The amount of investors that can access US public stocks is ~1B
The amount of investors that have had access to invest in legitimate Anthropic/OpenAI directs or SPVs is likely in the tens of thousands
We are seeing an unprecedented privatization of wealth building opportunity
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Cobie says keeping $5 trillion of generational companies private could trigger a social revolution.
"It is really difficult for normal people to get access to the wealth that is being created."
"There was a privatization of effectively five trillion dollars, and I think this leads to social revolution."
"Every epoch has a period of peace, followed by elites diverging from the public and then social instability. They overthrow the elites and eat them or behead them."
"I think about this private market stuff quite a lot because it is effectively a complete betrayal of the capitalist system."
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