Secondary Investing Explained: Inside the Quiet Market Behind the AI Boom

Most of the biggest AI companies aren’t public—and they may not be for years. So how are investors getting exposure before IPOs? In this episode, we explore secondary investing—the lesser-known market where existing shareholders sell private company stakes. You’ll learn why secondary markets exist, how they work in the AI era, where access comes from, and the real risks around illiquidity, valuation, and timing.