NEW: Billionaire Wealth Management in the Mega-Liquidity Era How to financially prepare for SpaceX IPO, Cerebras, Anthropic, OpenAI, & more.. With Marc Andreessen & Ben Horowitz's Multi-Family Office Chief Investment Officer, Michel Del Buono (@MDB_CIO) We cover: - How $50M–$1B+ personal portfolios are actually constructed & managed - Pre-liquidity planning - QSBS stacking strategies - Secondary market SPV risks - Trust & estate structuring - BDC liquidity gates - Tax loss harvesting - Real assets & depreciation Plus.. private jets? 𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒 (00:00) Michel Del Buono, CIO at @a16z Perennial (01:05) The Billionaire office playbook (02:57) The 35% IRS trap (07:55) Multiply your QSBS benefits (11:48) Biggest Pre-liquidity mistakes (12:32) Why is diversifying a trap? (14:28) SPVs and Secondary traps (17:36) The cap table illusion (19:57) How does SPV carry actually work? (22:53) The SPV operator who fled (24:33) The private credit trap (28:38) Why endowments dump VC? (32:19) Public demand for private tech (35:08) Racing for AI equity (36:20) The data center tax loophole (39:36) The golden visa play (40:35) New York’s wealth tax (45:42) Shield your income with real assets (50:25) The Billionaire spending mindset (53:39) Buying vs Chartering jets (55:31) Dodging NGO scams