Thomas Laffont: The $4T AI IPO Wave, 2026's Unicorn Economy, and the 10X Paradox
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Why do you think I waited to make my world podcast premiere for all in? All the ankle biters called and I said no, I'm just gonna wait whole leading out to the besties call. Kotu is one of the most successful hedge funds of the last two decades. $55 billion under management. This is their flagship hedge fund.
The reason we decided to kind of get into this business is to find great entrepreneurs and find great companies. And they're looking to raise a whole billion dollars more to invest in AI. We're in an idea business, and when you have a truly revolutionary idea, it can get really big. I hope to do something a little bit different. Besties, you've been on for a couple hours, so you can take a break now for a few minutes, sit back.
We are going to show you some slides and we're going to walk you through really an update on the unicorn economy. So the markets are back. We can see that the unicorn economy on average since September of 24 is up 70%. I think that's intuitive to a lot of us. But what's even more amazing is that the public market has really
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