Lorenzo Valente(@LorenzoARK):Stay-private-for-longer built a secondary market that's frankly berserk on liquidity. Forget public companies. Some of these private names trade more daily volume than plenty of listed ones. You can exit a position in a day. And they now run tender offers every 6-12 months. Semi-priced rounds on a schedule. I don't see why price discovery here shouldn't be more transparent and efficient. And frankly, futures and derivatives on some of these names make a lot of sense. Why shouldn't you be able to buy calls or puts on Anthropic or Databricks? Tokenization and crypto rails are built for exactly this. More efficient, more liquid, more accessible.

2026.07.21 21:22

Stay-private-for-longer built a secondary market that's frankly berserk on liquidity. Forget public companies. Some of these private names trade more daily volume than plenty of listed ones. You can exit a position in a day. And they now run tender offers every 6-12 months. Semi-priced rounds on a schedule. I don't see why price discovery here shouldn't be more transparent and efficient. And frankly, futures and derivatives on some of these names make a lot of sense. Why shouldn't you be able to buy calls or puts on Anthropic or Databricks? Tokenization and crypto rails are built for exactly this. More efficient, more liquid, more accessible.