🔥 INSIGHT: Most of SpaceX's value was built before it ever went public, and crypto's top private companies could be on the same path. Dr. Najam Kidwai of @C1_Fund says that investors who judge firms like Ripple, Kraken and Polymarket by the price of Bitcoin are missing what those businesses are actually building. He expects several of the fund's 11 portfolio companies to IPO within the next 12 to 24 months, and that pre-listing window is where the alpha sits.