The Square - G Squared

G Squared presents The Square – a bi-monthly email newsletter offering an inside look at the trends shaping technology, innovation, and the private markets. Each issue highlights recent investment activity, private secondary market trends, and founder perspectives alongside real-time insights on capital markets and the evolving VC landscape. The Square is your front-row seat to the unfolding story of venture-backed innovation.

Issue 10 | May 2025

OpenAI’s Corporate Shift, Lambda, and Secondaries as a Liquidity Program

OpenAI’s transition to a public benefit corporation reshapes its capital strategy. G Squared talks with Lambda’s CEO on redefining AI infrastructure. Why a structured liquidity program is now a start-up must-have.

Issue 9 | March 2025

Consumer AI and Liquidity for Aged Unicorns

AI apps are reshaping consumer behavior. G Squared explores key trends and hears from Dialpad’s CEO on building real-time, proprietary AI to power business communications.

Issue 8 | January 2025

2024 Year in Review and 2025 Predictions

G Squared reflects on $850M+ deployed in 2024 and offers bold predictions for 2025, from IPO slow-rolls to zombiecorn shakeouts. DPI is in, MOIC is out. The secondary wave is just getting started.

Issue 7 | December 2024

Gen AI Investment, Bolt, and Secondary Tender Momentum

As AI infrastructure spending explodes, G Squared explores the surge in GPU demand. A candid conversation with Bolt’s CEO on urban mobility and scaling with capital efficiency.

Issue 6 | October 2024

The AI Effect in Secondaries

G Squared shares insights on AI-driven secondaries, shifting unicorn valuations, and the long-game strategy behind investing in liquidity-constrained markets.

Issue 5 | July 2024

IPO Activity and Secondary Tenders

IPO momentum is building, but secondaries remain the liquidity workhorse. G Squared examines massive tender activity from Canva and Stripe, and chats with LinkSquares’ CEO on how AI is transforming legal ops.

Issue 4 | May 2024

Advancing AI and Secondaries’ Staying Power

OpenAI and Anthropic lead the AI race with unprecedented scale and strategy, while the secondary market surges to fill the IPO gap. GetYourGuide’s CEO shares the platform’s journey from pasta classes to global leadership.

Issue 3 | March 2024

Enterprise SaaS and Secondaries, and Liquidity Pressure

G Squared highlights the rebound in cloud software, SaaS momentum, and the data-driven forces propelling AI investment. A conversation with Upgrade’s CEO on fintech resilience and capital efficiency.

Issue 2 | January 2024

2023 in Review, 2024 Predictions, GenAI Goes Mainstream, and Secondaries Update

A retrospective on 2023’s AI-driven market surge, a deep dive into Wiz’s approach to cloud security, and why secondaries are poised for a breakout in 2024 as companies hunt for liquidity.

Issue 1 | November 2023

AI and Equities, Secondaries Update

As AI redefines labor productivity, G Squared unpacks its equity market impact. We sit down with N26’s founder to discuss innovation in digital banking. A breakdown of where secondaries are uncovering deep value.