Coatue, in their latest report, candidly show how their forecasts have played out over the past five years:

2020–2021: Bet on the “remote work revolution.” Outcome: the trend was weaker than expected - crypto turned out to be the real growth driver.

2022: Predicted a “macro collapse.” The market did dip, but that was exactly when AI started to accelerate.

2023: “The AI supercycle.” This one hit 100% - AI became the main driver of market capitalization.

2024: Confidence: “AI is not a hype.” In reality - the boom of agentic tools and new software continues.