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PWRL — Private Tech. Nasdaq Listed.
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Insights

Insights

Guides and short essays on structure, access, and how we think about late-stage private technology.

A $5.8T* Market, Mostly Out of Reach.

Private-tech companies have stayed private longer, growing into an estimated $5.8T market that most households cannot access — until PWRL.

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How PWRL Accesses The Best in Private Tech

It's one thing to decide which private companies to invest in. It's another to actually acquire the shares.

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How PWRL Is Curated & Built – The Power Law Principle

There's a reason this fund is called Powerlaw. It's named for one of the most durable patterns in all of investing.

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How PWRL Manages Its Portfolio

Building a portfolio is one thing. Managing it over time, knowing when to hold, when to take gains, and how to navigate the big milestones, is another.

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Meet PWRL – High-growth Private Tech In One Ticker

Powerlaw Corp. (Nasdaq: PWRL) was built to provide access to previously inaccessible high growth private companies.

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How to Measure PWRL's Progress

PWRL's daily liquidity and public market transparency make investing in PWRL easy. Knowing how your investment is performing is different from a typical quarterly report.

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Frequently Asked Questions

We want to bring as much transparency as possible to accessing private market investing. If you're not finding the answers you're looking for, contact us at Info@PWRL.com.

Powerlaw Corp. (Nasdaq: PWRL) is a listed closed-end fund registered under the Investment Company Act of 1940, offering exposure to leading private technology companies through a single Nasdaq-listed security. It provides daily liquidity, monthly NAV reporting and quarterly portfolio disclosure.

PWRL includes exposure to SpaceX, OpenAI, Kalshi, Databricks, Stripe, Shield AI, Deel, Kraken, Vast Data, Tether, Colossal Biosciences, Mercor, Perplexity, Canva, Rippling, Saronic, Figma and Waymo, all in one Nasdaq-listed stock, as of June 30, 2026. Portfolio holdings are disclosed quarterly, while NAV is reported monthly.

Powerlaw Corp. (Nasdaq: PWRL) is the first product of Powerlaw Capital Group and advised by Powerlaw Fund Adviser, LLC. The firm is backed by Akkadian Ventures' 16-year heritage in private-company secondary markets.

Portfolio holdings are carried at fair value, determined under the Fund's valuation policies with input from independent valuation sources. Inputs include recent primary financings, secondary market transactions and comparable-company multiples.

In an IPO, the Fund's position converts to listed equity, generally subject to a customary lock-up. In a sale, the Fund receives cash, stock, or a mix of consideration. Proceeds are reflected in NAV and may be available for reinvestment or distributions.

No. Shareholders own PWRL; the Fund owns the underlying private positions. Buying PWRL provides economic exposure to the portfolio through a single security listed on NASDAQ.

Powerlaw Corp. publishes monthly NAV and NAV per share, with quarterly portfolio disclosures. All filings are available on PWRL.com and through the SEC's EDGAR system.

Investing in PWRL involves a number of significant risks. Before you invest in PWRL, you should be aware of various risks associated with the investment, including those described in our prospectus. The prospectus contains this and other information about the Fund and is available free of charge at www.PWRL.com. You should carefully consider these risk factors, together with all of the other information included in the prospectus, before you decide whether to make an investment in PWRL.