Real estate investing giant Fundrise breaks into venture capital

Investing in private markets has long been reserved for the ultra-rich. Thanks to tech startups, though, the process is becoming much more accessible for those who aren’t members of the “one percent” of wealthiest Americans.
Fundrise, a company that allows anyone to invest in real estate with a minimum investment of just $10, is making a splashy entry into the venture capital market with the goal of raising a new $1 billion growth equity fund to invest in late-stage tech startups, it announced today. The new fund will be evergreen, meaning it will have an indefinite life, a s

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