Podcasts about go public

My guest today is Eric Vishria, a General Partner at Benchmark.  Eric has spent his career in software and cloud, and few people know the history of these markets as well as he does. What makes him special is his ability to use that history to make sense of today.  We discuss what the rise of AWS teaches us about AI, what he has learned from investing in Fireworks, Sierra, and Cerebras, and how the criteria for winning have changed for founders and investors.  Please enjoy my conversation with Eric Vishria. For the full show notes, transcript, and links to mentioned content, check out the episode page ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠.  ----- Become a Colossus member to get our quarterly print magazine and private audio experience, including exclusive profiles and early access to select episodes. Subscribe at ⁠colossus.com/subscribe⁠. ----- ⁠Ramp's⁠ mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠ramp.com/invest⁠⁠ to sign up for free and get a $250 welcome bonus. ----- Trusted by thousands of businesses, ⁠Vanta⁠ continuously monitors your security posture and streamlines audits so you can win enterprise deals and build customer trust without the traditional overhead. Invest Like the Best listeners get a special offer of $1,000 off Vanta when you go to ⁠vanta.com/invest⁠.  ----- WorkOS⁠ is the infrastructure B2B and AI-native companies use to sell to enterprise. It covers everything enterprise security requires: SSO, SCIM, RBAC, Audit Logs, AI governance, and more. Trusted by 2,000+ fast-growing companies, including OpenAI, Anthropic, Cursor, and Vercel. ----- Rogo is the AI platform for finance. They're building agents for Wall Street that are trained to understand how bankers and investors actually do work: from diligence and modeling, to turning analysis into deliverables. To learn more, visit rogo.ai/invest. ----- ⁠Ridgeline⁠ has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Visit⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ridgeline.ai⁠. ----- Editing and post-production work for this episode was provided by The Podcast Consultant. Timestamps: (00:00:00) Welcome to Invest Like The Best (00:02:20) Learning the World Through Fireworks (00:05:42) AWS Was Going to Eat Everything (00:07:40) The Zero-Sum Thinking Trap (00:09:01) Comparing Cloud and AI Adoption (00:11:03) Becoming Enterprise's AI Sherpa (00:13:05) Building Sandcastles (00:14:55) The Return to Being Technical (00:17:13) The Shifting Competitive Frontier (00:22:10) Why the Old Playbook Fails (00:27:53) Energy as the Binding Constraint (00:29:38) The Cerebras Story (00:37:57) The Virtue of Productive Naivete (00:39:19) What Robotics Still Needs (00:45:58) What Makes a Great Board Partner (00:51:13) Raising A Growth Fund (00:55:39) What the Big Winners Taught Him (00:57:37) Hard Work Versus the Hole-in-One (00:58:38) The Best Reasons to Go Public (01:01:09) Debates Inside Benchmark (01:02:16) What If It All Works (01:03:35) What Geoff Hinton Got Wrong

MeidasTouch host Ben Meiselas reports on CIA officials issuing a dire warning on Trump's behavior with regard to Iran, Cuba, and here at home. Head to https://zbiotics.com/MEIDAS to get 15% off your first order when you use MEIDAS at checkout. Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast Cult Conversations: The Influence Continuum with Dr. Steve Hassan: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show The Ken Harbaugh Show: https://meidasnews.com/tag/the-ken-harbaugh-show Majority 54: https://www.meidastouch.com/tag/majority-54 On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to another edition of Retail Roundup—your weekly brief helping retail leaders decode the biggest shifts in retail, AI, and commerce. In this week's episode, Jeremy Goldman sits down with industry experts David Polinchock (Co-Founder & President at Unified Brand Experience Lab) and Aidan Mittra (Co-Founder at OrderGrid) to examine the operational and regulatory forces redefining the industry. From the growing divide in grocery retail, the intense regulatory scrutiny surrounding dynamic pricing and electronic shelf labels, to the strategic debate over whether consumer brands should go public or stay private. INSIDE THIS WEEK'S EPISODE: - THE GROCERY DIVIDE: VALUE vs EXPERIENCE: As cost-conscious shoppers trade down and higher-income consumers seek experiences, middle-ground grocers are caught in the squeeze. While tech giants win on speed, experiential grocers thrive through in-person engagement and community. - DEMYSTIFYING SURVEILLANCE PRICING AND ELECTRONIC SHELF LABELS: Growing regulatory scrutiny and consumer mistrust over dynamic pricing and electronic shelf labels are pushing retailers toward transparency. Winning back trust requires bridging the online-offline pricing gap with a clear value exchange. - PUBLIC MARKET PRESSURES vs THE POWER OF STAYING PRIVATE: Faced with a cool IPO market, consumer brands are choosing to stay private longer. Prioritizing long-term brand equity over quarterly earnings pressure proves that rapid expansion doesn't always yield lasting value. As consumer expectations shift and regulatory pressure mounts, retail leaders must balance operational efficiency with clear customer value.

Nineteen million dollars. That is what an Interscope executive testified d4vd's contract was potentially worth. His financial manager said he had already earned more than ten million. Prosecutors say Celeste Rivas Hernandez was fourteen years old and threatening to talk — and that the money is the reason she is dead.Over five days, prosecutors laid out a timeline that allegedly begins when Celeste was eleven and ends with her remains in a Tesla trunk while d4vd headlined festivals and appeared on late-night television. The evidence included chainsaws, bodycam footage, an inflatable pool, texts about an abortion, and a notarized form from her parents permitting her to travel overseas with him.This is your Q&A. Ten questions from the audience. The money. The evidence. The system failures. Tony holds nothing back.End Links:Join Our SubStack For AD-FREE ADVANCE EPISODES & EXTRAS!: https://hiddenkillers.substack.com/ Want to comment and watch this podcast as a video? Check out our YouTube Channel. https://www.youtube.com/channel/UC8-vxmbhTxxG10sO1izODJg?sub_confirmation=1 Instagram https://www.instagram.com/hiddenkillerspod/ Facebook https://www.facebook.com/hiddenkillerspod/ Tik-Tok https://www.tiktok.com/@hiddenkillerspod X Twitter https://x.com/TrueCrimePodDisclaimer:This publication contains commentary and opinion based on publicly available information. All individuals are presumed innocent until proven guilty in a court of law. Nothing published here should be taken as a statement of fact, health or legal advice.Hashtags:#D4vd #CelesteRivas #HiddenKillers #TrueCrime #LosAngeles #Interscope #MurderCase #JusticeForCeleste #ListenerQA #TrueCrimeToday

There are fresh signs that fusion power startup Commonwealth Fusion Systems will list in the next two to three years. Also, the Okta/Permiso deal gives Okta identity threat detection capabilities as enterprises seek to secure AI agents and other non-human identities across cloud environments. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Roxana Education Association President Kim Jones joins Megan Lynch joins to discuss the reason for them to picket outside the district's administration building and what is the hold up for the teachers to get new contracts.

Securities offered through Old City Securities, LLC. This discussion is for informational purposes only and does not constitute an affiliation with or endorsement of any company, and does not constitute a recommendation, offer to sell, or solicitation of an offer to buy, any securities. Investments in private companies are offered only through appropriate offering materials and accreditation requirements apply as defined under SEC Regulation D. Investments in private companies involve high risk, including the risk of complete loss of capital. These investments are illiquid, through a variety of structures including SPVs, may be difficult or impossible to resell, and may not ever result in an IPO or other liquidity event. Past performance is not indicative of future results. The speaker may receive compensation in connection with certain transactions discussed. There is no guarantee these private companies will achieve any specific valuation, and returns can vary widely and may underperform public markets. They may also involve additional risks not present in public market investments. In this episode, Christine Healey shares her journey into private tech stock investing, her unique approach to client service, and insights on scaling her business while maintaining quality. Discover how her small business model offers a personalized, high-touch experience in a competitive market.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Ankur Nagpal is the GP of USVC, a publicly accessible venture capital fund. In this conversation, we break down how retail investors can now access private markets like OpenAI, Anthropic, and SpaceX for as little as $500, and the controversy around USVC's Anduril investment, portfolio strategy, QSBS, tax alpha, and what it means to build wealth in America. ====================Looking for a better place to trade? BloFin gives traders access to deep liquidity, advanced futures products for crypto AND TradFi assets, fast execution, and a clean, intuitive interface—all in one platform. To celebrate their partnership with us, they're giving away $100,000 in Deposit & Trade Rewards. Deposit, trade, and earn rewards based on your activity during the campaign. Check them out at (https://partner.blofin.com/d/Pomp).====================BitcoinIRA: Save up to 37% in capital gains taxes on your retirement investments. Take 3 minutes to open your account & get connected to a team of IRA specialists that will guide you through every step of the process. Go to lp.bitcoinira.com/after-crypto to win up to $4,000 in rewards.====================Arch Public is an agentic trading platform that automates the buying and selling of your preferred crypto strategies. Sign up today at https://www.archpublic.com and start your automated trading strategy for free. No catch. No hidden fees. Just smarter trading.====================0:00 - Intro1:07 - The case for & against private market investing9:27 - Inside USVC's fund structure (open to anyone with $500)12:59 - What's in the USVC portfolio right now14:44 - The Anduril SPV controversy explained19:38 - Buying out LP stakes in venture funds23:42 - Private markets vs S&P25:34 - Lessons from AngelList's data on portfolio construction 30:44 - Why AI is no longer just a category & due diligence 34:16 - Biggest risks & tax alpha with USVC39:22 - Sticking to the plan amid market change40:43 - Working with Naval and what America means to Ankur

