Retail investors represent at most 5% of trading, most likely 1%. And even then most of them are in index funds. The game today was consolidated into huge playe

Retail investors represent at most 5% of trading, most likely 1%. And even then most of them are in index funds. The game today was consolidated into huge players, almost all are institutions. The problem here is that of pricing (and nothing more). Wallstreet wants to pay X, but VC wants 5X. This is why the "window" is closing.