The number of IPO stocks hitting the market has hit a record pace in the last couple of years. However, by the time these high-growth businesses go public and are available for purchase by the average investor, valuations are often sky-high. Is there a way to get in on the action before the IPO?
One way to do so is via SVB Financial Group (NASDAQ: SIVB) , better known as Silicon Valley Bank. This financial institution gears its services toward what it calls the "innovation economy," giving owners of the stock exposure to various pre- IPO companies . Here's why it's a must-know bank for those that want to invest in early-stage fast-growing tech outfits.
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Want Access to Pre-IPO Tech Stocks? This Bank Has You Covered