POPA ReconTaking Stock, For Real - $8.4 trillion in private companies. About $4.6 trillion of it is real
Taking Stock, For Real - $8.4 trillion in private companies. About $4.6 trillion of it is real The VC backed startup eco is contracting as new company entries decline and the primary exit paths flip from public IPOs to acquisitions or shutdowns This market slowdown reveals that $3.8t of the $8.4t private market capitalization is tied to stale, unverified valuations from the 2021 peak https://uninvitedcapital.substack.com/p/issue-008-taking-stock-for-real
The excerpt is quoted from a public Telegram channel, which owns its text.