Firsthand Technology Value Fund, Inc.: Business Overview, Financials & Competitive Analysis
Firsthand Technology Value Fund, Inc. scores 2/10 on the AskCyborg Cyborg Score (Challenged). Severely diminished capital base and ongoing valuation decline make this fund a high-risk vehicle with severely limited venture investment capacity. The fund has experienced a prolonged capital deterioration, with NAV collapsing from $23.66/share in 2012 to $0.02/share by April 2026 (99.9% decline). Current assets of ~$0.2M with.
What is Firsthand Technology Value Fund, Inc.'s industry? Firsthand Technology Value Fund, Inc. (firsthandtech.com) operates in Venture Capital. AskCyborg classifies Firsthand Technology Value Fund, Inc. under Venture Capital in its company registry.
Firsthand Technology Value Fund, Inc. (OTCQB: SVVC) is a publicly traded venture capital fund that invests in technology and cleantech companies, operating as a non-diversified, closed-end investment company that has ...
Cyborg Score thesis
Severely diminished capital base and ongoing valuation decline make this fund a high-risk vehicle with severely limited venture...
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Get Current Report FreeFirsthand Technology Value Fund, Inc. Overview
Pro stress-test →Firsthand Technology Value Fund, Inc. (OTCQB: SVVC) is a publicly traded venture capital fund that invests in technology and cleantech companies, operating as a non-diversified, closed-end investment company that has elected to be treated as a business development company. The fund seeks to invest in pre-IPO companies, including those with operating histories that are unprofitable or marginally profitable, that have negative net worth, or that are involved in bankruptcy or reorganization proceedings.
Strategic Profile
Pro stress-test →The Fund has experienced significant asset deterioration from its peak valuation in 2012 (when NAV reached $23.66 per share) to $0.01951 as of April 24, 2026. As of June 30, 2025, net assets were approximately $0.7 million ($0.11 per share), down substantially from historical levels. The fund's strategy focuses on early-stage and venture-backed technology companies, though current asset base severely limits investment capacity.
Competitive Landscape
Pro stress-test →Firsthand competes in the closed-end venture capital fund space alongside larger BDC vehicles such as Horizon Technology Finance, TriplePoint Venture Growth Bank, and general venture capital funds. Unlike larger, well-capitalized competitors managing billions in assets, Firsthand operates with a severely constrained asset base (~$0.2M), limiting its competitive positioning and ability to deploy meaningful capital into early-stage technology companies.
Industry Context
Firsthand Technology Value Fund, Inc. operates in Venture Capital.
Key facts
Founded: 1988 · Headquarters: San Jose, US · Revenue: N/A · Market cap: $0.3M