Monday, March 25, 2013
Silver Spring IPO Portends Well For GSV Capital's Valuation
While the IPO of Silver Spring Networks (SSNI) should portend well for the valuation of GSV Capital (GSVC), its stock has plunged since Silver Spring went public last week. The IPO'd stock was supposedly one of the weaker holdings in the portfolio of private companies owned by GSV Capital, yet it surged beyond the offering price.
GSV Capital was established at the start 2011 to cater to investors in the public markets that wanted access to private firms. With limited positive outcomes on existing investments, the public markets are having a difficult time determining if GSV Capital provides a suitable investment vehicle.
Read the full article at Seeking Alpha.
Disclosure: Long GSVC. Please review the disclaimer page for more details.