Blue Owl's redemption halt exposed private credit's SaaS problem. Secondaries hit $240 billion. McKinsey declared the PE playbook dead. California's wealth tax moved forward. Four stories reshaping how founders think about private capital.
Three wealth management deals worth $17 billion. Private credit secondaries doubled. JP Morgan confirms 86% of family offices have no succession plan. The infrastructure behind founder wealth is being rebuilt.
After an exit, founders face the "now what?" question with no roadmap. Here are six paths others have taken, from angel investing to stepping back entirely, and a framework for finding yours.
The IPO window is open but investors aren't paying what founders expect. Tender offers are replacing exits as the default liquidity tool, AI just repriced what wealth management costs and private credit spreads are compressing.
How sophisticated allocators are evaluating a $44 billion market that's either the next asset class or the next regulatory casualty.
Eight companies raised $100M+ each in New York this week. Meanwhile, software stocks dropped 25%. For founders weighing exit timing, both signals matter.
Tax rules vary dramatically by country, but the frameworks for thinking about tax are universal. Here's how to evaluate jurisdictions without chasing the lowest rate.
IPO window is open but crowded. Blackstone's largest pipeline ever. SpaceX eyeing $50bn IPO. Amazon in talks for $50bn OpenAI stake. When mega-GPs flood the calendar, smaller founders need parallel exit routes—not single-track plans.
A complete wealth operating system for founders with $5M–$100M in liquid assets.
A comprehensive framework for deciding whether to join an AI-enabled roll-up. Assess your readiness, evaluate specific opportunities, and make the decision with clarity—not just hope.
The ability to walk away is the only real leverage you have. But after months of negotiation, legal fees, and emotional investment, walking away feels impossible. That's exactly when it matters most.
Due diligence isn't supposed to be one-directional. The buyer investigates you. You should investigate them. Here's what to ask, who to call, and which answers should make you walk away.
