Michael Priddis
@michaelpriddis
Michael Priddis
@michaelpriddis
see private markets section
OPAQUE. How long before opaque deals, and valuations, which threaten the system when they go bad, are legislated against?
Tokyo stock exchange 1986

“Perhaps the most striking statistic: Australia produces 1.22 unicorns per US$1 billion of VC invested—the highest rate globally, ahead of Israel (1.13), Switzerland (1.12), and the United States (~0.7-1.1). This efficiency metric wasn’t tracked in 2015, but the comparison itself tells the story: what was an unmeasured, nascent ecosystem has become a global benchmark for lean startup building.
Several factors drive this efficiency: founders building for global markets from day one, Atlassian’s pioneering product-led growth model, limited local capital forcing operational discipline, and a collaborative VC culture that emphasises sustainable growth.”
The index estimates private equity returns by applying private-market-specific performance dynamics to observable public market data, calibrated to historical private equity behaviour.