Jamie Dimon, CEO of JPMorgan, warned investors about the great decline of public companies in the last two decades in his recent annual letter.
The total number of public companies nearly halved since 1996.
In Dimon’s words:
- “…you can see that the number of public companies, which should have grown substantially over the past decade, is remarkably reduced. Instead, U.S. public companies peaked in 1996 at 7,300 and now total 4,800,” wrote Dimon.
So, what’s going on?
Well, private companies backed by private equity firms soared nearly tenfold in the same period.
- “Conversely, the number of private U.S. companies backed by private equity companies has grown from 1,600 to 10,100 — a remarkable increase,” wrote Dimon.
What does this mean?
Hottest tech unicorns are holding off IPOs. They are fed well by private, Unicorn investors in Silicon Valley. The elites are keeping all the greatest gains to themselves…
…while leaving breadcrumbs of gains to you after these tech unicorns IPO’d.
If you are looking for a chance to create generational wealth, you need to get in EARLY.
Early like investing in Uber and earning 3,030,211%…
…or earning 5,023,900% from DoorDash.
Thanks to a new loophole created by the Government, you can now invest in the next Airbnb, SpaceX, or Uber… like these elite Silicon Valley investors.
We will cover everything in our NEW event – “The 1,000x Unicorn Wealth Creation Summit.”
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