It’s good to already own shares in Twitter.
Publicly traded funds like GSV Capital, which invest in private companies, got the bump they were waiting for after Twitter announced intentions to finally sell its shares on Wall Street.
GSV and a second company, Firsthand Technology Value Fund, were the major public companies into which any parties could buy shares and expose themselves to a bit of Twitter.
Funds of this ilk came up with their game plans in Facebook’s pre-IPO days when tech startups were an investing craze.
Shares in GSV spiked 13.9 percent Friday, closing at $13.83. The company owns 1.9 million Twitter shares, which it values at $19.80.
Not all of GSV’s private bets are blossoming, however, with investments in firm’s like Gilt and ZocDoc valued at less than their purchase price.
Investing in these private funds have proved to be a risky proposition.