Powerlaw Corp
Powerlaw Corp. (Nasdaq: PWRL) is a publicly listed closed-end fund designed to give everyday investors access to the private technology market. Historically, the immense value created by late-stage, pre-IPO startups has been restricted to institutional and accredited investors, locking the general public out of a major asset class. Powerlaw bridges this gap by offering a single, publicly tradable stock on the Nasdaq that holds a curated portfolio of these high-growth private companies. This structure democratizes venture capital access while providing everyday investors with daily liquidity, monthly net asset value (NAV) reporting, and quarterly portfolio disclosures.
The fund’s portfolio provides direct economic exposure to some of the world’s most prominent private technology and aerospace innovators, with significant holdings in companies like SpaceX, OpenAI, Stripe, Databricks, and Perplexity. Managed by Powerlaw Fund Adviser, LLC, the fund leverages the 16-year heritage of Akkadian Ventures, a seasoned firm in the venture secondary market. By tapping into this deep industry network to source secondary shares directly from founders, employees, and early investors, Powerlaw bypasses traditional venture capital hurdles to bring the growth potential of highly sought-after startups directly to the public markets.