After more than a decade as a private company, Chinese social media app Xiaohongshu, known internationally as RedNote, is testing China’s mood for all things tech with its plan to list in Hong Kong. On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg Intelligence’s Robert Lea about why the time may be right for an IPO and what Xiaohongshu's debut says about the future of China’s tech industry. Read more: Xiaohongshu Is Said to Ready Hong Kong IPO Filing This MonthSee omnystudio.com/listener for privacy information.

The FBI director publicly criticized how the Nancy Guthrie case was handled. Jennifer Coffindaffer spent 28 years at the Bureau and knows what it takes to push that kind of institutional conflict into the open. Private conversations failed first. Then the director went on record. That sequence tells you something specific about how badly the agency believes the early investigation was compromised.Coffindaffer walks through the operational difference between being notified about a case and having control over it — because the distinction matters when evidence is decaying by the hour. Digital evidence degrades. Biological evidence degrades. Witness memory degrades. An 84-year-old woman who required daily medication was missing, and the clock was running from the moment she disappeared. Speed was the single most important variable. Institutional friction is what kills speed first.She addresses the less visible damage that persists months into an investigation built on inter-agency conflict. Investigators become defensive. Witnesses become hesitant when they sense the people asking questions aren't coordinated. Tips fragment across competing internal systems. Prolonged forensic ambiguity this far into the case may signal that investigators aren't working with clean results — and Coffindaffer explains what that means for the prosecution if a suspect is eventually identified.Meanwhile, a headline sent the community spiraling. Pima County issued a BOLO for Coral Michelle Smith — wanted for kidnapping seven miles from where Nancy was taken. Authorities explicitly stated there's no connection. But four months without a named suspect creates a vacuum that pulls in every nearby crime.Smith's fifteen-year record — four prison stints, two revoked probations, a kidnapping charge pled down — describes opportunistic street-level offenses. Nothing matching the porch figure captured on Nancy's doorbell camera. The FBI describes that figure as male, 5'9" to 5'10". Smith is 5'6". The porch figure has an apparent wrist tattoo. Smith's tattoos are on her ankle, foot, and leg. The profiles don't align. But what Smith's record does reveal is a system that kept releasing a repeat offender — a separate institutional failure in the same county that's already under scrutiny for how it handled Nancy's disappearance.Join Our SubStack For AD-FREE ADVANCE EPISODES & EXTRAS!: https://hiddenkillers.substack.com/Want to comment and watch this podcast as a video? Check out our YouTube Channel. https://www.youtube.com/channel/UC8-vxmbhTxxG10sO1izODJg?sub_confirmation=1Instagram https://www.instagram.com/hiddenkillerspod/Facebook https://www.facebook.com/hiddenkillerspod/Tik-Tok https://www.tiktok.com/@hiddenkillerspodX Twitter https://x.com/TrueCrimePodThis publication contains commentary and opinion based on publicly available information. All individuals are presumed innocent until proven guilty in a court of law. Nothing published here should be taken as a statement of fact, health or legal advice.#NancyGuthrie #SavannahGuthrie #FBI #PimaCountySheriff #JenniferCoffindaffer #CoralMichelleSmith #HiddenKillers #TrueCrime #TucsonArizona #JusticeForNancy

Trump walks back his threat of a third day of airstrikes on Iran, and again claims he's on the verge of a peace deal. Plus, Wall St. gears up for Elon Musk's Space X to go public, in what's expected to be the world's largest stock market debut. Then - weaponizing the Department of Justice: new reporting on Trump's efforts to use the agency to carry out retribution on his opponents. Peter Baker, David Drucker, Joyce Vance, Teddy Schleifer, Brendan Greeley, Devlin Barrett, and Andrew Yang join The 11th Hour tonight.  To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Chaos erupts inside Trump's White House as the fallout from the New York Times' Epstein files reporting intensifies. With insiders reportedly saying the "knives are out," JD Vance's chief of staff exits and Trump capitulates on his Director of National Intelligence pick after Congress revolts. Dina Doll reports.  Lola Blankets: Get 40% off select Lola Blankets products at https://LolaBlankets.com by using code MISSTRIAL at checkout. Experience the world's #1 blanket with Lola Blankets. Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast Cult Conversations: The Influence Continuum with Dr. Steve Hassan: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show The Ken Harbaugh Show: https://meidasnews.com/tag/the-ken-harbaugh-show Majority 54: https://www.meidastouch.com/tag/majority-54 On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered

There are NASA Administrators, and then there are NASA Administrators—all are very accomplished individuals, but some stand out for their unique backgrounds and on-the-job successes, and Jim Bridenstine is one of the latter. Entering service as the new NASA Administrator in 2017 with a background as a Navy pilot, Congressman, and museum director, he was an unconventional choice, and faced some headwinds in the appointment—but Jim turned out to be exceptional in the job, especially given the state of NASA when he took it on. Join us to hear his experiences with our favorite space agency and what he's doing today. Headlines: SpaceX Shatters Records with Largest IPO Ever NASA Faces Backlash Over Artemis 3 Diversity Scientists Propose Magnetosphere Shield Against Solar Storms Main Topic: Jim Bridenstine & Quantum Space Jim Bridenstine's Unconventional Path to NASA Leadership Overcoming Political Challenges as NASA Administrator Launch and Evolution of the Artemis Moon Program Securing Bipartisan Support and Budget for Artemis Reflections on Artemis 2 Success and Artemis 3's Challenges The Need for a Robust Lunar Lander Solution NASA's Global Influence and Soft Power The Role of Private Investment in Space Exploration Bridenstine's Leadership at Quantum Space Quantum Space's Ranger Spacecraft and Military Space Tech National Security and Distributed Satellite Architectures Small Satellites and Future Space Warfare Quantum Space's Move to Go Public via SPAC Vision for Moon Bases and Lunar Resource Utilization Geopolitics of the New Moon Race and First Mover Advantage Quantum Space's Ambitions in Cislunar and Lunar Operations Hosts: Rod Pyle and Tariq Malik Guest: Jim Bridenstine Download or subscribe to This Week in Space at https://twit.tv/shows/this-week-in-space. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsor: threatlocker.com/twit

There are NASA Administrators, and then there are NASA Administrators—all are very accomplished individuals, but some stand out for their unique backgrounds and on-the-job successes, and Jim Bridenstine is one of the latter. Entering service as the new NASA Administrator in 2017 with a background as a Navy pilot, Congressman, and museum director, he was an unconventional choice, and faced some headwinds in the appointment—but Jim turned out to be exceptional in the job, especially given the state of NASA when he took it on. Join us to hear his experiences with our favorite space agency and what he's doing today. Headlines: SpaceX Shatters Records with Largest IPO Ever NASA Faces Backlash Over Artemis 3 Diversity Scientists Propose Magnetosphere Shield Against Solar Storms Main Topic: Jim Bridenstine & Quantum Space Jim Bridenstine's Unconventional Path to NASA Leadership Overcoming Political Challenges as NASA Administrator Launch and Evolution of the Artemis Moon Program Securing Bipartisan Support and Budget for Artemis Reflections on Artemis 2 Success and Artemis 3's Challenges The Need for a Robust Lunar Lander Solution NASA's Global Influence and Soft Power The Role of Private Investment in Space Exploration Bridenstine's Leadership at Quantum Space Quantum Space's Ranger Spacecraft and Military Space Tech National Security and Distributed Satellite Architectures Small Satellites and Future Space Warfare Quantum Space's Move to Go Public via SPAC Vision for Moon Bases and Lunar Resource Utilization Geopolitics of the New Moon Race and First Mover Advantage Quantum Space's Ambitions in Cislunar and Lunar Operations Hosts: Rod Pyle and Tariq Malik Guest: Jim Bridenstine Download or subscribe to This Week in Space at https://twit.tv/shows/this-week-in-space. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsor: threatlocker.com/twit

