Sources close to a prominent Silicon Valley venture capital firm have confirmed that analysts are now projecting the Iboga Spirit World represents a Total Addressable Market (TAM) of approximately $4.20 trillion, making it one of the most attractive emerging sectors since venture capitalists have discovered indigenous wisdom traditions.
The estimate was reportedly released following a three-day executive offsite in Gabon during which several partners underwent traditional Iboga ceremonies and encountered deceased relatives, leading analysts to significantly revise their projections for the ancestral intelligence sector.
“We're seeing extraordinary growth potential in the ancestor economy,” explained one managing partner while presenting a 69 page slide deck titled Disrupting Death: Monetizing The Great Beyond. “Historically, the spirit world has been severely undercapitalized. We believe there are significant opportunities to unlock value through strategic partnerships between institutional investors and timeless non-corporeal entities.”
According to the report, key growth drivers include ancestral intelligence platforms, vertically integrated karmic optimization services, and subscription-based access to higher-dimensional wisdom.
The firm has already launched a dedicated SpiritTech fund and is reportedly seeking founders with a deep experience of interdimensional travel while maintaining strong quarterly growth metrics.
“There’s been a trope in Silicon Valley lately whereby some funds don’t want their founders taking ayahuasca because they tend to lose some of their focus on being lean money-making machines focused only on economic growth at all costs; we feel that Iboga presents a different and largely uncaptured market opportunity that turns founders into hungry ghosts who can potentially keep providing ROI even after they die,” says a SpiritTech fund representative.
Industry insiders say investor enthusiasm intensified after several venture capitalists returned from ceremonies claiming they had received direct guidance from deceased ancestors regarding market inefficiencies.
"Prior to iboga, we viewed death as a terminal event," said another investor. "Now we recognize it as an untapped customer acquisition channel."
The report projects the spirit realm will reach unicorn status by 2028, though some analysts have expressed concerns regarding regulatory uncertainty and unknown unknowns in the great beyond.
At press time, the venture capitalists were seeking regulatory clarity regarding whether deceased founders would remain subject to vesting schedules.