Matthew Whitman, Founder & Managing Partner, and Dr. Charles Vance, Director of Research
Market Intelligence
Research and briefings on regulated private technology access.
Millbridge maintains factual monitoring of secondary market volume, primary-to-secondary valuation spreads, and cap-table consent behaviors across underwritten sectors.

Featured policy brief
Navigating the Evolving Access Frameworks: Strategic Implications of the June 2026 Regional Policy Shifts on US Private Tech Placements.
Archive
Advisory archive
A compact repository of manuscript-defined advisory themes.
The Scaling Laws of Compute
Establishing valuation metrics for foundational AI models through GPU cluster efficiency, power grid access, and compute-to-valuation ratios.
Written by Dr. Charles Vance.Unlocking the Cap Table
Navigating Rights of First Refusal in block-trade transfers through legal timelines, board consent procedures, and transfer clearances.
Written by Richard "Rick" Sterling.CFIUS Safe Havens
Mapping the legal boundaries of passive, non-voting LP structures and permissible institutional tracking participation.
Written by Matthew Whitman.Static feed
Systematic transaction and data feed
The feed summarizes factual monitoring categories without presenting live trade recommendations.
Aerospace Logistics
Tracking active ROFR timelines on secondary blocks. Volume remains constrained, with issuer approvals tied to clean seller provenance.
Compute Ecosystems
Monitoring primary-to-secondary discount spreads on pre-IPO foundational AI shares, currently analyzed at 15% to 22% due to liquidity lockup parameters.
Enterprise Cybersecurity
SaaS retention analysis indicates persistent contract values, offset by increased domestic data-privacy audit costs.
