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The definitive research feed for the IPO pipeline. Analyzing late stage private giants before they hit the ticker. Tracking the world’s most valuable unicorns - OpenAI, SpaceX, Anthropic, and the next wave of compounders.

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Substack
PricingOnly free issuesPublishesWeekly
Issues10Founded2 months agoLast Issue10 days ago
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Latest Issues

Executive Summary; June Recap

I know that for many of you, the most valuable resource is your time. If you don’t have 25 minutes weekly to pore over in depth research, or if you flagged one of my posts as “need to read” and never had the time, this post is for you.

Thi...

10 days ago
19

The Breakdown: Substack

One of the greatest benefits of the technological development that has taken place with the internet is the ease of information at your fingertips. Today, information is easier than ever to access and nowhere is this more true than on Subst...

16 days ago
65
19

Discussing SpaceX, future IPOs, Crypto, Polymarket, the World Cup takes and more.

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24 days ago
36
2

The Breakdown: ByteDance

Chinese companies are often clouded in mystery. And ByteDance is no different. The company behind TikTok has been hit with thousands of lawsuits since inception, having to toe the line between the US government and their native Chinese gove...

24 days ago
28
15

The Breakdown: Isomorphic Labs

“Drug discovery is a messy problem. It can take upwards of a decade to get a drug all the way from the initial stages of a project all the way through onto the market…. 90% of compounds that enter the clinic don’t come out the other side. T...

a month ago
38
2

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  • The Private Ledger

    Research that helps you understand the world's best private companies before they become public investments. Deep dives into OpenAI, SpaceX, Anthropic, Stripe and the next wave of long-term compounders.

  • Learning.Investing.Thriving.

    Ex–Morgan Stanley & JP Morgan | Hedge Fund Vet | Now Teaching the Next Gen 20+ years in global markets. Equity trading. Hedge funds. Been there, done that. Creator of Learning.Investing.Thriving: Finance Made Simple.

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