Tech Startup Bubble Has America’s Retirement Funds Chasing Unicorns
by Tyler Durden
ZeroHedge.com
03/23/2015
A shift in the mutual fund industry’s stance towards grossly overvalued private tech startups may be embedding risk into the retirement accounts of unsuspecting Americans, suggesting that the rather creative valuations VCs and founders place on the latest app may be imperiling your 401k. It’s called “chasing unicorns.”
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