rbtfl.
Committed but undeployed private capital held by VC and PE funds worldwide, now near US$3.7 trillion in PE alone, concentrated in mega-managers as smaller funds struggle to raise.
·3 takes ·Jul 3
The global market for technology companies going public, a cyclical barometer of risk appetite that drove US$47bn in US proceeds alone in 2025 and now awaits OpenAI and SpaceX.
·5 takes ·Jul 3

The briefing, by email