Wonder of any of the early money got out. Very little visibility to the secondary market on these things. I remember back in dot-com days folk would take leverage on their unrealized gains. Didn't work out that well. Selling at small discount in the secondary, which was mocked, turned out to be a good play.

Seems lots of the market for tools like this is un-moat-able. Hopefully someone smarter than me shares their experience with that.