Pre-IPO deals for all, but beware

Bloomberg reported this only last week:

REMEMBER when we were all in awe after discovering that Tan Sri Vincent Tan made a killing on Facebook shares? Or when Khazanah Nasional Bhd revealed that they had made a multi-bagger for investing in Alibaba?

And now imagine if you as an individual (albeit only accredited or qualified investors) are going to be offered a chance to invest in a similar tech giant’s later stage pre-IPO deal?