The Gridline blog

Explore the latest private market insights and company updates.

The Costs of Missing Out on Private Markets

In a downturn, many investors look for the perfect moment to enter the markets. Even worse, around 42% of Americans […]
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Why Even Well-Informed Stock Pickers Underperform

Retail and institutional investors alike have long been enamored with stock picking. On the surface, the logic is simple: find […]
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Why Diversification is the Only Free Lunch in Finance

“There’s no free lunch” has been a mantra of finance for nearly a century. The Fed came to that realization […]
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Short-Termism in Public Markets and the Benefits of Private Markets

Mandated quarterly earnings reporting and activist investor pressure have created a short-term orientation in public markets that is detrimental to […]
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Top Five Investment Mistakes That Could Haunt You For Decades

In August 1998, Long-Term Capital Management (LTCM), a large hedge fund, collapsed. LTCM had taken on too much risk and […]
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Why the Last Stock Market Bull Run is Unlikely to Repeat

From March 2009 to the beginning of 2022, we saw a highly unprecedented bull run in the stock market. This […]
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The End of TINA (“There is No Alternative”): Private Markets, Not Bonds, Are the Alternative

The refrain “there is no alternative” is favored by politicians to market pundits when faced with tough decisions. “TINA” has […]
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Why Long-Term Strategies Are Gaining Popularity

Relatively illiquid private market assets consistently outperform their more liquid public market counterparts. For example, the median private equity fund […]
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Gen Z’s Unparalleled Interest in Alternative Investments

In the 1980s, certificates of deposit returned double-digit annualized returns. Today, young investors are losing money. Inflation is at 8.3%, […]
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Mitigating Early-Stage Investing Risks

Investing in early-stage companies demands a healthy risk appetite. Seven of ten investments will fail to return the money invested, […]
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Why Return Dispersion Holds the Key to VC Success

In global equities, managers in the top quartile generate an annualized return of around 12.5%, while bottom performers produce 10.7%. […]
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How to Use IRR to Measure Fund Performance

IRR, or the Internal Rate of Return, is the gold standard for measuring fund performance. In a nutshell, IRR is […]
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Mitigating Adverse Selection in Investment Platforms

Adverse selection occurs in any market where one party has more information about the quality of a good or service […]
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The Benefits of an Investing Technology Platform

The private equity industry is around half a century old, while buyouts are as old as capitalism. Today, alternative investments […]
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Why Pre-IPO Investing is Growing Rapidly

Startup companies spend more time — and raise at more significant valuations — in the private markets. At the turn […]
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