The hot Fundrise VCX fund falls 45% as IPO mania subsides and investors get a crash course in risk

A buzzy fund offering access to pre-IPO AI companies such as Anthropic and OpenAI is trading well above the value of its underlying assets, even with its sharp recent decline. A buzzy fund offering access to pre-IPO AI companies such as Anthropic and OpenAI is trading well above the value of its underlying assets, even with its sharp recent decline.

Key takeaways

Quick scan — what you need to know:

• A buzzy fund offering access to pre-IPO AI companies such as Anthropic and OpenAI is trading well above the value of its underlying assets, even with its sharp recent decline.
• A buzzy fund offering access to pre-IPO AI companies such as Anthropic and OpenAI is trading well above the value of its
• underlying assets, even with its sharp recent decline. A buzzy fund offering access to pre-IPO AI companies such as Anthropic and
• OpenAI is trading well above the value of its underlying assets, even with its sharp recent decline.

Background

What led here, in plain terms:

• cess to pre-IPO AI companies such as Anthropic and OpenAI is trading well above the value of its underlying assets, even with its sharp recent decline.
• Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

• A buzzy fund offering access to pre-IPO AI companies such as Anthropic and OpenAI is trading well above the value of its underlying assets, even with its sharp recent decline.
• A buzzy fund offering access to pre-IPO AI companies such as Anthropic and OpenAI is trading well above the value of its
• underlying assets, even with its sharp recent decline. A buzzy fund offering access to pre-IPO AI companies such as Anthropic and