Chief Executive Officer of Crestone Wealth Management Michael Chisholm says investor access to the quickly growing technology sector is an important investment and social consideration in the current market cycle.
Mr Chisholm said access to private equity or venture capital funds, which are uncorrelated to traditional asset classes, can help cushion portolios against any equity market downturn.
Crestone recently invited a group of Australia’s leading venture capital (VC) investors to provide their views on technology. The panel included Paul Bassat, Co-Founder and Partner from Square Peg Capital, Daniel Petre, Co-Founder and Partner from AirTree Ventures, Niki Scevak, Managing Director and Founder from Blackbird Ventures, Emma Weston, Co-Founder and CEO from AgriDigital.
The panel concluded that VC investors should target technology businesses with a sustainable differentiation over a long period, which can help to build wealth over time and protect portfolios against an equities market downturn.