There are NASA Administrators, and then there are NASA Administrators—all are very accomplished individuals, but some stand out for their unique backgrounds and on-the-job successes, and Jim Bridenstine is one of the latter. Entering service as the new NASA Administrator in 2017 with a background as a Navy pilot, Congressman, and museum director, he was an unconventional choice, and faced some headwinds in the appointment—but Jim turned out to be exceptional in the job, especially given the state of NASA when he took it on. Join us to hear his experiences with our favorite space agency and what he's doing today. Headlines: SpaceX Shatters Records with Largest IPO Ever NASA Faces Backlash Over Artemis 3 Diversity Scientists Propose Magnetosphere Shield Against Solar Storms Main Topic: Jim Bridenstine & Quantum Space Jim Bridenstine's Unconventional Path to NASA Leadership Overcoming Political Challenges as NASA Administrator Launch and Evolution of the Artemis Moon Program Securing Bipartisan Support and Budget for Artemis Reflections on Artemis 2 Success and Artemis 3's Challenges The Need for a Robust Lunar Lander Solution NASA's Global Influence and Soft Power The Role of Private Investment in Space Exploration Bridenstine's Leadership at Quantum Space Quantum Space's Ranger Spacecraft and Military Space Tech National Security and Distributed Satellite Architectures Small Satellites and Future Space Warfare Quantum Space's Move to Go Public via SPAC Vision for Moon Bases and Lunar Resource Utilization Geopolitics of the New Moon Race and First Mover Advantage Quantum Space's Ambitions in Cislunar and Lunar Operations Hosts: Rod Pyle and Tariq Malik Guest: Jim Bridenstine Download or subscribe to This Week in Space at https://twit.tv/shows/this-week-in-space. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsor: threatlocker.com/twit

There are NASA Administrators, and then there are NASA Administrators—all are very accomplished individuals, but some stand out for their unique backgrounds and on-the-job successes, and Jim Bridenstine is one of the latter. Entering service as the new NASA Administrator in 2017 with a background as a Navy pilot, Congressman, and museum director, he was an unconventional choice, and faced some headwinds in the appointment—but Jim turned out to be exceptional in the job, especially given the state of NASA when he took it on. Join us to hear his experiences with our favorite space agency and what he's doing today. Headlines: SpaceX Shatters Records with Largest IPO Ever NASA Faces Backlash Over Artemis 3 Diversity Scientists Propose Magnetosphere Shield Against Solar Storms Main Topic: Jim Bridenstine & Quantum Space Jim Bridenstine's Unconventional Path to NASA Leadership Overcoming Political Challenges as NASA Administrator Launch and Evolution of the Artemis Moon Program Securing Bipartisan Support and Budget for Artemis Reflections on Artemis 2 Success and Artemis 3's Challenges The Need for a Robust Lunar Lander Solution NASA's Global Influence and Soft Power The Role of Private Investment in Space Exploration Bridenstine's Leadership at Quantum Space Quantum Space's Ranger Spacecraft and Military Space Tech National Security and Distributed Satellite Architectures Small Satellites and Future Space Warfare Quantum Space's Move to Go Public via SPAC Vision for Moon Bases and Lunar Resource Utilization Geopolitics of the New Moon Race and First Mover Advantage Quantum Space's Ambitions in Cislunar and Lunar Operations Hosts: Rod Pyle and Tariq Malik Guest: Jim Bridenstine Download or subscribe to This Week in Space at https://twit.tv/shows/this-week-in-space. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsor: threatlocker.com/twit

AGENDA: 00:00 – SpaceX Launches the Largest IPO Roadshow in History at $1.77T Valuation 05:00 – Did Elon Break the IPO Playbook? The High-Risk Pricing Strategy Explained 12:00 – Will SpaceX Create a New Generation of Venture Billionaires? 17:00 – OpenAI Files to Go Public as the AI IPO Race Officially Begins 19:00 – Sam Altman's Vision: Why AI Is Becoming Always-On Infrastructure 22:00 – Apple Admits Defeat on Siri and Turns to Google AI 25:00 – Uber Cuts 23% of HR as AI Reshapes White-Collar Work 31:00 – Founders Revolt Against VCs: The Fundraising Horror Stories Going Viral 38:00 – Lovable Hits $500M ARR: The Rise of the 100-Person Billion-Dollar Company 48:00 – Elon's Masterstroke: Why the Cursor Acquisition Could Be the Deal of the Year  

The Anthropic IPO is officially in motion. IPO season is back, and companies like Anthropic and SpaceX are leading the race to go public. Anthropic just filed confidentially with the SEC at nearly a trillion dollar valuation, and Claude has been dominating the AI conversation all year. Almost at the same time, two of their biggest customers, Microsoft and Uber, are quietly pulling back on how much they're actually spending on AI. That tension is what this episode is all about.Here's what we're sippin on:What an SEC filing actually means, and why the timing of Anthropic's IPO matters more than the numberWhy Microsoft and Uber are cutting AI spend even though the tools are workingWhat the Gartner forecast on AI budgets tells us about where this whole thing is headed, and what it means for anyone investing in AI right nowIf you've been watching the AI market and wondering what any of this means for you on the ground, this one is for you.A SpaceX deep dive is coming soon, so stay subscribed for that one.Thank you for listening, and as always... enjoy your first sip!Click here to watch the full episode on YouTubeWhat did you think about this episode?--------------------------------JOIN THE NEWSLETTER: Stay sharp on business, career, and life. First Sip Weekly delivers honest lessons, tips, and real conversations from the show to your inbox every week. https://firstsipweekly.beehiiv.com/CONNECT WITH DEKIMBE: YouTubeInstagram  Facebook LinkedInFOLLOW THE PODCAST:InstagramApple PodcastsSpotifyFor podcast sponsorship & advertising opportunities please contact: firstsippod@gmail.com

This is our daily Tech and Business Report. KCBS Radio news anchor Margie Shafer spoke with Bloomberg's Natalia Kniazhevich about SpaceX's IPO, which is set to hit the market tomorrow, sending people into a frenzy as they prepare to invest and buy stock in Elon Musk's company.

Plus: U.S. expands list of Chinese companies it says assist Beijing's Military. And Meta launches a free workforce academy to train construction workers to build data centers. Imani Moise hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Alibaba and Baidu face U.S. restrictions under an updated Pentagon list. And Chinese exports accelerated in May in a big boost to the struggling economy. Luke Vargas hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ahead of the World Cup, FIFA President Gianni Infantino and AB InBev CEO Michel Doukeris discuss their revenue expectations for the event, hotel booking trends and ticket prices. Then, we bring you all the details on OpenAI confidentially filing to go public. Also, we break down the street's reaction to Apple WWDC.   Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Anthropic is preparing for public markets. Europe is pushing to reduce its reliance on American tech. And CNN just filed a copyright lawsuit against Perplexity. This week, Anthropic files confidential paperwork for an IPO in one of the biggest milestones yet for the AI industry, Europe unveils a tech sovereignty plan to reduce its dependence on American technology, CNN sues Perplexity over the alleged redistribution of more than 17,000 copyrighted stories, Morgan Stanley opens its platform to external AI agents using MCP, and Microsoft teams up with Mayo Clinic to build an AI model for healthcare. If you are a founder, operator or executive trying to keep up with AI, this is your weekly five minute briefing. Stories Covered This Week: Anthropic files confidential paperwork for an IPO, with OpenAI expected to follow soon Europe unveils a tech sovereignty plan to build out data centers, revive its chip industry and buy more from European suppliers CNN sues Perplexity over the alleged use of more than 17,000 copyrighted stories, photos and videos Morgan Stanley becomes one of the first major Wall Street banks to open its platform to external AI agents via MCP Microsoft and Mayo Clinic partner to build an AI model designed specifically for healthcare Episode Timestamps: 00:00 Intro 00:17 Anthropic files to go public 01:17 Europe pushes for tech sovereignty 02:28 CNN sues Perplexity 03:23 Morgan Stanley opens up to AI agents 04:22 Microsoft and Mayo Clinic build a healthcare AI 05:11 Outro Partner Links: Upgrade your AI toolkit: https://www.theaireport.ai/ai-executive-pass Subscribe to our free newsletter: https://newsletter.theaireport.ai/subscribe Join the community: https://community.theaireport.ai/checkout/the-ai-report-welcome-gift?coupon_code=WRTH Learn more about your ad choices. Visit megaphone.fm/adchoices

