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Why Secondary Markets Are Eating the IPO | All-In Liquidity Secondary Markets Panel

2026-06-07 Entertainment
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All-In Podcast
All-In Podcast
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Description

(0:00) Brad Gerstner, Gavin Baker, and Kelly Rodriques join the Besties! (0:47) Secondary Markets are Booming & Competing with IPOs (3:10) Why Companies are Staying Private So Long? (9:22) SPVs, the Forge-Schwab Deal, Democratizing Private Market Access (13:28) Secondary Markets as Exit Liquidity for VCs (27:00) The Private Market Bubble? (32:03) Hottest Secondary Companies Right Now Thanks to our partners for making this possible! EY - Agentic AI is introducing a new investment discipline. As AI shifts to consumption-based models, EY connects spend to enterprise value. https://www.ey.com/en_us/insights/ai/agentic-ai-token-costs?WT.mc_id=3501318&AA.tsrc=sponsorship NYSE - Thank you to our partner, the New York Stock Exchange - a modern marketplace and exchange for building the future. It all happens at the NYSE. https://www.nyse.com Plaud - Never miss a moment. Plaud, our official wearable AI note-taking partner at All-In Liquidity Summit, captured every insight. https://www.plaud.ai Follow Brad: https://x.com/altcap Follow Gavin: https://x.com/GavinSBaker Follow Kelly: https://www.linkedin.com/in/kelly-rodriques-9b49418 Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg #allin #tech #news

Top Comments (10)

@JAKESHUGART 2026-06-07

All in favor of making Gavin a regular on the pod. His insights carry much more weight than I find on CNBC. Making myself a better investor and giving me a lens to view the new world. Love this pod!

109 1 replies
@florida_boy_the 2026-06-07

This show should be called exit liquidity

103 2 replies
@Veracity99 2026-06-08

Chamath exudes as much trust as an online Nigerian prince.

72 2 replies
@j-von5128 2026-06-07

Yay, just invest through these SPV’s and pay 2x or 3x what they’re currently valued at. Fairness!

34 2 replies
@stevebuscemi4185 2026-06-07

Pump and dumping into 401ks. Gross behavior

28 1 replies
@OxZain 2026-06-08

Investing matters because it gives you the chance to build a more secure future for yourself over time. I’ve learned that with patience, discipline, and a willingness to keep learning, progress eventually adds up. Today I officially hit my New Year goal of $320k, and it reminded me that it’s not about where you start, it’s about staying consistent and trusting the process.

18 2 replies
@joedirnfeld 2026-06-08

Exit liquidity means screwing retail ala spacex

12
@HubertHeller 2026-06-08

SPV stands for Special Purpose Vehicle (also known as a Special Purpose Entity). It is a legally separate, subsidiary company created by a parent company to fulfill a specific, narrow objective—most commonly to isolate financial risk or securitize assets.

10
@NeoconceptsInc 2026-06-08

This is a podcast for VCs and how to exit liquidity

8
@DouglasHayden-b3f 2026-06-07

I appricate that these guys publish these talks as there is always some valuable info, I just wish they would get more representitves from the street.

2

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