Exclusive: Seligman Ventures debuts with $500 million and a new model for the blurring line between public and private markets

The public markets are thinning, the private markets are exploding, and AI is wholly destabilizing both.

Consider the past week’s software meltdown: AI fears and stalled market dynamics vaporized $1 trillion in market value, rippling down to private companies. 

“The funding mechanism for the software LBO complex has short-circuited, IPO markets have been weak, and it’s gummed up the machinery,” said Paul Wick, chief investment officer at $30 billion investment firm Seligman.