private market ecosystem
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Feb 24, 2023 by Joey Levin · across every show →
Everything said about private market ecosystem, oldest first
Feb 24, 2023 negative
Levin: Private market participants are incentivized to maintain pretend valuations
“Everyone in the ecosystem is incentivized and able to maintain sort of pretend valuations. Meaning the investors want to keep their marks where they are. Their LPs actually want them to keep their marks where they are because they don't want to look bad. The c…”