Joe Zuk·Oct 13Price Is the Cheapest Thing You’ll Pay ForThe deal price gets all the attention. The real cost usually shows up after the wire clears.
InTesserabyTessera·Sep 28The Evolution of Private Equity Liquidity: From Secondary Markets to TokenizationOriginally published 21 May 2025. Republished in the Tessera archive; figures, platform descriptions and market state are as of that date.
Scott Podvin·Sep 24The Termites Are Already Inside the House“There are lots of cockroaches, but not termites.” — Mohamed El-Erian, President, Queens’ College, Cambridge; former CEO, PIMCO — speaking…
Sebastien Canderle·Sep 22Private Equity: The Big LongA version of this article was originally published on 9 September 2026 at Naked Capitalism
InTesserabyTessera·Sep 17Samsung Announced a Surface, Not a SystemSamsung spent part of its Galaxy Unpacked presentation in London on 22 July showing where Samsung Wallet is heading. According to the…
InTesserabyTessera·Sep 16Record on the Headline, Thin UnderneathWhat the 2026 IPO numbers actually say, and what six weeks of SpaceX trading has already confirmed. We build in private markets, so we have…
InTesserabyTessera·Sep 7Count Holders, Not DollarsTokenization reporting has settled into a habit of leading with a dollar figure. Per RWA.xyz, on-chain real-world asset value reached $36.8…
InTesserabyTessera·Sep 7Eligible Was Not SoldInterest disclosure: Tessera PE issues T-SpaceX, a tokenized loan participation right providing economic exposure linked to SpaceX…
InTesserabyTessera·Sep 5Kalshi Wants to Be Worth $40 Billion. Watch the Venue, Not the Round.Kalshi is reportedly in talks for a new round that could value the company near $40 billion. That number is striking on its own, butt…