OpenAI has confidentially filed an S-1 form for an initial public offering, the company said in a brief statement on Monday, about one week after artificial intelligence rival Anthropic did the same as several of the largest companies in the industry prepare to go public. In a brief statement released on Monday evening, OpenAI said it expected news of the confidential filing to leak, prompting it to announce the filing early. The company said it hasn't decided when the highly anticipated IPO would take place, warning that quote “it may be a while because there are things we want to do that are likely easier as a private company.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus - Amazon now lets you design custom merch using AI Learn more about your ad choices. Visit podcastchoices.com/adchoices

MeidasTouch host Ben Meiselas reports on Donald Trump getting called out by top retired military generals for his violations of the law.  Head to https://Manukora.com/meidas to save up to 31% plus $25 worth of FREE gifts! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast Cult Conversations: The Influence Continuum with Dr. Steve Hassan: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show The Ken Harbaugh Show: https://meidasnews.com/tag/the-ken-harbaugh-show Majority 54: https://www.meidastouch.com/tag/majority-54 On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

Our 247th episode with a summary and discussion of last week's big AI news!Recorded on 06/03/2026Hosted by Andrey Kurenkov and Jeremie HarrisFeel free to email us your questions and feedback at andreyvkurenkov@gmail.com and/or hello@gladstone.aiRead out our text newsletter and comment on the podcast at https://lastweekin.ai/In this episode:Anthropic released Claude Opus 4.8 with improved benchmark scores, discussed eval-awareness findings and welfare/corrigibility themes from its system card, and introduced Dynamic Workflows for long-running multi-agent tasks.Microsoft unveiled the always-on Microsoft Scout assistant built on OpenClaw plus new in-house MAI models (including MAI Thinking 1) and “frontier tuning,” emphasizing enterprise security architecture and model-from-scratch capability.Major business moves included Anthropic's $65B Series H at a $965B valuation alongside an IPO filing, a JPMorgan analysis arguing OpenAI needs major revenue growth to justify infrastructure spend, and Cognition raising $1B at a $25B valuation.Policy and security highlights covered Trump's voluntary pre-release government testing framework for powerful AI, Meta AI support being exploited to hijack Instagram accounts, tightened US Nvidia export controls and China's travel approvals for AI experts, plus expanded Glasswing/Mythos-style cyber and biodefense initiatives.Timestamps:(00:00:10) Intro / Banter(00:04:10) Sponsors(00:07:10) News PreviewTools & Apps(00:07:54) Anthropic releases Opus 4.8 with new 'dynamic workflow' tool | TechCrunch(00:22:37) Microsoft Scout is a new AI personal assistant built on OpenClaw | The Verge(00:26:55) Microsoft launches new MAI family of AI models at Microsoft Build | Mashable(00:37:43) Robinhood now lets your AI agents trade stocks | TechCrunch(00:40:49) OpenAI launches new Codex tools for white-collar work | TechCrunch(00:43:40) ElevenLabs' new music-generation model can switch genres mid-track | TechCrunchApplications & Business(00:44:35) Anthropic Hits $965 Billion Valuation, Surpassing OpenAI - WSJ(00:45:32) Anthropic Files to Go Public, Setting Stage for Huge I.P.O. - The New York Times(00:51:15) China's ByteDance Developing New AI Chips Like Those from Nvidia Partner Groq(00:55:00) Anthropic expands Mythos to 150 additional organizations(00:55:35) OpenAI needs a 26x revenue increase to justify its buildout(00:58:46) AI coding startup Cognition raises $1B at $25B pre-money valuation | TechCrunchProjects & Open Source(01:00:50) MiniMax-M3 debuts, eclipsing GPT-5.5 and Gemini 3.1 Pro on key benchmark performance for just 5-10% of the cost | VentureBeatPolicy & Safety(01:06:08) Trump Signs Executive Order Seeking Oversight of A.I. Models - The New York Times(01:11:45) Hackers Simply Asked Meta AI to Give Them Access to High-Profile Instagram Accounts. It Worked(01:13:058) Chinese AI experts in private firms now required to secure approval before international travel — Beijing enforces policy to secure top-tier talent, expands measures beyond government(01:17:53) U.S. Tightens Controls on Nvidia AI Chip Exports | Let's Data Science(01:21:47) OpenAI launches Rosalind Biodefense, offers federal agencies early access to its life-sciences model(01:24:00) Using LLMs to secure source code(01:26:19) Project Glasswing: An initial update(01:29:30) White House Approves $9 Billion for Spy Agencies to Catch Up on A.I.(01:32:11) US Law Enforcement Warns of ‘Anti-Tech Extremism' as AI Hatred GrowsSynthetic Media & Art(01:35:38) YouTube will now automatically label AI videos | TechCrunchResearch & Advancements(01:36:22) Why Larger Models Learn More: Effects of Capacity, Interference, and Rare-Task Retention(01:41:26) From Simulation to Enaction: Post-trained language models recognize and react to their own generationsSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

SpaceX, Anthropic and OpenAI are all racing to the public markets. We discuss what their I.P.O.s mean for the industry, charitable giving and anyone invested in an index fund. Then, more than 1,000 mathematicians signed a declaration this week raising concerns about the use of A.I. in their field. Author Kevin Hartnett joins to explain what the fuss is all about. And finally, we run through the biggest headlines of the week — including the new executive order on A.I. — in a round of HatGPT.   Guest: Kevin Hartnett, author of The Proof In the Code: How a Truth Machine is Transforming Math and AI Additional Reading: Anthropic Files to Go Public, Setting Stage for Huge I.P.O. As A.I. Makes Strides in Mathematics, Mathematicians Urge Caution ​​An SF Startup Is Secretly Testing Robots in Airbnbs, and Trashing Them, Lawsuit Claims Trump Signs Executive Order Seeking Oversight of A.I. Models  U.S. Is Said to Be Investigating George Santos Over Kalshi Betting Hackers Simply Asked Meta AI to Give Them Access to High-Profile Instagram Accounts. It Worked United Flight Forced to Turn Around Because of a Bluetooth Speaker Name ‘Survivor' Boss Jeff Probst Says Kalshi and Polymarket Are ‘Incentivizing People to Lie, Cheat and Steal'; Kalshi Is Now Considering Measures to Prevent Spoilers   We want to hear from you. Email us at hardfork@nytimes.com. Find “Hard Fork” on YouTube and TikTok. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It's a news roundup! First, in a duo of stories designed to make Ed jealous, Australia has seized 20 million illegal vapes at the border since January 2024, while the Australian attorney general has announced a $1.4 billion lawsuit against 3M over the harmful effects of PFAS or “forever chemicals”. Second, Anthropic files a massive IPO, with OpenAI and SpaceX looking to do the same soon. We chat about the implications of $3-4 trillion worth of liquidity events happening in the tech sector at the same time. Third, the pope wrote an encyclical, the butlerian jihad is catholic (always has been), and the christian tech-right is crashing out. Fourth, congrats, dear listener, on being marked as an “anti-tech extremist”! ••• Australian Border Force seize 20 million illegal vapes since January 2024 as crackdown continues https://www.abc.net.au/news/2026-05-29/border-force-seize-illegal-vapes-crackdown/106734164 ••• Australia Sues 3M for $1.4 Billion Over ‘Forever Chemicals' https://www.nytimes.com/2026/05/28/business/australia-lawsuit-3m-psas.html ••• Anthropic Files to Go Public, Setting Stage for Huge I.P.O. https://www.nytimes.com/2026/06/01/technology/anthropic-ipo.html ••• Magnifica Humanitas | Pope Leo XIV https://www.vatican.va/content/leo-xiv/en/encyclicals/documents/20260515-magnifica-humanitas.html ••• US Law Enforcement Warns of ‘Anti-Tech Extremism' as AI Hatred Grows https://www.wired.com/story/us-law-enforcement-warns-of-anti-tech-extremism/ ••• Local Police Targeted Data Center Opponent, Law Firm Alleges https://heatmap.news/plus/the-fight/hotspots/alabama-nebius-data-center-police Standing Plugs: ••• Order Jathan's book: https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite ••• Subscribe to Ed's substack: https://substack.com/@thetechbubble ••• Subscribe to TMK on patreon for premium episodes: https://www.patreon.com/thismachinekills Hosted by Jathan Sadowski (bsky.app/profile/jathansadowski.com) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (bsky.app/profile/jebr.bsky.social)

