What we're following.
Sixteen pinned cards. Four clusters. The case is the shape of late-stage private capital — who's filing, who's gone silent, who never showed up. Click any card to open the case file.
SILENT CLASS · 4 cases
Last filed Sept 2016 · silent ~10 years · ORIGINAL silent-class member
Last filed June 2016 · 1 lonely Form D · silent ever since
$7.75B disclosed · silent since Aug 2022 · S-1 just filed May 2026
$8.86B disclosed · silent since April 2024 · tender-offer era
NO DIRECT FORM D · 2 cases
ACTIVELY FILING · 6 cases
$20.5B disclosed · still filing in 2025 · the OPPOSITE of silent class
$914M disclosed · walked away from $12B MSFT offer · near-silent since 2021
$275M+ disclosed · 3 Form Ds · last filing Oct 2021
$1B+ disclosed · 4 Form Ds · less press attention than peers
1 Form D · earliest-stage on tracker · $2.6B per press 2024
Dual-track unique · uses both Reg D + Reg CF · only such case
ALREADY LISTED · 4 cases
Listed RDDT Mar 2024 · 4 pre-IPO Form Ds · ongoing Form 4 activity
Listed SNOW Sept 2020 · 2 pre-IPO Form Ds · Slootman insider sales
Listed KVYO Sept 2023 · 3 pre-IPO Form Ds
Listed RBLX direct Mar 2021 · 2 pre-IPO Form Ds
A note on this view. The investigation board is a different lens on the same dataset behind /companies and /press-gap. Every card links to the underlying company page with its full EDGAR filing history. The clusters are a curatorial decision; the data is the SEC's.