And over the last two decades, the center of gravity in capital markets has shifted dramatically toward private ownership. BlackRock CEO Larry Fink pointed out in his 2025 annual letter to investors that 81% of U.S. companies with revenue over $100 million are now privately held. The number of publicly traded companies has fallen roughly 50% since the 1990s. We usually blame regulation or quarterly earnings pressure. Those matter. But I think they’re secondary. The deeper issue is that public markets don’t have the machinery to value complex technology companies properly.
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I’ll definitely take those results with this unoptimized prompting pipeline! In all cases, the GPU benchmarks are unsurprisingly even better and with wgpu and added WGSL shaders the code runs on Metal without any additional dependencies, however further testing is needed so I can’t report numbers just yet.