
3: The future of private equity
Onward, a Fundrise Production
The Value of Private Equity
In the nineties, there was a lot of stuff you could invest in that was un priced. That meant that you would make money on those investments overtime because they were so cheap. So even if you had to go through this long value chain and it wasn't ideal, you'd still make a lot of money. In nineteenin total us. Household wealth was 20 trillion dollars. And now 20 22, a hundred and forty trillion dollars. Thersas a hundred and 20 trillion more dollars than there was in the 19 nineties. Wrights: More dollars means more competition for opportunity.
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