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"We are really the most direct way for individuals...to access the private markets." - Mark Klein
Takeaways
- SuRo Capital focuses on democratizing access to private investments.
- The average IPO valuation has significantly increased over the years.
- Current market conditions are surprisingly robust despite concerns.
- The ability to stay private longer is advantageous for companies.
- SuRo Capital has a unique fee structure that aligns with investor interests.
Mark Klein is the Chairman, President, and CEO of SuRo Capital, a publicly traded investment fund that seeks to invest in high-growth, venture-backed private companies. A director of Learneo (formerly Course Hero) since 2020, Mr. Klein is also a current board member of a New York Stock Exchange-listed special purpose acquisition company (“SPAC”), Churchill Capital Corp VII, for which he has served since February 2021. Additionally, since 2012, he has been Managing Member and Majority Partner at M. Klein & Company, LLC, an investment banking and advisory firm. Before joining SuRo, Mark held positions including Chairman and CEO at several public and private companies and served on a variety of corporate boards. He earned a bachelor’s degree with high distinction in Business Administration from Emory University and an MBA from the J. L. Kellogg School of Management at Northwestern University.
