options
    Jake453Jake453 subscriber Posts: 1
    No one seemed to know enough about this to respond before so I did a
    bit more research on this myself, and decided to post what I found in
    case anyone was interested. Well, it turns out I was wrong about one
    thing, I thought the Private Company Index was just starting up but I
    found a press release on Yahoo saying they were celebrating 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. (I placed the link to the press release below just in
    case anyone cares to see it)

    Anyways, just wanted to share the information. Hope it is useful to you.

    http://biz.yahoo.com/prnews/070913/aqth132.html?.v=12
    · Share on FacebookShare on Twitter Share on Google+
Sign In or Register to comment.