Market Insights
Stay informed with our latest perspectives on late-stage technology investing, market trends, and systematic analysis of the evolving landscape.
Featured Analysis
Ignoring private innovation is no longer an option for tech investors
As private technology companies stay private longer and grow larger than any time in history, having exposure to these companies is rapidly transitioning from a nice-to-have to a necessity.
The VC Emperor Has No Clothes: Why the Primary Venture Market is Broken
Today's private market has transformed into something the original architects of venture capital might not recognize. The primary venture market prioritizes paper valuations over sustainable growth.
The Private Market's Biggest Lie: Why 'Discount to Last Round' Is a Dangerous Investing Myth
Private market investors obsess over a single metric when evaluating secondary opportunities: the discount or premium to the last funding round. This approach is fundamentally flawed.
Modern IPOs are Victory Laps, Not Starting Lines
Public markets have historically been the arena where companies grew from promising upstarts into industry titans. Today's IPO isn't a beginning—it's an exit.
Search Insights
Categories
Popular Tags
Recent Insights
Ignoring private innovation is no longer an option for tech investors
As private technology companies stay private longer and grow larger than any time in history, having exposure to these companies is rapidly transitioning from a nice-to-have to a necessity.
Modern IPOs are Victory Laps, Not Starting Lines
Public markets have historically been the arena where companies grew from promising upstarts into industry titans. Today's IPO isn't a beginning—it's an exit.
The Private Market's Biggest Lie: Why 'Discount to Last Round' Is a Dangerous Investing Myth
Private market investors obsess over a single metric when evaluating secondary opportunities: the discount or premium to the last funding round. This approach is fundamentally flawed.
The VC Emperor Has No Clothes: Why the Primary Venture Market is Broken
Today's private market has transformed into something the original architects of venture capital might not recognize. The primary venture market prioritizes paper valuations over sustainable growth.
The Great Rewiring: The Dawn of Shared Intelligence
Imagine walking into your office in 2030. The silence hits you first. Gone are the frenetic phone calls, the furious typing, the low hum of humans wrestling with spreadsheets and slides.
The Coming IPO Cycle: A $200B Powder Keg in Waiting
Renaissance Capital's 2025 IPO outlook projects 155-195 IPOs raising $40-55B in proceeds next year. More striking than the proceeds is the sheer scale of companies preparing to list.