Last updated Nov 29, 2025
Prediction
Friedberg
marketsventure
An index representing the roughly $3.4–3.5 trillion of private unicorns in 2021 will have a total market capitalization greater than $46 trillion (the 2021 market cap of all existing U.S. public companies) within 20–30 years, i.e., by sometime between 2041 and 2051.
If you take an index of the $3.5 trillion today and said, you know what, these guys today are going to be worth more than the $46 trillion market cap of all the other public companies that sit today in the next 20 or 30 years...I would be willing to bet 20 to 30 years from now is worth more than the $46 trillion of all the public companies today.View on YouTube
Explanation

The prediction explicitly gives a 20–30 year horizon: David Friedberg says the index of then-current unicorns could be worth more than the ~$46T market cap of all existing U.S. public companies "in the next 20 or 30 years" from the 2021 episode date.(transcriptforest.com) That puts the evaluation window roughly between 2041 and 2051. As of today (November 30, 2025), only about four years have elapsed since the prediction was made, so we are far short of the earliest evaluation date. There is no way yet to determine whether the private-unicorn index in question will exceed $46T within that future window. Therefore the accuracy of the prediction cannot currently be judged and is inconclusive (too early to tell).