Since December 2020, 6 companies have gone public that were included in the pre-IPO fund managed by Raison Asset Managment. The list includes such companies as Airbnb, DigitalOcean, Coursera, Blend Labs, Robinhood, and Momentus.
The average return for all 6 investments — 89,8%.
Airbnb had a 90.6% profit on investment before the fee deduction. Profit on DigitalOcean — up to 136%: 90% of shares are sold, the remaining 10% are expected to be delivered to a brokerage account and sold in the nearest future.
Coursera shares gained 92.3%, Blend Labs — 22.8%, Robinhood — 220.7%, the lock-up period continues to be in place.
Airbnb
Return of 90.60% before commissions.
Purchase: January 2020 at $71.93.
Sale: July 20, 2021, at $137.1.
The profit is distributed to investors.
DigitalOcean
Return of 136% before commissions.
Purchase: September 2020 at $23.10–23.80.
Sale: August 24, 2021 at $54.57 (90% stake).
The process of distribution of profits to investors is in progress.
Coursera
The current return is 92.3%.
Purchase: September 2020 at $20.
Revaluation: September 1, 2021 at $38.47.
Lockup until the end of September 2021.
Blend Labs
The current loss is -22.8%.
Purchase: February 2021 at $20.97.
Revaluation: September 1, 2021 at $16.19.
Lockup until the end of December 2021.
Robinhood
The current return is 220.7%.
Purchase: July 2020 at $13.82.
Revaluation: August 13, 2021 at $44.3.
Lockup until early December 2021.
Momentus
The current return is 21.9%.
Purchase: October 2020 at $10 + warrant.
Revaluation: September 1, 2021 at $10.3 + MNTSW warrant $1.88.