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The best private market deals, explained simply.

Pre-IPO companies, venture rounds and alternative investments. One short email each morning, in plain English.

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Companies we cover

Databricks Anthropic

IPO Jun 12SpaceX$1.77T+9%

Series HAnthropic$965B valNew

Late-stageDatabricks$134B val+8%

TenderStripe$159B val+4%

RoundOpenAI$852B valHot

Series GAnduril$60B val+22%

Series FRamp$32B valNew

RoundPerplexity$20B val+15%

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One vetted opportunity every Thursday, min $1,000

Sourced from a network of 50+ VCs and founders

We screen 1,000+ deals a year so you don’t

Written like a text from a friend who knows the space

Tue

The Case Study

One company, taken apart. Morning-Brew storytelling on a single deal worth knowing.

Thu

Weekly Investment Opportunity

One vetted deal with a direct investment link. Minimums start at $1,000.

Fri

The Full Investment Memo

The buy/pass call, complete deck and financials. Our most-requested issue.

🔒 Premium only

Sat

MICRO

Confirmed individual funding rounds, straight from our 50+ VC network.

Sun

MACRO

The structural trends moving private markets — your week in review.

Recently in the newsletter

The deals readers actually acted on.

Valuations current as of September 2026. Updated continuously as rounds price.

Live

SpaceX

Starlink is printing cash and the Nasdaq debut is days away. Here's how early secondary holders are positioned.

Valuation

$1.77T

Min

$10,000

Stage

IPO Jun 12

Sector

Aerospace

Read the breakdown →🔒 Memo in Premium

Hot

Anthropic

Revenue passed $65B and it just filed to IPO. We break down the $965B Series H and who got in.

Valuation

$965B

Min

$10,000

Stage

Series H

Sector

Read the breakdown →🔒 Memo in Premium

Live

Databricks

The data + AI platform now at $7B in revenue after its August round. Why the late-stage round is still mispriced.

Valuation

$190B

Min

$2,500

Stage

Late-stage

Sector

Data

Read the breakdown →🔒 Memo in Premium

Soon

Stripe

Profitable, patient, and cashing out employees at $159B. What the latest tender tells you about IPO timing.

Valuation

$159B

Min

$5,000

Stage

Tender

Sector

Fintech

Read the breakdown →🔒 Memo in Premium

Hot

Anduril

Defense tech with a $20B Army contract and a valuation up 157%. The case for — and against — getting in now.

Valuation

$61B

Min

$1,000

Stage

Series G

Sector

Defense

Read the breakdown →🔒 Memo in Premium

Hot

OpenAI

ChatGPT passed $25B in revenue and the April round priced it at $852B. What the secondary market is paying now.

Valuation

$852B

Min

$10,000

Stage

Late-stage

Sector

Read the breakdown →🔒 Memo in Premium

Why we exist

The best deals used to be invite-only.

For decades, private companies like SpaceX and Stripe were only open to insiders with $100K or more. Today many of them start at $1,000. We show you which ones are worth a look.

1,000+

Deals screened / yr

50+

VC network

$1,000

Minimum in

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One vetted private market opportunity delivered every Thursday
Access to pre-IPO companies like SpaceX, Databricks, Anthropic and Stripe
Opportunities spanning venture capital, private equity and alternatives
Direct investment links — minimums starting at just $1,000 per deal

Direct access to high-quality, pre-vetted private market opportunities
Deals sourced from our network of 50+ leading VCs and founders
Rigorous due diligence — we evaluate 1,000+ opportunities a year
Only the strongest fundamentals ever reach your inbox

Complete pitch decks and financial data for every opportunity
Detailed team backgrounds, market analysis and competitive positioning
Clear presentation of terms, structure and potential risks
Institutional-grade analysis — the depth professionals receive

Minimums as low as $100–$1,000 per deal (vs. typical $100K+ institutional)
Build a diversified private portfolio with smaller, flexible commitments
Options tailored to a range of risk appetites and strategies
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The “what if” calculator

What if you'd invested early?

Pick an amount and a few companies to see what an early investment would be worth today. For education only. Past results don't predict future ones.

If you'd invested

Split across these early winners

Estimated value today

$77M

3080×

Return

Google

$5K → 7,500×

$38M

What readers tell us.

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Angel investor · ex-Stripe

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Devon Tate

Founder · Techstars '21

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The best private market deals, explained simply.

Smarter about private markets in 5 minutes a day.

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Read in 5 minutes

Invest if you want

Five short emails.Zero noise.

The deals readers actually acted on.

SpaceX

Anthropic

Databricks

Stripe

Anduril

OpenAI

The best deals used to be invite-only.

What if you'd invested early?

What readers tell us.

Join 60,000+ smart investors.

Five short emails.
Zero noise.