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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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