Since December 2020, 5 companies from the pre-IPO fund managed by Raison Asset Management have become public at once. These are Airbnb, DigitalOcean, Coursera, Blend Labs, and Robinhood.
The average current return for 5 companies equals 160%.
Airbnb had a 90.60% return on investment before the success fee deduction. For the rest of the companies, the lock-up period is still in place. The current return is 138% for DigitalOcean, 94% for Coursera, 12.6% for Blend Labs, and 248% for Robinhood.
Airbnb
Return — 90.60% before commissions.
Purchase: January 2020 at $71.93.
Sale: July 20, 2021, at $137.1
The profit is distributed to investors.
DigitalOcean
The current return is 138%.
Purchase: September 2020 at $23.10.
Revaluation: Aug 13, 2021 at $54.98
Lockup until the end of September 2021.
Coursera
The current return is 94%.
Purchase: September 2020 at $20.
Revaluation: Aug 13, 2021 at $38.80
Lockup until the end of September 2021.
Blend Labs
The current return is -12.6%.
Purchase: February 2021 at $20.97.
Revaluation: Aug 13, 2021 at $18.32
Lockup until the end of December 2021.
Robinhood
The current return is 248%.
Purchase: July 2020 at $13.82.
Revaluation: August 13, 2021 at $48.10.
Lockup until early December 2021.