Despite the narrative of democratized investing being pushed by mobile trading apps, the “Gamestop Frenzy”, and the market share of retail investors growing from 10% in 2011 to 22+% 2022… the financial whales still gatekeep the best features of Wall Street for themselves. Private markets have locked up the best opportunities and thrown away the key. Inequity among investors has become increasingly apparent when evaluating the decrease in the value creation offered by U.S. IPO markets.