All Hands - AI Wealth Generation For All

Act I

Companies stopped going public.
Retail investors got locked out.

For the last 20 years — driven by Sarbanes-Oxley compliance costs, abundant private capital, and founder-friendly market dynamics — high-growth technology companies have been staying private longer and longer. Many never go public at all.

4 yrs

Median age at IPO
1999

→

12 yrs

Median age at IPO
2024

7,322

Public U.S. companies in 1996

4,300

Public U.S. companies in 2024
— a 41% decline

$13T+

Total value held in U.S. private markets (2024, McKinsey Global Private Markets Review)

582

U.S. unicorns (private companies valued at $1B+) as of 2024 — a record high
— CB Insights

💡

The most transformative companies of the past two decades — from Facebook to Uber to SpaceX — created the majority of their value while still private. By the time retail investors could buy a single share, the exponential growth phase was already over.

Facebook

Worth $104 billion at IPO. Early private investors earned 2,000x+ returns.

Uber

Stayed private for 10 years. Raised $25B in private capital. IPO investors have seen negative returns for most of its public life.

SpaceX

Valued at >$1T+ and still private.

Stripe

The world's most valuable fintech at $65B. Founded in 2010. Still no public shares after 15 years.

Act II

This isn't just a finance problem.
It's a civilizational one.

When the greatest wealth-creation engine in human history — technology — is accessible only to the already-wealthy, inequality doesn't just grow. It compounds. And history tells us what happens next.

Top 1%

now owns more wealth than the entire bottom 90% combined

— Federal Reserve, 2024

63%

of Americans cannot cover a $500 emergency expense without borrowing

— Bankrate, 2024

0.45 → 0.49

U.S. Gini coefficient increase since 1990 — approaching levels seen before historic social upheavals

— World Bank

U.S. Gini Coefficient (1967–2023)

Source: U.S. Census Bureau

"Throughout history, extreme inequality has been one of the most reliable predictors of societal collapse. When the gap between elites and the general population widens past a tipping point, the social contract fractures — not gradually, but suddenly."

— Luke Kemp, Goliath's Curse: The History and Future of Societal Collapse

Inequality is spiking across the entire Western world

🇺🇸 United States Top 10% hold 70% of all wealth

🇬🇧 United Kingdom Top 10% hold 57% of all wealth

🇩🇪 Germany Top 10% hold 60% of all wealth

🇫🇷 France Top 10% hold 55% of all wealth

🇨🇦 Canada Top 10% hold 58% of all wealth

🇦🇺 Australia Top 10% hold 52% of all wealth

Act III

And now AI is putting this
on fast-forward.

Artificial intelligence isn't a distant threat — it's actively reshaping the labor market right now. White-collar jobs that were considered "safe" are being automated at unprecedented speed, while the wealth created by AI companies flows almost exclusively to private market investors.

Goldman Sachs Research

"AI could replace the equivalent of 300 million full-time jobs worldwide"

McKinsey Global Institute

"Up to 30% of hours worked in the U.S. could be automated by 2030"

World Economic Forum

"AI will displace 85 million jobs globally by 2025"

Challenger, Gray & Christmas

"Tech layoffs in 2023–2025 exceeded 400,000 workers, with AI cited as a primary factor"

The AI Paradox

$15.7T

Projected AI contribution to global GDP by 2030 (PwC)

but

~0.1%

Of the population — primarily VCs, founders, and institutional LPs in private AI companies

⚠️

The bottom line: Fund managers, venture capitalists, governments, and AI startup founders all have the same problem — if they don't find a way to give some of the massive wealth-creation returns from their companies and investments back to the everyday investor, the pitchforks are coming.

Act IV

A trillion-dollar opportunity
hiding in plain sight.

The demand for retail-accessible private market investments isn't theoretical. It's massive, measurable, and growing every day. But existing vehicles — closed-end funds, interval funds — are too complicated, too expensive, and too illiquid for the everyday investor.

Estimated Retail Demand for Private Market Access

$1T

$4T

Sources: Bain & Co., Morgan Stanley, KKR retail strategy reports

$36T

Total U.S. retirement assets — virtually none allocated to private markets

ICI, 2024

73%

of individual investors say they want access to private market investments

Fidelity Investor Survey, 2023

<5%

of retail investor portfolios are allocated to private markets (vs. 30–50% for endowments)

Cambridge Associates

So why hasn't anyone solved this?

🏛️

Sarbanes-Oxley

SOX compliance costs $1–5M/year for public companies. It isn't getting repealed anytime soon, and it's a major reason companies stay private longer.

💸

Closed-End Funds

Typically 1.5–3% annual fees, opaque structures, chronic NAV discounts of 10–20%. Not a retail-friendly solution.

🔒

Interval Funds

Limited quarterly redemptions (usually 5% of shares), high minimums, and expense ratios above 2%. Too illiquid for most investors.

📋

Accreditation Rules

SEC rules restrict most private investments to "accredited investors" — those with $1M+ net worth. The very people who don't need the access.

Act V — The Breakthrough

All Hands has cracked the code.

For the first time ever, All Hands has created a new type of investment vehicle that can bring private market wealth creation to the world's retail investors — at incredibly low fees, with a structure that is infinitely scalable.

🌊

Retail-Accessible

No accreditation required. No $250K minimums. Available to any investor through standard brokerage accounts — the way it should be.

📉

Radically Low Fees

A fraction of the cost of closed-end or interval funds. No 2-and-20. No 1.5% management fees. Designed for retail economics from day one.

🔗

One Leg in Each Market

A fund manager uniquely positioned with one leg in private markets and one in public — bridging the gap that has locked out retail investors for two decades.

📈

Infinitely Scalable

The structure is built to manage not just billions, but hundreds of billions of dollars within a decade. This isn't a niche product — it's infrastructure.

How All Hands Compares

Feature	All Hands	Closed-End Fund	Interval Fund	Direct VC
Retail Accessible	✓ Yes	Partially	Partially	✗ No
Fees	Very Low	1.5–3%	2–3% + carry	2% + 20% carry
Liquidity	Daily	Exchange-traded (at NAV discount)	Quarterly (5% cap)	10+ year lockup
Minimum Investment	~$1 (1 share)	1 share (~$10–50)	$10K–$250K	$250K–$5M
Private Market Exposure	✓ Yes	Limited	✓ Yes	✓ Yes
Scalability	$100B+ potential	Moderate	Limited	Limited

Coming Soon

The All Hands ETF is
under development and not listed yet.

All Hands is being built by A Rising Tide Management — an asset management firm dedicated to democratising access to private market wealth creation for everyday investors.

Learn More at A Rising Tide Management