Paul Kedrosky
speaker
1,259 appearances
4 recordings
2 series
first heard Apr 2026
last heard 4d ago
Paul Kedrosky’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in Sep 2026 with 1.
Appearances
It's imp obviously impossible to know what demented things public markets will do if you float.
And this is the key.
It depends on the size of the floating
Right?
That's the thing.
So if I do something like I do a SpaceX and I float a tiny sliver of my potential public, eventual public issuance, you can get any price you want in terms of
An eventual valuation.
And so that'll be the key.
It's really comes down to how cynical Sam wants to be in terms of whatever he decides to float.
Because at a small enough float, you can do anything.
You can you can get I could get, you know, any any valuation I want in the public markets.
Of course, what happens then is at a small float, when I then bring the rest of the stock out, six months the employees all leave lockup and all of that stuff comes to market.
Well, then the the stock, of course, promptly craters.
uh or at least creators in anticipation of it.
And so, you know, my expectation is the higher the valuation we see today, the smaller the float will be and the more cynical the i eventual IPO will be in terms of trying to manipulate the price.
Yeah, yeah, yeah, yeah.
So you'll never you have to think about it in terms of if I'm a large institutional investor, not a retail investor.
I you know, retail investors, God bless them.
But if I'm putting in a like say fifty to a hundred million dollars or something like this, some giant sovereign amount of money into this at this price, my expectation has to be that I'll be able to sell fairly quickly post-IPO at a significant bump up.
Well, fine.
Showing 481–500 of 1,259 · page 25 of 63
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