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When Giants Don’t Go Public: Inside the $5 Trillion Private Tech Market

a16z Podcastby [email protected] (Joe Weisenthal, Tracy Alloway, David George)February 26, 20262 min read1 views
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Bloomberg's Odd Lots hosts Joe Weisenthal and Tracy Alloway speak with David George, general partner at a16z and head of the firm's growth fund, about why $5 trillion in tech market cap now sits in the private markets, how that figure has grown 10x in a decade, and what it means for founders, employees, and investors. They also cover SPVs, tender offers, the collapse of legacy software valuations, and why AI companies may be speed-running the path to public markets. This episode originally aired on Bloomberg's Odd Lots podcast. Resources: Follow Joe Weisenthal: https://twitter.com/TheStalwart Follow Tracy Alloway: https://twitter.com/tracyalloway Follow David George: https://twitter.com/DavidGeorge83 Listen to Odd Lots: https://www.bloomberg.com/oddlots Stay Updated: Find a16z on YouTube:

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