private companies

4 statements across 4 episodes · 2 bullish · 2 bearish · 4 people on the record · first statement May 9, 2017 by Josh Brown · across every show →

Everything said about private companies, oldest first

May 9, 2017 bearish

Opinion

Public small caps no longer capture historical returns as companies stay private

“There is an argument to be made that absent private companies at this point, you're not really capturing what small caps historically gave you because these companies are not coming public anymore. They're coming public as large caps.”

Josh Brown May 9, 2017 ▶ 28:28 Josh Brown – When Witchcraft Failed (Capital Allocators, EP.06)

Jul 3, 2017 bearish

Opinion

Private Startups Are Valued Higher Than They Would Be in Public Markets

“End buyers, i.e. The acquirers or public markets, haven't, you know, been as forceful with enforcing price discipline, and so you have this inversion where, like, public, private companies are worth much more than they'd be worth in the public markets.”

Chris Douvos Jul 3, 2017 ▶ 49:38 Chris Douvos – Venture Capital's Super LP (Capital Allocators, EP.14)

Sep 30, 2024 bullish

Insight

Salem: Private companies compound capital far better than public equivalents

“Private companies are a superior way to compound capital relative to public. It's just that they're not as scalable.”

David Salem Sep 30, 2024 ▶ 45:24 David Salem - Investment Wisdom from the Owner's Box (EP.409)

Nov 6, 2025 positive

Insight

Financing employee stock options creates proprietary data on opaque private companies

“If you help a broad base of startup employees, you will end up with a ton of differentiated data on private companies that may or may not be out there in the world otherwise.”

Dave Thornton Nov 6, 2025 ▶ 15:16 Dave Thornton – Unlocking Venture Access Through Stock Options at Vested (EP.469)

private companies

Everything said about private companies, oldest first

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