Last night, we announced that OSS Capital is launching the first COSS ETF this summer 2021.
Why are we doing this?
COSS is a category. This is now unequivocal.
Like SaaS materialized 20 ~ years ago with the launch of Salesforce and is now a $2T+ equity category (that’s just in public market value capture), we believe COSS is nascent, but has materialized over the last decade from essentially only one large company (Red Hat) to now well over 100...
We believe COSS will grow on its own to a $3T+ category by 2030.
Today, the vast majority of COSS companies are private. Over the next 2-3 years, we also expect that 10+ COSS IPOs will occur.
We have been saying this for years.
It is a huge honor to bring COSS to public market investors.
Private Equity and VC should not be the only available method to access this explosives growing category.