"When the tide goes out, you see who's wearing the swim trunks."
Allocate CEO
@samirkaji says AI private market valuations are due for a pullback as early as next year.
"One of the most dangerous things to say in the investing world is 'This time's different.' Rarely is it completely different..."
"The challenge is when you have a new technology of this size and scale — especially moving this fast — the supply and demand for those companies change."
"Things do not go right when you plug so much capital with such speed."
"I don't know when gravity comes back in the private markets... But I would be willing to bet that within the next few years, we're going to see some kind of pullback."