The Pattern: Public markets have been starved of high-quality tech offerings. We have half as many publicly traded companies as two decades ago. Secondary market activity suggests massive pent-up demand.
The Bet: At least two of the following file for IPO in 2026:
Trillions of dollars in new public market cap unlocks:
Liquidity for employees who have been waiting years for exits
Returns for pension funds that need public market exposure to AI
Fresh capital for next-gen company building
The Framework
Mental Model: The Convergence Pattern
The capital cycle is part of the broader M&A architecture. IPOs, acquisitions, and License & Lift deals are complementary moves in the same strategic playbook.
Strategic Implications
The IPO wave represents a structural reset in how AI value gets distributed:
Private market concentration has reached unsustainable levels
Public market investors are demanding access to AI growth
Employee retention increasingly depends on liquidity pathways
The companies that go public first will set valuation benchmarks for the entire AI sector.
Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
