Balancing risk in a portfolio

Pre-IPO allocations should usually complement, not replace, a diversified public market portfolio. Because these investments are illiquid and often higher risk, investors need to be intentional about position sizing, time horizon, and exit expectations. It helps to work with platforms that are transparent about stage, valuation, and potential downside. If you are trying to understand where these deals might fit in a broader asset allocation, a detailed guide to the best pre-IPO investment platforms can provide the context you need to make more informed, balanced decisions.