private markets
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Aug 23, 2022 by Benedict Evans · across every show →
Everything said about private markets, oldest first
Aug 23, 2022 neutral
Evans: Modern tech company returns occur mostly in private markets pre-IPO
“Tech companies of the eighties and nineties, like 80 or 90% of the returns to investors came in after the IPO. Let's say IPO at a hundred million dollars, and then they end up being a fifty billion dollar company. Whereas for something like Google or Facebook …”