ETF tracking recently public companies across sectors listed via IPO.Yahoo Finance ↗
A sector/theme exposure, not a company — priced via the IPO ETF as a clean proxy. Excluded from the index and host funds.
2 takes · first discussed Nov 16, 2024 · last Jan 10, 2026 · 1 stance reversal
Click a call to see the price move since it aired.
The hosts' collective view on the IPO market is represented solely by Chamath, whose stance shifted significantly over roughly 14 months. In November 2024, he was bearish with medium conviction, arguing that elevated 10-year Treasury yields (4.5–5%) made public-market valuations unattractive and would keep both IPO activity and M&A subdued into 2025. By January 2026, however, he reversed to a high-conviction bull, naming the IPO market as his top business winner of 2026 and predicting a wave of successful listings that could generate trillions of dollars in new public market cap. No other hosts provided theses on this topic, so the only notable dynamic is Chamath's own intra-host evolution from caution to strong optimism as the rate and market environment presumably shifted.
Chamath picks the IPO market as his biggest business winner of 2026, predicting a wave of successful public listings creating trillions in new market cap and reversing the trend of shrinking public companies.
I said the IPO. I think 2026 is going to be a big year for IPOs. I'm not going to say which ones. Oh, great. I think there's gonna be a bunch of 'em, a bunch of successful ones, and I think we could see trillions of dollars of new market ca”35:43