public markets
also referred to as: public market
3 statements across 3 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Nov 15, 2024 by Sam Lessin · across every show →
Everything said about public markets, oldest first
Nov 15, 2024 bearish
Sam Lessin: Momentum investing fails at the seed stage
“The problem with doing it at seed is that the lead time from when you invest to the realization is so long that you might have gotten in front of the parade, but that doesn't mean you made any money. Whereas if you do it in the public markets, it's great, righ…”
Jan 4, 2025 negative
Sam Lessin: Momentum investing fails at seed because realization takes too long
“The problem with doing it at seed is that the lead time from when you invest to the realization is so long that you might have gotten in front of the parade, but that doesn't mean you made any money, whereas if you do it in the public markets, it's great, righ…”
Apr 25, 2025 neutral
Lessin: Venture capital has fractured into three incompatible market tiers
“There's no longer a single venture capital market or a capital market. There's at least three that are actually distinct and not very interoperable. There's the public market. There's late stage private and there's early. And the thing about it is the valuatio…”