Capital markets suffer from public hyper-liquidity but zero private liquidity
Henry Ward · 20VC: eShares' Henry Ward on Why Portfolio Theory Is Wrong? Why Investors Will Never Take Market Risk & Why You have To Have A Line of Sight To A $Bn Outcome · Jan 6, 2017 · at 12:38
Henry Ward, founder and CEO of eShares (Carta), explains the structural liquidity void facing late-stage private companies.
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“I think one of the big problems structurally in the capital markets world today is we have an environment of hyper liquidity in the public universe, and then zero liquidity in the private. And there's literally nothing in between right now.”
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