This week, we discuss NVIDIA going consumer, Microsoft Build, and the Anthropic/OpenAI IPO race. Plus, does credit card insurance work? Watch the YouTube Live Recording of Episode 575 Runner-up Titles Who Wins AI? Models vs. Middleware Jensen After Dark Once again, robots Why is this something you talk about in a keynote? Could this have been an app? Defeating Apple, the sword in the stone Your tokens are my margin Prisons, schools and military - what is the Venn diagram? Every enterprise is unhappy in their own way Rundown Nvidia NVIDIA and Microsoft Reinvent Windows PCs for the Age of Personal AI Nvidia's N1X Apple Silicon rival is two years behind Nvidia, Microsoft, and Arm are all teasing Nvidia's new N1X laptop processors Blackstone and Google launch $5B TPU cloud venture with 500MW of AI capacity AI server demand drives staggering revenue growth for Dell and its stock soars Microsoft Build Microsoft Build 2026: Be yourself at work Microsoft Build Live Blog Microsoft admits its "infuriating" floating AI button was a mistake OpenAI and Anthropic Go Public Anthropic Files to Go Public, Setting Stage for Huge I.P.O. OpenAI Prepares to File to Go Public in Coming Weeks How Anthropic Got So Big, So Fast Anthropic and SpaceX compute OpenAI launches new Codex tools for white-collar work OpenAI Hires ServiceNow CMO Colin Fleming to Lead Business Marketing Push Wiz + Anthropic: Claude Enterprise Meets the Security Graph Relevant to your Interests Grafana breach caused by missed token rotation after TanStack attack GitHub Got Hacked. The AI Security Arms Race is Here Hackers Simply Asked Meta AI to Give Them Access to High-Profile Instagram Accounts. It Worked SpaceX not the behemoth everyone thought Spotify adds AI-powered Q&A and briefing generation features to podcasts Amazon Web Services - Four Years and Out + AWS Fired the One Employee Who Gave a Damn Introducing UniFi 5G Backup AI Generated Summaries WSJ: How I Choose Which Cloudflare Employees to Replace with AI Microsoft open-sources the earliest DOS source code discovered to date Audio-generation app Huxe, founded by former NotebookLM developers, shuts down Bill Gates Spent Years Crafting His Image. Now It's Cracking. How do AI Layoffs Work? Some Speculation. Snowflake to Acquire Natoma to Bring Governed Agentic Access to the Enterprise U.S. companies have an AI problem. Indian IT wants to be the solution Meta to start testing AI subscription services, cheapest plan at $7.99/month Sponsors Sentry - Quit Buggin': use code sdt26 for $100 in credit for new customers Nonsense What Is a Dickover? Listener Feedback Henning corrects Coté's pronunciation of León. Conferences VMware User Group, Dallas, June 9-11, 2026 WeAreDevelopers Europe, July 8-10, 2026 Berlin, Coté speaking. DevOpsDays Graz, Sept 4-5, 2026 DevOpsDays Rockies, Sept. 22 – 23, 2026, Discount Code: 26DODSWEDEFTALK WeAreDevelopers NA, Sept 23-25, 2026, Discount Code: DEVPOD26 25 Free Tickets DevOpsDays Dallas, Sept 28-29, 2026 DevOpsDays Vilnius, Sep 30 - Oct 1, 2006 DevOpsDays Istanbul, Oct 24th, 2026, Coté keynoting. VMware User Group, Orlando, Oct 20-22, 2026 SDT News & Community Join our Slack community Email the show: questions@softwaredefinedtalk.com Free stickers: Email your address to stickers@softwaredefinedtalk.com Follow us on social media: Twitter, Threads, Mastodon, LinkedIn, BlueSky Watch us on: Twitch, YouTube, Instagram, TikTok Book offer: Use code SDT for $20 off "Digital WTF" by Coté Sponsor the show Sponsor more podcasts with Failover Media Recommendations Brandon: The spelled-out intro to neural networks and backpropagation: building micrograd Matt: Boards of Canada: Inferno Aphex Twin - Live in Houston Coté: ElevenLabs, for example Coté's learning Dutch podcast.

The economy and markets can feel dizzying and ever changing. That's where we can help. Fisher Investments' “This Week in Review” is a weekly segment designed to highlight a few things you may have missed this week, what they could mean for financial markets and why they matter to investors like you. This week, Fisher Investments reviews: • Recent IPO Activity • May US jobs data • Rising credit card debt Below are the sources for all data cited in today's show: 1. Source: The Wall Street Journal, as of 6/2/2026. “Anthropic Files to Go Public in Blockbuster Year for IPOs”, by Kate Clark and Corrie Driebusch. 2. Source: The Wall Street Journal, as of 6/4/2026. “Terms Revealed for SpaceX's Unconventional $75 Billion IPO”, by Becky Peterson and Corrie Driebusch. 3. Source: Warrington College of Business, University of Florida as of 6/2/2026. Returns from IPOs held 1980 – 2024 during the first/second year after issuing and averaged annually across the first five years. Compared to equally weighted average returns for all IPOs that are traded on Nasdaq, the Amex (now NYSE MKT), or the NY Stock Exchange at the start of a period. Forward returns are captured through 12/31/2025. 4. Source: Bureau of Labor Statistics, as of 6/5/2026. BLS Employment Situation Report, May 2025 – May 2026. 5. Source: Federal Reserve Bank of New York, as of 6/3/2026. US Credit Card Accounts Delinquent by 90 or More Days, 12/30/2011 – 3/31/2026. 6. Source: Federal Reserve Bank of New York, as of 6/3/2026. Quarterly Report on Household Debt and Credit, Q4 2025 – Q1 2026. 7. Source: Federal Reserve Bank of New York, as of 6/3/2026. Quarterly Report on Household Debt and Credit: Total Debt Balance and its Composition, Q1 2003 – Q1 2026. 8. Source: Federal Reserve Bank of St. Louis, as of 6/5/2026. Delinquency Rate on Single-Family Residential Mortgages, Booked in Domestic Offices, All Commercial Banks, Q1 2009 – Q1 2026. 9. Source: Federal Reserve Bank of St. Louis, as of 6/5/2026. US Household Net Worth, Q4 1987 – Q1 2026. Want to dig deeper? • What recent IPO activity tells us about investor sentiment: https://www.fisherinvestments.com/en-us/insights/market-commentary/in-orbit-on-tech-sentiment-and-ipos • More on what rising what rising credit card delinquencies signal: https://www.fisherinvestments.com/en-us/insights/market-commentary/rising-credit-card-delinquencies-in-context Have feedback for this Fisher Investments video? Share your thoughts on this episode in just 1 minute by filling out this survey: https://fi.co1.qualtrics.com/jfe/form/SV_6Vw1ezlogR044S2?VideoCode=WeekInReview5Jun2026 Connect with Fisher Investments on: • Facebook - https://www.facebook.com/FisherInvestments • X - https://twitter.com/fisherinvest • LinkedIn - https://www.linkedin.com/company/fisher-investments • Instagram - https://www.instagram.com/fisher.investments/ • TikTok - https://www.tiktok.com/@fisher_investments You can also follow Ken Fisher here: • Facebook - https://www.facebook.com/KenFisher.FisherInvestments • X - https://twitter.com/KennethLFisher • LinkedIn - https://www.linkedin.com/in/ken-fisher/ • Instagram - https://www.instagram.com/kenfisher_fisherinvestments/ Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.

AGENDA: 00:00:00 — Private Markets Are "F***ing Done" & The Shift to Heavy CapEx 00:00:46 — Anthropic Files to Go Public  00:04:59 — Will the Anthropic IPO Break the Startup Ecosystem? 00:06:22 — The "Billion-Dollar Position" Era: VCs Reset Their Expectations 00:18:11 — The Trillion-Dollar Cash Grab: Google, SpaceX, and OpenAI Rush the Queue 00:23:15 — Is the SaaS Apocalypse Over? Bouncing Off the Bottom 00:25:34 — The Death of Human Per-Seat Licenses as Multiples Shift 00:27:18 — Winners vs. Losers: How Agentic Focused Products Captured the Market 00:30:26 — Cognition Raises $1 Billion at a $26 Billion Valuation 00:33:04 — Token Budgeting Panic Hits Corporate America 00:35:46 — Multi-Model Workflows and the Future of Cost Containment 00:41:20 — Choosing Tokens Over Humans: The 2027 Engineering Reality Check 00:46:42 — Can Large Companies Survive Slashing One-Third of Their Engineering Talent? 00:57:40 — Big Law Flex: Kirkland & Ellis Pledges $500 Million to Build In-House AI 01:01:21 — Giving Away the Crown Jewels: Will Firms Trust Claude? 01:08:44 — Robinhood's AI Move: Automating Financial Planning vs. Beating the Market 01:16:15 — Apollo Warns PE Software Returns Are About to Be Disastrous 01:19:15 — $10 Billion Carry Pools: Will VC Winners Quit the Game? 01:24:10 — The 9-9-6 Work Ethic: Performative Theatre or Startup Reality? 01:30:10 — The Great Valley Contradiction: Working 24/7 to Automate White-Collar Work  

