equity fund
a.k.a. stock fundA mutual fund that invests principally in stocks. Stock mutual funds are principally categorized according to company size, the investment style of the holdings in the portfolio, and geography.
Historical perspective: Giphy, a search engine for animated GIFs, raised $75 million in equity funding in November 2016, giving it a valuation of $600 million.That is more than twice what Amazon CEO Jeff Bezos paid for The Washington Post in 2013. Giphy says 100 million people see its GIFs each day, but it is still looking for a way to generate revenue.
NetLingo Classification: Online Business
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