Ventuals
What are perpetual futures?
Perpetual futures explained: how they work, funding rates, leverage, and why perps have expanded from crypto to equities and pre-IPO markets.
Emily Hsia|Apr 17, 2026
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Perps vs. Prediction Markets: Which Is Right for You?
Perpetual futures and prediction markets both offer price exposure without owning the underlying — but payoffs, risks, and use cases differ. A side-by-side guide.
Emily Hsia|Apr 17, 2026
What is Leverage?
Leverage explained: how it works in perpetual futures, a worked pre-IPO example, liquidation math, and how to pick a leverage level.
Emily Hsia|Apr 17, 2026
What is margin? Initial, maintenance, and liquidations
Margin is the collateral behind every perpetual futures position. Understand initial vs. maintenance margin, margin vs. leverage, and how liquidations happen.
Emily Hsia|Apr 17, 2026
What is the funding rate?
The funding rate is a recurring payment between longs and shorts that keeps a perpetual future's price anchored to spot. Here's how it works, with numbers.
Emily Hsia|Apr 17, 2026
What Are Perps? The ELI5 for Perpetual Futures
New to perps? Here's what perpetual futures are, how they work, and the one risk you need to understand — no jargon, no prior knowledge required.
Emily Hsia|Apr 17, 2026
How to Buy SpaceX Stock Before the IPO
SpaceX shares aren't on any exchange yet. Here are three ways to get exposure before the IPO — from secondary markets to perpetual futures.
Emily Hsia|Apr 16, 2026
How to Buy OpenAI Stock Before the IPO
OpenAI shares aren't on any exchange yet. Here are three ways to get exposure before the IPO — from secondary markets to perpetual futures.
Emily Hsia|Apr 16, 2026
Why You Can't Buy Private Company Stock (And What to Do Instead)
Private company stock is off-limits to most investors. Learn the three barriers — SEC rules, company gatekeeping, and illiquidity — and what you can do instead.
Emily Hsia|Apr 15, 2026
What Are Secondary Markets?
Learn what secondary markets are, how they work for private company shares, and how they compare to newer alternatives for pre-IPO exposure.
Emily Hsia|Apr 15, 2026
Why Invest in Private Companies Before IPO?
The median company now stays private for 14 years. Here's why more value creation happens before IPO and what it means for investors.
Emily Hsia|Apr 15, 2026
What Is an SPV? How Special Purpose Vehicles Work
Special purpose vehicles let accredited investors access private companies through a single pooled deal. Here's what you need to know.
Emily Hsia|Apr 15, 2026
Who Can Invest in a Company Before an IPO?
Find out who can invest in a company before its IPO, what each investor type can access, and how retail investors can get pre-IPO price exposure.
Emily Hsia|Apr 15, 2026
Two Ways to Invest in Private Companies: Ownership vs. Price Exposure
You don't have to be on the cap table to participate in a private company's upside. Learn the difference between stock ownership and price exposure.
Emily Hsia|Apr 14, 2026
What Is an Accredited Investor? (And Why You Don't Need to Be One Anymore)
An accredited investor meets SEC income or net worth thresholds to access private deals. Learn what qualifies you — and how to invest in private companies without it.
Emily Hsia|Apr 14, 2026
3 Ways to Invest in Unicorn Startups as a Retail Investor
Retail investors can participate in top startups through crowdfunding, ETFs, and derivatives. Compare all three paths — no accreditation required.
Emily Hsia|Apr 14, 2026
How to Invest in Private Companies: The 2026 Guide
Learn how to invest in private companies in 2026, including options for accredited investors, retail investors, and anyone seeking pre-IPO exposure.
Emily Hsia|Apr 13, 2026