Mega-Rounds Transfer Asset Appreciation From Public to Private Markets
Scott Kupor · Scott Kupor - Andreessen Horowitz (First Meeting EP.07) · Sep 2, 2019 · at 46:54
Scott Kupor (Managing Partner at Andreessen Horowitz) discusses the growth of large late-stage private funding rounds by institutional asset managers and sovereign wealth funds.
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“I think really most of this is really just a wealth transfer of appreciation from the public markets into the private markets, and many of these people have lower costs of capital, right?”
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