Private Markets

The universe of investments — venture capital, private equity, private credit, and direct deals — that trade outside of public exchanges. Kyle’s essay The Blackstone of Innovation frames the opportunity around building “an index fund of private markets,” treating high-frequency-but-diversified private investment as a scalable strategy analogous to public index funds. Related concept: Private Market Liquidity.

Where this appears

• 1- the Version of the… (tweet)
• Today, We Launch @sacrainc’s First… (tweet)
• The Blackstone of Innovation