Jeff Wang

And if we were doing our jobs right, I think we should know that company better than anyone else in the world.

And if we were doing our jobs right, I think we should know that company better than anyone else in the world.

I think it still helps. I mean, I've known, for example, I've known Daveed, but I've also known the CFO Wago for a long time before he was the CFO at the company. There's only so much that Doug can say, look, go help this person or go help that person, go make these connections. There's a part of it that just has to be organic, right? Right.

I think it still helps. I mean, I've known, for example, I've known Daveed, but I've also known the CFO Wago for a long time before he was the CFO at the company. There's only so much that Doug can say, look, go help this person or go help that person, go make these connections. There's a part of it that just has to be organic, right? Right.

I think it still helps. I mean, I've known, for example, I've known Daveed, but I've also known the CFO Wago for a long time before he was the CFO at the company. There's only so much that Doug can say, look, go help this person or go help that person, go make these connections. There's a part of it that just has to be organic, right? Right.

So I think also having a perspective on these companies from a competitive standpoint also helps us inform public market investing and vice versa. And then we're also able to allocate between publics and privates based on where we see the best opportunities at that specific moment. And so right now, for example, we do not see for SCGE as many opportunities in the private markets.

So I think also having a perspective on these companies from a competitive standpoint also helps us inform public market investing and vice versa. And then we're also able to allocate between publics and privates based on where we see the best opportunities at that specific moment. And so right now, for example, we do not see for SCGE as many opportunities in the private markets.

So I think also having a perspective on these companies from a competitive standpoint also helps us inform public market investing and vice versa. And then we're also able to allocate between publics and privates based on where we see the best opportunities at that specific moment. And so right now, for example, we do not see for SCGE as many opportunities in the private markets.

And so most of our attention is actually on the public markets. And so we can flex between those depending on where we see the opportunity set. One other thing is over the last few years, there have been a lot of tourists, as you know, a lot of tourists, mostly on the hedge fund side who have dabbled in private markets and they've gotten burned. Those tourists are out of the market.

And so most of our attention is actually on the public markets. And so we can flex between those depending on where we see the opportunity set. One other thing is over the last few years, there have been a lot of tourists, as you know, a lot of tourists, mostly on the hedge fund side who have dabbled in private markets and they've gotten burned. Those tourists are out of the market.

And so most of our attention is actually on the public markets. And so we can flex between those depending on where we see the opportunity set. One other thing is over the last few years, there have been a lot of tourists, as you know, a lot of tourists, mostly on the hedge fund side who have dabbled in private markets and they've gotten burned. Those tourists are out of the market.

We don't see them anymore. And so I do think the crossover market is getting more attractive and it's getting more attractive as this one tourist exit and two, as the IPO markets open up again.

We don't see them anymore. And so I do think the crossover market is getting more attractive and it's getting more attractive as this one tourist exit and two, as the IPO markets open up again.

We don't see them anymore. And so I do think the crossover market is getting more attractive and it's getting more attractive as this one tourist exit and two, as the IPO markets open up again.

I'm not sure because the public markets are still the biggest. I mean, they're the biggest capital markets. It is freely tradable. Liquidity is important for a lot of institutions. And I do think there is still for companies still a big branding event when you go public. There will be value to companies going public.

I'm not sure because the public markets are still the biggest. I mean, they're the biggest capital markets. It is freely tradable. Liquidity is important for a lot of institutions. And I do think there is still for companies still a big branding event when you go public. There will be value to companies going public.

I'm not sure because the public markets are still the biggest. I mean, they're the biggest capital markets. It is freely tradable. Liquidity is important for a lot of institutions. And I do think there is still for companies still a big branding event when you go public. There will be value to companies going public.

I don't know when some of these big companies that have stayed private for a long time are going to go public. But look, I look at, say, Aclarna. I mean, Sebastian clearly wants to go public. There are a lot of reasons for that. And I think employees want these companies to go public, right? They're excited about it.

I don't know when some of these big companies that have stayed private for a long time are going to go public. But look, I look at, say, Aclarna. I mean, Sebastian clearly wants to go public. There are a lot of reasons for that. And I think employees want these companies to go public, right? They're excited about it.

I don't know when some of these big companies that have stayed private for a long time are going to go public. But look, I look at, say, Aclarna. I mean, Sebastian clearly wants to go public. There are a lot of reasons for that. And I think employees want these companies to go public, right? They're excited about it.