Carlyle Group's Jason Thomas on Increased Demand for IPOs, SPAC

The video discusses the decline in IPOs over the past 20 years, attributing it to the transition from the industrial to the digital age, where intangible assets dominate. It highlights the risks of IP theft due to public disclosures and the preference for private markets. The discussion also covers the impact of big tech acquisitions on the IPO landscape and regional growth trends, particularly in the US and China. The liquidity premium in private markets and the extraordinary demand for IPOs are also examined.

Discuss the relationship between the decline in public companies and the increase in private market activity.

What role do acquisitions play in the decline of IPOs, according to the discussion?

How do regional differences impact the growth of technology and biotechnology companies?