Chapter
Private Tech Companies and their Potential Market Cap
49:26 - 54:30 (05:03)
Private tech companies currently make up about 8-10% of the world's market cap of all public companies, but have the potential to become worth more than the $46 trillion market cap of all public companies in the next 20-30 years. While some may worry about the concentration of wealth among specific individuals, the growth of these companies will ultimately benefit society as a whole.
Clips
The total market cap of all private unicorns in the world is $3.4 trillion, showcasing the immense value of these companies.
49:26 - 50:03 (00:37)
Summary
The total market cap of all private unicorns in the world is $3.4 trillion, showcasing the immense value of these companies. Despite this, concerns over excessive spending and waste still remain.
ChapterPrivate Tech Companies and their Potential Market Cap
EpisodeE49: Coinbase CEO reflects on controversial blog, state of the markets, 1000 unicorns, tax reform & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Private tech companies currently make up roughly 8-10% of the world's market cap, but over the next 20-30 years, these companies may surpass the market cap of all other public companies, leading to a better world through technological advancements.
50:03 - 54:30 (04:26)
Summary
Private tech companies currently make up roughly 8-10% of the world's market cap, but over the next 20-30 years, these companies may surpass the market cap of all other public companies, leading to a better world through technological advancements.