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Animal Spirits Podcast · 2026-09-14 · 33 min · 6,449 words

Talk Your Book: Why Aren't There More IPOs?

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Today's Animal Spirits Talk, your book, is brought to you by Vannek. Go to Vaneck.com to learn more about how they can help you access private markets. That's vanek.com. Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, and watching.

All opinions expressed by Michael and Ben are solely their own opinion and do not reflect the opinion of Ridholst Wealth Management. This podcast is for informational purposes only and should not be relied upon pawn for any investment decisions. Clients of Ridholdt's wealth management may maintain positions in the securities discussed in this podcast. Welcome to Animal Spirits with Michael and Ben.

Michael, I love a good straight shooter. On today's show we have one. We talked to Krishn Manafa, he's the head of private growth strategies at Vinak. And he enlightened us with some information today that was new to us because because there's not a lot of data with as far as private markets go. Not as nearly as much as public markets, obviously.

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