In this 100th episode of Swimming with Alligators, Earnest and Alexa dive into how emerging managers and VCs can truly differentiate in a world where everyone shows the same logos and track records. They unpack why LPs increasingly care about who actually sourced and led deals, why personal differentiation matters more than over-explaining strategy, and how consumer investing is quietly coming back into favor. They explore the limits of “AI strategies” that are more theater than edge, the shifting career paths for 30–40-something VCs, and whether the popular barbell approach to venture (tiny funds + megafunds) still fits a rapidly changing market. They also discuss how diligence is evolving, why moats now look more like trust, data, and distribution than pure tech, and what a wave of large IPOs could mean for angels, new funds, and early-stage competition. Highlights from this week's conversation include: Celebrating 100 Episodes and DDQ Format (0:33)   Differentiation in Fund Decks and Shared Logo Problem (2:12) Why Sourced vs Led Matters and Back-Channel Relationships (3:56) Overemphasis on Strategy vs True Differentiation and Team Cohesion (6:25) Pressure to Go Public, Headaches of Being Public, and Lawsuit Risk (10:14) OpenAI, Anthropic, SpaceX, and Logic of If They Do It, We Have to Do It (12:26) Enterprise VCs Moving into Consumer and Founders Rethinking Moats (14:11) Distribution, Brand, Trust, and Proprietary Data as Defensible Moats (16:25) Google, Personal Data, and Unseen Costs of Using LLMs (18:15) LPs Asking About AI Strategy and Congruent Use of AI Tools (20:44) Start ,Bench, Cut, Trade, and Suspend for 30s and 40s VCs (24:46) Allocators Following a Barbell Approach and Conventional Wisdom (27:11) LPs Diligencing Firm Strategy, Hiring, and Seed Creep at Large Funds (34:56) Audience Q&A Segment Introduction and Contact Information (37:13) Tinkering, Experimenting with Workflows, and Evaluating AI Tool Impact (39:07) Durability of Business Models, Trust, Distribution, and Manufactured Momentum (41:02) Post-IPO Talent Leaving, Mafias, and Angel-Backed New Founders (44:11) Closing Reflections on 100 Episodes and Looking Ahead to the Future (46:24) Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies.  The information provided on this podcast does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this podcast are for general informational purposes only. Learn more about your ad choices. Visit megaphone.fm/adchoices

DAMIONCarnival Corporation's data breach exposed personal data of nearly 6 million customers: An April social engineering attack on an employee account compromised names, dates of birth, and government-issued ID numbers. WHO DO YOU BLAMESkills: Technology & Cybersecurity: Experience with information technology and cybersecurity matters is increasingly important to mitigate the risks our business faces, promote innovation and maintain a competitive edge in a rapidly evolving technological ageLeast represented 5/11CEO Josh WeinsteinNO: at Carnival since 2002, started as General CounselSir Johathon BandNO: First Sea Lord and Chief of Naval Staff, the most senior officer position in the British Navy (2006 to 2009, when he retired); Admiral and Commander-in-Chief Fleet (2002 to 2006); Served as a naval officer in increasing positions of authority (1967 to 2002)Jason CahillyNO: CEO Dragon Group LLC, provides capital and business management consulting and advisory services worldwide; The NBA: CFO & Chief Strategic Officer; Goldman Sachs: Partner; Global Co-Head of Media and Telecommunications; Head of Principal Investing for Technology, Media & TelecommunicationsNelda ConnorsNO: CEO/Chair Pine Grove Holdings, a privately held investment company; CEO Atkore International, manufacturer of electrical, safety and infrastructure solutions; VP Eaton Corporation, electrical and automotive supplierLaura WeilNO: Founder Village Lane Advisory LLC, specializes in providing executive and strategic consulting services to retailers COO New York & Company, women's apparel and accessories retailer; CEO Ashley Stewart, women's apparel retailer; CEO Urban Brands, apparel retailer; COO AnnTaylor Stores, women's apparel retailer; CFO American Eagle Outfitters, apparel retailerAudit Committee: Oversee management's risk assessment processes to identify principal and emerging risks, including financial, IT, cybersecurity and non-HESS operational risksLaura Weil*: NOJason Cahilly: NOJeffrey Gearhart: NOWalmart Corporate Secretary and lawyerStuart Subotnick: NOCEO at Metromedia Company, wireless/communications, until 2010; Carnival director since 1987 Health, Environmental, Safety and Security Committee: Oversee management's processes to identify principal and emerging health, environmental, safety, security and sustainability-related risks, including those related to ship operations and cybersecurity, RAAS health, environmental, safety, security audits, IAG and external investigations into significant ship incidents, and health, environmental, safety, security-related hotline complaints, and assess the steps management has taken to minimize such risks.Sir Johathon Band*: NONelda Connors: NOHelen Deeble: NOFormer CEO P&O Ferries Division Holdings, shipping and logistics businessKatie Lahey: NOExecutive Chair Korn Ferry Australasia, leadership and talent firmMicky Arison (75%): Exec Chair and former CEO and 7% stockholderThe CEO Pay Ratio1,063:124 retail CEOs made as much in a day as their typical employee earned in a year — and a big one didn't. WHO DO YOU BLAMEThe separation of CEO and Chair: Hamilton E. James Chair/Ron Vachris MMNot uniqueOnly 50% of the board is men. WTF?uniqueOne share = one voteNot uniqueState of HQ = WashingtonAlso StarbucksState of Inc = WashingtonAlso StarbucksPledge of allegiance to stakeholdersCostco generally has: Higher wages; Better benefits; Lower turnover; Higher sales per employee.Industry-leading employee compensation AND Self-imposed low-margin pricing philosophyWalmart only low-margin pricingOther comps:Todd Vasos of Dollar General, Shane O'Kelly of AutoZone, Gerald Morgan of Texas Roadhouse, Jack Sinclair of Sprouts Farmers Market, William Stengel of Genuine Parts Company, Michael Creedon of Dollar Tree, Ronald Sargent of Kroger, Lauren Hobart of Dick's Sporting Goods, Joshua Kobza of Restaurant Brands Inc., Kecia Steelman of Ulta Beauty, Scott Boatwright of Chipotle, Ted Decker of Home Depot, Bob Eddy of BJ's Wholesale Club, Corie Barry of Best Buy, James Conroy of Ross Stores, Chris Turner and David Gibbs of Yum Brands, Chris Kempczinski of McDonald's, Marvin Ellison of Lowe's, Brian Cornell of Target, Ernie Herrman of TJX Companies, Doug McMillon of Walmart, Brian Niccol of Starbucks, Hal Lawton of Tractor Supply Co, Laura Alber of Williams-SonomaFigma Gets an Activist Investor. Exhibit A on Why Companies Don't Want to Go Public. Figma's first year as a public company hasn't gone well. Findell Capital Management said it needs to take steps to shed its unwarranted reputation as an artificial-intelligence “loser.” WHO DO YOU BLAME?Figma founder and CEO Dylan Field: Owns 10% of shares but 72% of voting power: Class B shares worth 15 votes per shareDylan owns 158 Class A Shares (or 0.00003556% of 444,278,887)And Chair$5B net worth$865M total summary compensation in 2025; $91M in 2024Nominating Agreement:Figma must nominate Dylan Field to be a director and include him in the proxy statementThe company must use its resources to back him up and actively convince other shareholders to vote for him In response to a question about how he was going to change the world, Dylan said he was going to build better software for drones.Bro fest sausage party2 of 9 directors are womenTop 5 NEOs all dudesPeter ThielForced Dylan to drop out of Brown for a dumb fellowshipVC Blowhardiness on the BoardVC dude John Lilly (Greylock): Lead Independent Director2nd longest tenure (2014)Member of the Audit Committee; Member of the Nominating Committee (only Lilly and Rimer)VC dude Andrew Reed (Sequoia)Director at debt-maker Klarna Group (also way down since IPO): down roughly 54% from its initial $40.00 IPO price, and down nearly 68% from its all-time highMember of the Compensation Committee (which modeled Dylan's pay package after Elon Musk)VC dude Danny Rimer (Index Ventures)Director since 2014B.A. in History and Literature from HarvardMember of the Compensation Committee (which modeled Dylan's pay package after Elon Musk)Member of the Nominating Committee (only Lilly and Rimer)Luis von AhnDuolingo co-founder and CEO2025: shared an internal email outlining Duolingo's new "AI-first" strategy where Duolingo would “gradually stop using contractors to do work that AI can handle”Stated that "AI is a better teacher than humans" and that the future role of teachers would be reduced to providing "childcare."Blamed the controversy on a "lack of context" in his original statements"AI-First" memo goes viral: $389; today $118MATTDanone, Starbucks shine in methane-reduction rankingDanone is the only company in the group aligned with the Global Methane Pledge, an initiative backed by 150 countries that targets a 30 percent reduction in global levels of the gas by 2030. The French multinational also leads the pack in progress toward its target, having come close to hitting it five years ahead of schedule.WHO DO YOU CREDIT?Chair of the CSR committee Lise Kingo (9% influence), one of three directors tagged as merit directorsmaster's degree in Responsibility & Business from the University of Bathbachelor degrees in Religions and Ancient Greek Artbachelor's degree in Marketing and Economicscertificate as International Director from INSEADEx Novo Nordisk environmental affairs, internal audit, compliance, human resources, communication, branding and sustainabilityHelped create the UN SDGs and the UN Global CompactSomehow only bats 559 on carbon intensity (career) and 415 for scope 1/2 (career)Also, using deference metrics, the ONLY DIRECTOR tagged as fully independentEmployee rep member of the CSR committee Bettina Theissig (5% influence) and the employees of DanoneThe committee charter mandates employees get a say: At least two thirds of the CSR Committee must be independent, as defined by the AFEP-MEDEF Code. At least one Director representing employees must be a member of the Committee.In France (Danone's domicile), the European Investment Bank found that French employees were the most aware of environmental issues - 82% of French employees said they were highly concerned about environmental issues, highest in EuropeLead Independent Director and chair of the Nom/comp committee who put together the comp plan, Valerie Chapoulaud-Floquet15% influence, second to the 18% influence CEO (democracy!!), got 99.16% shareholder approval in April (even as CEO got 89.73% approval and pay got 93.19% approval)20% of short-term pay and 30% of long-term pay is based on hitting sustainability targetsWhen you pay a CEO to do a thing, they are more likely to do a thingEx-CEO Emmanuel FaberOusted in 2021 by the board of directors and activist investors, he transformed Danone into an “enterprise a mission” (a French version of a B corp)Investors voted 99% in favor of the move and a year later ousted Faber, the board resigned, and the new board and CEO are basically moving back towards being environmental leaders because it paid offShort term share price laggedHe said in 2024 that nature is “at the core” of Danone, It took the stock 3 years from Faber's ousting to return to Faber levels - and in the meantime, they were sued for plastics and emissionsIsn't this HIS win?Current CEO Antoine de Saint-AffriqueBecause CEOGM Board Director Jonathan McNeill Stepping DownCEO of DVx Ventures. Ex COO at Lyft Inc. and ex president, Global Sales, Delivery and Service at Tesla, current director at Lululemon, GM director since 2022, on the Governance and Corporate Responsibility committee and Risk and Cybersecurity committee.We know that half of boards on average think someone on the board should be replaced - did the GM board not like McNeill?WHO/WHAT WOULD WE BLAME FOR PUSHING MCNEILL OUT?Outsider dude bro DRLet's be honest, McNeill worked at much more… modern?... companies than GMThe board is OLD SCHOOL - ex Northrop Grumman, ex Visa, ex Lazard, ex HP, ex eBay, ex Novartis, ex Walmart, other directorships at Goldman, Huntsman, P&G… these are professional, insular boardsMeanwhile, he's investing as a VC in AI, other auto/mobility startups, comes from boards that are bro founder lead (Tesla, Lyft) He's invested in AI, crypto, heavy tech, intertwined with VCs all overNot deferential enoughBarra is connected to 94% - THE ENTIRE - boardMcNeill has the highest network power on the board at $9tn, higher than even Mary Barra (who is super connected), but is NOT a power player in the board community of GM - the dominant board communities for GM are massive blue chip US companies, where McNeill has deeper connections in smaller IT/tech focused companiesHe doesn't need the pay, he gets nothing for the connections really, he has connection to Barra but his network is different - was he too independent?Pissed he doesn't have enough influence McNeill has the LOWEST influence on the GM board at 4%He's relatively new, younger, working as a VC where you have a lot of power of capital allocation“I don't need this shit” effect?Too many womenMcNeill's dvX ventures portfolio team is 6 dudes and 1 womendvX entire operations staff is two woman - guess what they do“Chief of Staff” (ie, HR)Executive Assistant (yes, listed on the team)Board is 2 women, 3 men (McNeill not on board)This one seems unlikely I guess?Too busy, meh, move onOne of dvX portfolio companies is curbee, with GM Ventures' Kurt Baumgarten on the board (and the dvX co-founder is founder of Curbee)McNeill on at least 3 of his portfolio boards or advisory committees, plus LULU and GM…

