public markets

4 statements across 2 episodes · 0 bullish · 3 bearish · 2 people on the record · first statement Oct 22, 2025 by Dan Sundheim · across every show →

Everything said about public markets, oldest first

Oct 22, 2025 bearish

Opinion

Sundheim: Premier private companies like Stripe should not go public

“I mean, if I ran a private company like Stripe, I wouldn't go public.”

Dan Sundheim Oct 22, 2025 ▶ 1:28:58 Dan Sundheim of D1 Capital on the art of public market investing

Oct 22, 2025

Disclosure

Sundheim: D1 usually buys public stocks before finishing investment memos

“We're having to get to the memo stage, and usually we start buying it before, because in the public markets, you know, if you have a good idea, you could take a month and a half to, like, write a memo, but by that time, the price may have moved. So usually we …”

Dan Sundheim Oct 22, 2025 ▶ 2:50 Dan Sundheim of D1 Capital on the art of public market investing

Oct 22, 2025 negative

Opinion

Public stock markets have become less efficient despite universal access to information

“It should be correctly priced because everyone has access to the same information. It's actually gotten less efficient over time, for sure.”

Dan Sundheim Oct 22, 2025 ▶ 1:32:28 Dan Sundheim of D1 Capital on the art of public market investing

Mar 10, 2026 bearish

Prediction Open · timeframe Mar 2036

Taylor: SaaS sector will likely lose value over the next ten years

“Will these companies be less valuable 10 years from now than now? I think the answer is probably yes. Will that be true for every individual company? I don't think that's true.”

Bret Taylor Mar 10, 2026 ▶ 51:07 Bret Taylor of Sierra on AI agents, outcome-based pricing, and the OpenAI board

public markets

Everything said about public markets, oldest first

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