speaker
Jason Karp, Founder and CEO of HumanCo
Jason H. Karp, a Wharton School of the University of Pennsylvania graduate with a B.S. in Economics, has an extensive background in both finance and entrepreneurship. He spent over two decades in the hedge fund industry, serving as Founder, CEO, and CIO of Tourbillon Capital Partners, managing over $4 billion. Before founding HumanCo, he co-founded Hu, a rapidly growing snacking company in the U.S., which was acquired by Mondelez International in January 2021. Beyond his business endeavors, Jason is deeply committed to promoting healthier living and sustainability. He is the Founder and CEO of HumanCo, a mission-driven holding company that invests in and nurtures brands with similar values.
Nelson Griggs, Nasdaq's President, revealed how America's second-largest exchange is becoming a global fintech powerhouse. With technology powering 130 exchanges worldwide and 5,000 listed companies, Nasdaq sits at the intersection of traditional finance and innovation.
Market Insights:
- 2023's Tech IPO drought (only 9 deals) signals shifting market dynamics
- Private securities market growing as companies stay private longer
- Texas emerging as critical player in US markets and tech ecosystem
Future Focus:
- AI integration reducing costs and improving market efficiency
- Adapting to new business models while maintaining market integrity
- Potential impact of Texas launching its own exchange
Griggs emphasized Nasdaq's evolution from purely stock listings to comprehensive market infrastructure, highlighting how regulatory clarity and shareholder value drive decision-making in an increasingly complex financial landscape.
The conversation touched on critical themes for Arena's community: Texas's economic ascendance, tech sector dynamics, and the future of capital markets.