John Marsala, a New York-based technology consultant, wanted to get in on the next Uber. But unless you're on Sand Hill Road or happen to be friends with Marc Andreessen, accessing those sorts of deals is pretty tricky.
Marsala spent decades investing in large cap public stocks and placing small bets in private equity deals. He watched individual private companies grow, but stayed away for fear of getting burned on one deal.
Now he's investing 5 to 10 percent of his personal wealth in the SharesPost 100 Fund, a basket of late-stage start-ups which aims to mitigate the inherent risk of picking winners.
"I think diversification, the ability to have someone else who's knowledgeable pick your stocks and ones that you may not have access to — it's a very good thing," said Marsala.