Although current owners might not be so happy, investors that missed out on owning a stake in some of the most celebrated private companies are getting a second chance.

That’s because the investible universe in the private market has never been so big and so cheap. According to PitchBook, the number of private companies valued at more than $1 billion reached 340 in 2021, more than the past five years combined. And they’re now trading at a 20 percent discount compared to the last quarter of 2021, according to the latest monthly report from Forge Global, a private market trading platform.