The TRL-7 trap: Why the world’s best deepTech is underpriced & over-acquired

We are witnessing a global market failure in Deep Tech pricing. While early-stage VCs take the fundamental science risk, global tech giants are harvesting specialized talent and IP at Technology Readiness Level 7 (TRL-7) for a fraction of its terminal value. What looks like a rational $300M exit for an early-stage fund is often a "talent liquidation" that destroys the possibility of a $10B category leader. This closed-door session explores the structural "Capital Cliff" between lab and market, the geopolitical race for scarce engineering talent, and how investors globally can bridge the TRL-7 gap to capture true power-law returns.