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moreReese
@morereese
Why are there relatively few prediction markets on private companies’ future round raises/valuations?
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James McComish
@jamco.eth
- way too many variables that are not public so hard to gauge, very insider trading prone - long term markets are less interesting. could take years to raise, and likely to fail before then so would be locking up money for nothing
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moreReese
@morereese
great callouts. even if there aren't markets around specific valuations, i'm still kind of surprised we don't see more like: "Will XYZ company publicly announce another raise in 2025?" on platforms like Manifold
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James McComish
@jamco.eth
you should try platforms like @onit we have similar things onit.fun/m/0x6A8C66A01e277c6eaA38e96a7c823ea8dcEBcEE5
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moreReese
@morereese
definitely going to try this out, thanks! also @0xperp might be a good connection for you. he's building adj.news, a platform for prediction market driven news
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