GSV Capital Corp. Owns Positions in 5 of the Companies Featured in the 2015 CNBC Disruptor 50 List
WOODSIDE, Calif., May 18, 2015 (GLOBE NEWSWIRE) -- GSV Capital Corp. ("GSV") (Nasdaq:GSVC), owns positions in 5 of the companies featured in the 2015 CNBC Disruptor 50 list, 3 companies of which are represented in GSV's top 10 investments, as calculated by percentage of total portfolio. CNBC's annual Disruptor 50 list is determined by an advisory council of academics who specialize in entrepreneurship and innovation, and considers approximately 400 private companies, both in the U.S. and abroad, to highlight Disruptors across 16 industries.
"We are passionate about investing in game-changing, disruptive companies - what we call the 'stars of tomorrow,' " said Michael Moe, Chief Executive Officer of GSV Capital. "We are encouraged that CNBC recognizes a number of our portfolio companies for 'revolutionizing the business landscape,' and are confident in the long-term value we believe is being created in our overall portfolio."
Featured Portfolio Investments as of March 31, 2015
As of March 31, 2015, 3 of the featured companies in the CNBC Disruptor 50 list (Palantir, Dropbox, and SugarCRM) were among the top 10 investments in GSV's portfolio. In aggregate, the 5 featured portfolio companies accounted for approximately 23.1% of GSV's total portfolio value, excluding Treasuries.
| Select Investments at March 31, 2015 | ||||||
| $ in millions (rounded) | CNBC Ranking* | Fair Value | % of Total Portfolio | |||
| Palantir Technologies, Inc. | 7 | $ 46.4 | 11.6% | |||
| Dropbox, Inc. | 6 | 25.6 | 6.4 | |||
| SugarCRM, Inc. | 32 | 11.9 | 3.0 | |||
| Spotify Technology S.A. | 47 | 5.7 | 1.4 | |||
| Bloom Energy Corporation | 3 | 2.9 | 0.7 | |||
| Total (rounded) | $ 92.4 | 23.1% | ||||
* GSV does not have any association with CNBC's Disruptor 50 list ranking and methodology. Please see the complete CNBC Disruptor 50 list and descriptions of its featured companies at http://www.cnbc.com/id/102609977 for more information.
About GSV Capital Corp.
GSV Capital Corp. (GSVC) is a publicly traded investment fund that seeks to invest in high-growth, venture-backed private companies. Led by industry veteran Michael Moe, the fund seeks to create a portfolio of high-growth emerging private companies via a repeatable and disciplined investment approach, as well as to provide investors with access to such companies through its publicly traded common stock. GSV Capital is headquartered in Woodside, CA. www.gsvcap.com
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Forward-Looking Statements
Statements included herein may constitute "forward-looking statements," which relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the SEC. GSV Capital Corp. undertakes no duty to update any forward-looking statements made herein.
CONTACT: GSV Capital Corp.
William Tanona
(650) 235-4769
IR@gsvam.com
