This feeling, that the companies born before AI are screwed, isn’t just a PE worry.
As we get further away from the prior valuation run up of 2021, the whispers about what happens to the oldercorns and the prior acquisitions and all of software gets louder.
But many companies caught the AI wave and have transformed themselves. Enough to tip the fund returns? Unclear.
I guess everyone across asset classes is responding to the same set of concerns these days.
DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. © 2026 Carta. All rights reserved. Reproduction prohibited.
