You're listening to a Sheesis podcast. You're all about democratizing access to private equity. I'm really curious to see why you're so passionate about that. Well, so, for the last twenty years, we've seen et aps increase from about one trillion to about thirteen trillion dollars. In corresponding with that growth in et apps, we've seen a similar, almost identical increase in private equity, growing from one trillion to thirteen trillion.
And now so we've seen this parallel path of two fairly large markets increase in size, considerably increase in size thirteen acts. But yet we haven't seen any sort of crossover, no linkage, and so we're excited to provide opportunity for retail investors to finally access to this private market that
they've been precluded from investing in all these years. What are the risks though, First and foremost the risk that investor would have in our funds, which is the same that they would have, for example, if they invest in the QQ queues or other growth oriented indices that invest heavily in tech and healthcare. Is the market movement? So if interest rates rise tech in other securities which are considered long duration. Long duration means you get more of
your benefits in the future. Those types of stocks are going to suffer when interest rates go up, or when this market volatility, or when markets contract. So you investors tend to see when when investors, when investors get nervous, they tend to move more to value, or they tend to move to cash, or they tend to move to bonds. When you come to private equities, you'll see it's probably
even more exacerbated in the marketplace like that. So for example, one of the stocks, and even though the private markets have been you know, showing with SpaceX, you know, some of the secondary markets are showing SpaceX you know doing well and so forth, which you know, we would expect that you know, to do well based on a lot of idiosyncratic conditions. Some of the pure benchmarks in this
market are moving. So sometimes you'll see privates not correspond with those movements because the other public markets are moving daily and privates may be seeing a stationary They tend to move in step function. They can move into step function both up and they can move into step function down. And as we saw in twenty one and twenty two, privates you know, we're moving in a step function down now we're seeing you know, over the last couple of
years markets were more positive, more growth oriented. We saw privates appreciating during twenty twenty three and twenty twenty four, early part of twenty twenty five, and we'll see soon. For example, probably our best litmus test is going to be one of our holdings, Klarna. We'll see how it comes up. We bought it an evaluation of market evaluation twelve billion. Well, it's going to come out to peer benchmarks like a firm. There's a company in Australia called
after Pay that was bought by Block. You'll we'll see very soon how the market is valuing these and we expect our stock to move comparable to these valuations as well. So we'll have a we'll have a pretty good insight fairly soon, probably within the next few weeks, how how that particular private security is holding up or not. When market information comes out and investing involves risk, you might lose the money you start with. We recommend talking to
a licensed financial advisor. We also recommend reading product disclosure documents before deciding to invest.