How Do You Deal With Private Valuations?

How do you deal with that when valuations are super, superinflated? Is is it like a awaiting game, like, just like, sidow this, or is it like, take a shorter term bias for now. Sore caution, i have noticed private valuations, ike private deals. I've gone the little in hand, and the risk rewards is much, much lower than what it is. But i'm just now what o i comped to.