Twitxy Saved

Dim Selk

Verified account This account is verified. Learn more

@dim_ss

Investments at Selini Capital
Joined January 2018
1K Following 5.2K Followers 1.6K Posts

Latest posts 5

Dim Selk Verified account @dim_ss
Unironically, private markets are deeper on the bid side than public; price discovery is happening through SPVs that are now widely accessible.

Like, wdym my uncle can buy a triple wrapped SPV for OpenAI at $900bn. Exit to who exactly on IPO?
José Maria Macedo Verified account @ZeMariaMacedo Mar 20
Robbinhood Ventures, which holds some of the best private companies (Databricks, Stripe, Revolut, etc), went public on NYSE and is trading at a ~10% discount to NAV

Not a good sign for private market valuations when liquid wrappers trade *below* the illiquid underlying
View quoted post on X
2 replies 0 reposts 41 likes 6.7K views View on X