Inside the Invitation-Only Stock Market for the Wealthy
WSJ·2025-12-13 02:00
Core Insights - The landscape of private companies is changing, with a trend towards exclusive sales to a limited number of investors as public stock options diminish rapidly [1] Group 1 - The number of publicly available stocks is decreasing, leading to a more concentrated market for private company sales [1] - Select private companies are being acquired by a small group of investors, indicating a shift in investment dynamics [1] - This trend may limit opportunities for broader investor participation in high-potential private firms [1]