A thematic basket grouping emerging large-cap technology and growth companies considered potential future market leaders.
1 take · first discussed May 9, 2025
Private company — no public price to score. We track what they said; valuation-mark tracking is on the roadmap.
Philippe Lafont, appearing as a guest, expressed high conviction that the central investment thesis behind Coatue's new interval fund is to identify the next generation of dominant companies — roughly 25 in total — that will collectively form a "new Mag 7" over the next decade. He noted this basket would span both public and private markets, citing SpaceX and Stripe as examples of private companies already on his radar alongside public names he expects to grow larger. No other hosts offered competing or corroborating views on this thesis, so the perspective is solely Lafont's as shared on the May 9, 2025 episode.
Philippe Lafont's explicit investment north star for his new Coatue interval fund is to identify and build a basket of the next 25 dominant companies — a new Mag 7 — spanning both public and private markets including SpaceX and Stripe.
To me, the north star is, Jason, I got to build for you in 10 years the new Mag 7. That's my job... Some are already public, they're just going to get bigger, and some are private.”1:28:33