This past week, something extraordinary happened: Ordinary investors like you and me were offered the chance to buy “shares” in some of the fastest-growing private companies on Earth. I’m talking about pre-IPO companies like OpenAI, Anthropic, even SpaceX.
A hairy question is making the rounds of the startup world: Can Artificial Intelligence (“AI”) make companies so productive that a startup with just one employee will be valued at $1 billion or more?
Here’s what we believe about the government: It does the most good by just getting out of the way. So it might come as a surprise that we’re so supportive of a new government initiative.
Take a look at these companies: Facebook… Airbnb… Coinbase… Instagram… Stripe… OpenAI… Robinhood. These are some of the most successful startups of our generation.
For decades, financial advisors have pounded the table about the “60/40” portfolio. The idea was simple: If the market was booming, your 60% allocation to stocks could grow your wealth.