Is it just me, or does it make way more sense to split $50k across 5 names like OpenAI and SpaceX than to chase one direct cap table spot?
Been seeing more people using $10k SPVs to diversify lately. Curious if others here are moving away from the 'all-in-one' bid model.

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You think there is still upside in those companies? Seems massively overvalued to me

Fair concern, the numbers are massive. But looking at the fundamentals, it's hard to ignore the scale. Stripe just hit $1.9T in payment volume, and Databricks is reportedly at a $5.4B revenue run rate. Plus, with the SpaceX and Anthropic IPO rumors for later this year, the secondary market is pricing in that 'liquidity premium.' It’s definitely not the 2021 hype cycle; these companies actually have the balance sheets to back it up now. Are you leaning more toward early stage right now?

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