Lion Shirdan

Strategic growth & private markets. AI, infrastructure & technology. Connecting capital, companies & opportunity.

[Lion Shirdan @LionShirdan]

Fund clocks and asset clocks don't line up. Secondaries and continuation vehicles keep long-duration infrastructure on the books when the fund wants an exit the plant still can't give.

[Lion Shirdan @LionShirdan]

@MatthewWithy Without a precedence clause, the lease stack underwrites which clauses survive. Capital prices that conflict before the site mark.

[Lion Shirdan @LionShirdan]

@alecjmcelhinny A civil prices the local permitting and utility calendar. Capital underwrites that path before the land mark.

[Lion Shirdan @LionShirdan]

@brexton New hardware fleets underwrite on risk transfer first. Capital prices residual while the kit is still unseasoned.

[Lion Shirdan @LionShirdan]

GP-led volume keeps rising. The underwrite is still selectivity, information quality, and transfer mechanics. If a continuation vehicle is the expected path, price the buyer set and the data room the same way you used to price the IPO window.

[Lion Shirdan @LionShirdan]

@jbillow @duncancampbell Off-grid skips ISO politics. It still underwrites a turbine supply-chain wait.

[Lion Shirdan @LionShirdan]

@vsaietta @ShanuMathew93 Backup sites buy land optionality. Interconnect years still underwrite when power shows up.

[Lion Shirdan @LionShirdan]

@alecjmcelhinny Early VR premium prices scarcity before scale. Inference reprice eats it when capacity lands; elasticity sets how fast.

[Lion Shirdan @LionShirdan]

@AmusingVentures Faster GPU-hour decay is a mezz residual miss. Bank still sweeps cash; mezz holds the shortfall.

[Lion Shirdan @LionShirdan]

@asciimike Firm power underwrites the campus before the MW claim. Capital prices the domestic nuclear stack first.

[Lion Shirdan @LionShirdan]

@bslotterback Grid planning has no owner. Capital underwrites the vacuum before the campus load.

[Lion Shirdan @LionShirdan]

@gnievchenko Interconnect speed underwrites on municipal willingness. Capital prices the local CoC path before the megawatt claim.

[Lion Shirdan @LionShirdan]

@duncancampbell ISO politics prices which campus EV compounds. Off-grid underwrites the path that skips that queue.

[Lion Shirdan @LionShirdan]

@ShanuMathew93 Committed capital still waits on power connected. Delivery underwrites the close.

[Lion Shirdan @LionShirdan]

@acephalt The prenup is the underwrite. Price who can still walk, and what the hold costs after the mark.

[Lion Shirdan @LionShirdan]

A continuation vehicle relocates the residual for a longer hold. Price the hold and the alignment. The NAV is the starting mark.

[Lion Shirdan @LionShirdan]

NAV facilities and secondaries can both print DPI. A sale changes who owns the leftover risk.

[Lion Shirdan @LionShirdan]

@kurtsaltrichter Unstarted data-center leases underwrite demand. Stranded rent is the residual if the load does not show.

[Lion Shirdan @LionShirdan]

@JessePeltan When most new cars can run on electricity, capital underwrites the power-demand curve that follows.