TLDR Tech / Fintech
a16z's David George on how private and public markets fused into one
Andreessen Horowitz partner David George explains why today's largest tech companies feel no urgency to IPO: private capital markets have become deep and liquid enough that firms can raise funds and provide liquidity without ever going public. He also discusses structural challenges in public markets, employee retention tools in private firms, and how AI and market dynamics are shaping decisions about if and when private giants like OpenAI or SpaceX might finally list.
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