GSV Capital: So Much More Than Twitter
The recent tweet of the pending Twitter IPO sent GSV Capital (NASDAQ: GSVC ) soaring, and rightfully so. The company is heavily invested in Twitter and no doubt will benefit from a big gain in an IPO. The business development company (BDC) that invests in venture-backed or pre-IPO companies is so much more than Twitter, though.
It has several other stocks in the IPO pipeline and recently raised nearly $70 million in a convertible offering for further investments.
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Disclosure: Long GSVC. Please review the disclaimer page for more details.