Jun 12, 2026

Lucas Vaz

How a 2012 Law Change Created Today's Private Company Monster

Raising the 500-shareholder threshold let unicorns dodge IPOs indefinitely

Murph capital is a new media and community for the next generation of emerging managers and allocators

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Murph capital is a new media and community for the next generation of emerging managers and allocators

PROUDLY builT IN USA

HANDCRAFTED by:

@Grivitsky

Substack

Main

home

Podcasts

Templates

Data

Funds

Events

Reports

Soon

about us

Community

Store

Murph capital is a new media and community for the next generation of emerging managers and allocators

PROUDLY builT IN USA

HANDCRAFTED by:

@Grivitsky

Substack

Main

home

Podcasts

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Funds

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Reports

Soon

about us

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