Timestamps: 0:00 Intro 0:14 NVIDIA RTX Spark 1:49 Anthropic Files to Go Public 2:55 AMD Announcements 5:09 QUICK BITS INTRO 5:17 NVIDIA DLSS Ray Reconstruction Upgrade 5:54 New Gaming Handhelds 6:44 Meta Fixes Password Reset Exploit 7:17 Sony Details New PS Accessories 7:50 Paint.net Now Downloadable from Paint.net NEWS SOURCES: https://lmg.gg/h02BS Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Florida sues OpenAI and Sam Altman, saying the ChatGPT company knowingly released an unsafe product. And Barry Diller's People Inc. makes a bid for MGM Resorts. Alex Ossola hosts. Sign up for WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

M.G. Siegler is the author of Spyglass.org. Siegler joins Big Technology to discuss whether Google is falling behind in AI as OpenAI and Anthropic push ahead with coding agents and super-app ambitions. Tune in to hear why AI agents may reshape the way people use the web, email, apps, and browsers, and why that could put Google in a difficult position. We also cover Apple's upcoming WWDC, the rumored iPhone Fold, Meta's messy subscription strategy, and Anthropic's move toward an IPO. Hit play for a sharp, wide-ranging conversation on the biggest power shifts happening in tech right now. Join Big Technology's AI Summit on June 18: summit.bigtechnology.com --- Enjoying Big Technology Podcast? Please rate us five stars ⭐⭐⭐⭐⭐ in your podcast app of choice. Want a discount for Big Technology on Substack + Discord? Here's 25% off for the first year: https://www.bigtechnology.com/subscribe?coupon=0843016b Learn more about your ad choices. Visit megaphone.fm/adchoices

MRKT Matrix - Monday, June 1st S&P 500 rises to record to start June, dominated by tech as oil spike hits rest of market (CNBC) Wall Street bulls bet US stocks rally will defy bubble fears (FT) Anthropic Files to Go Public in Blockbuster Year for IPOs (WSJ) OpenAI's Altman says ‘people are right to be anxious' about AI (CNBC) Tokenmaxxing Maxes Out (WSJ) Intel targets new AI data centre chip by year end (FT) Venture Capital Turns to Hardware Bets as AI Threatens Software Companies (WSJ) --- Subscribe to our newsletter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://riskreversal.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

This week, we discuss the Cloudflare CEO's op-ed, upcoming tech IPOs and GitHub getting breached. Plus, ranking our favorite manifestos. Watch the YouTube Live Recording of Episode 573 Runner-up Titles We're not making money so we can't put in place the enshitification strategy. Go easy on the AI I hope they're not using PowerPoint in the Vatican I didn't' come here to talk about the Pope I should take more showers I came to measure and chew bubblegum Matt Ray Dalio is not a wave rider. Usability golf No dependencies, no problems Peak Software We are a safe haven for measures Tools and Rules Rundown Layoffs How do AI Layoffs Work? Some Speculation. How I Choose Which Cloudflare Employees to Replace With AI Revenue and IPO Anthropic is paying SpaceX $15 billion per year OpenAI Prepares to File to Go Public in Coming Weeks SpaceX TAM - $28.5 trillion. US GDP - $31 trillion. GitHub Got Hacked. The AI Security Arms Race is Here NHS Pulls OSS Wiz + Anthropic: Claude Enterprise Meets the Security Graph | Wiz Blog Relevant to your Interests Grafana breach caused by missed token rotation after TanStack attack Introducing UniFi 5G Backup SpaceX not the behemoth everyone thought Microsoft admits its "infuriating" floating AI button was a mistake Microsoft admits forcing the floating Copilot button on Office users was a mistake—but engagement went up anyway IBM and U.S. Department of Commerce Announce America's First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award Microsoft open-sources "the earliest DOS source code discovered to date" Blackstone and Google launch $5B TPU cloud venture with 500MW of AI capacity What It Takes to Preserve Floppy Disks U.S. companies have an AI problem. Indian IT wants to be the solution Audio-generation app Huxe, founded by former NotebookLM developers, shuts down Spotify adds AI-powered Q&A and briefing generation features to podcasts Sponsors Sentry - Quit Buggin': use code sdt26 for $100 in credit for new customers Nonsense GE's nugget ice maker is nearly half off if you buy it refurbished Watch: Drones crash into water after Sydney light show malfunction America the Tasty: The Best Breakfast in Every State Listener Feedback Jason built the DepartTime App iPhone App Conferences VMware User Group, Dallas, June 9-11, 2026 WeAreDevelopers Europe, July 8-10, 2026 Berlin, Coté speaking. DevOpsDays Graz, Sept 4-5, 2026 DevOpsDays Rockies, Sept. 22 – 23, 2026, Discount Code: 26DODSWEDEFTALK WeAreDevelopers NA, Sept 23-25, 2026, Discount Code: DEVPOD26 25 Free Tickets DevOpsDays Dallas, Sept 28-29, 2026 DevOpsDays Vilnius, Sep 30 - Oct 1, 2006 DevOpsDays Istanbul, Oct 24th, 2026 , Coté keynoting. VMware User Group, Orlando, Oct 20-22, 2026 SDT News & Community Join our Slack community Email the show: questions@softwaredefinedtalk.com Free stickers: Email your address to stickers@softwaredefinedtalk.com Follow us on social media: Twitter, Threads, Mastodon, LinkedIn, BlueSky Watch us on: Twitch, YouTube, Instagram, TikTok Book offer: Use code SDT for $20 off "Digital WTF" by Coté Sponsor the show Sponsor more podcasts with Failover Media Recommendations Brandon: Trek Austin Matt: VESA Coté: AI-Generated Summaries Table for Two Slim Daddy's Repair

This week we looked at the AI capital black hole—three companies with a combined $3 trillion in prospective market cap preparing to go public while public R&D budgets get gutted and the rest of the economy gets starved of investment. Then we checked in on consumer sentiment, which has basically fallen off a cliff, because when gas hits $5 a gallon and inflation keeps eating your paycheck, reality has a way of setting in. Chapters Intro: 00:00:38 Quick Takes: 00:01:33 Max Notes: 00:04:47 Killer Left Take of the Week: 00:18:17 Chart of the Week: 00:20:03 Headlines: 00:21:38 Outro: 00:22:57 Resources Remarkably Bright Creatures The Vanguard: Jillian Michaels ROASTED by Her OWN AUDIENCE After Sam Seder SMACKDOWN (Plus She Calls US Out???) CNBC International Live: Jeff Currie on potential U.S.-Iran peace deal: Sell the tweet, buy the molecule National Science Foundation: Trends in U.S. R&D Performance and Funding Goldman Sachs: Tracking Trillions: The Assumptions Shaping the Scale of the AI Build-Out CNBC: Tech AI spending may approach $700 billion this year, but the blow to cash raises red flags McKinsey: The cost of compute: A $7 trillion race to scale data centers IG: SpaceX, OpenAI, Anthropic: upcoming IPOs to watch in 2026 New York Times: OpenAI Prepares to File to Go Public in Coming Weeks Reuters: OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation Bankrate: The 10 Largest American IPOs Of All Time WIPO: Global Innovation Index 2025 - Global Innovation Tracker Nature: US science after a year of Trump: what has been lost and what remains Scroll Deep: Why are they people-shaped? ITIF: How Reducing Federal R&D Reduces GDP Growth University of Michigan: Final Results for May 2026 WSWS: The Ebola epidemic, imperialism and the political economy of social murder Truthout: The Justice Department Just Shut Disabled People Out of Essential Online Services for Another Year The Lever: The Pro-Israel Lobby’s Quiet Cash Shuffle UNFTR Resources Video: On The Record 5/26/26 (Will SpaceX and OpenAI Starve the Market?) Essay: The AI Black Hole. -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility.Support the show: https://www.unftr.com/membershipsSee omnystudio.com/listener for privacy information.

Every week we talk about the most fascinating stories in the news and what they say about the Pacific Northwest. We call it Front Page. It’s our chance to talk about the latest news with a rotation of plugged-in journalists and guests, taking a look at the headlines from the weekend and the stories that we'll be following as the week moves forward. Guest Todd Bishop, editor and co-founder of Geekwire Related stories Meta cuts nearly 1,400 jobs in Seattle area, 20% of local workforce, in sweeping AI revamp - Geekwire Pope Leo Warns of Risks From A.I. in 42,300-Word Encyclical - NYT SpaceX is churning out 70 Starlink satellites a week in Redmond, and other tidbits from its IPO filing - Geekwire A viral video says booking a flight at a library is cheaper. We investigated. - Washington Post Thank you to the supporters of KUOW, you help make this show possible! If you want to help out, go to kuow.org/donate/soundsidenotes Soundside is a production of KUOW in Seattle, a proud member of the NPR Network.See omnystudio.com/listener for privacy information.

May 22, 2026: Your daily rundown of health and wellness news, in under 5 minutes. Today's top stories: Strava overhauls strength training with workout logging, auto-generated muscle maps, and 14 partner integrations ahead of IPO after surpassing 500M uploads in 2025 Fresha raises $80M at $1B+ valuation processing $15B+ annual transaction volume across 130K businesses in hair, aesthetics, wellness, and fitness Oura confidentially files for IPO at $11B valuation targeting 5M paid members this quarter with $2B annual sales run rate Today's episode is brought to you by AIIR — a modern communications and experiential agency for health, wellness, fitness, and performance brands. From earned media to events and creator-led campaigns, AIIR helps companies sharpen their story, earn attention, and build trust that compounds. Visit https://aiir.agency to learn more. More from Fitt: Fitt Insider breaks down the convergence of fitness, wellness, and healthcare — and what it means for business, culture, and capital. Subscribe to our newsletter → insider.fitt.co/subscribe Work with our recruiting firm → https://talent.fitt.co/ Follow us on Instagram → https://www.instagram.com/fittinsider/ Follow us on LinkedIn → linkedin.com/company/fittinsider Reach out → insider@fitt.co

Artificial intelligence companies including OpenAI, Anthropic and SpaceX are preparing for potential stock market listings in 2026, as investor interest in the sector pushes combined company valuations towards the trillion-dollar mark. President Trump has also decided against signing a planned executive order on AI regulation today, a move being closely watched by technology companies and investors. And Universal Music Group and Spotify have signed a new agreement around AI-generated music — including covers and remixes that imitate artists' voices and styles — raising fresh questions about ownership, consent and how musicians should be compensated in the age of AI. (Picture: REUTERS/Kent Nishimura)

P.M. Edition for May 20. We're exclusively reporting that ChatGPT maker OpenAI has been working with bankers to prepare to file for an initial public offering in the coming days or weeks. Reporter Berber Jin joins to discuss the timing of the possible IPO and what that could mean for OpenAI's business. Plus, stocks of chipmakers like Intel, Micron and AMD have hit a volatile stretch after weeks of massive gains. We hear from WSJ reporter Jared Mitovich about why they're now looking to Nvidia's earnings for the path forward. The chip company reported its latest record quarter. And the Trump administration has charged former Cuban president Raúl Castro with murder as the U.S. continues its pressure campaign against the island nation's Communist government. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Neil Kayal of Grain Ventures shares insights on private market investments, focusing on late-stage companies, access for individual investors, and how to build wealth through private equity before IPOs.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

For years, Bryan Kohberger gave the world nothing. He sat silent through court hearings. He showed zero emotion while the families of Kaylee Goncalves, Madison Mogen, Xana Kernodle, and Ethan Chapin confronted him at sentencing. When the judge asked if he wanted to speak, he said three words — "I respectfully decline." Then, from a maximum security cell, he finally opened up. Not to a reporter. Not to a judge. To his dog.Kohberger's prison letters have now surfaced, and for the first time since his arrest, we can see what's going on behind that blank stare. He tells his dog Scout they communicated telepathically. He writes to his sister Amanda about "Hearts promise unto the green pastures ahead" and signs it "Bernnzz." He writes to his family about ascending and finding serenity through a "Singular Heart." After years of calculated silence, his own handwriting cracked the mask wide open.This episode is a psychological deep dive into those writings and what they tell us about the mind behind the King Road murders. We connect the patterns in these letters to the behavior his WSU classmates reported — the dominance, the inability to connect, the need to perform intellectual superiority in every room. The same engine that drove a PhD student to terrify the women around him is now driving a convicted killer to write pseudo-spiritual philosophy from a cell he'll never leave. And the most telling detail of all? Across every letter — not one victim's name. Not one acknowledgment. The silence didn't break. It just changed form.Join Our SubStack For AD-FREE ADVANCE EPISODES & EXTRAS!: https://hiddenkillers.substack.com/Want to comment and watch this podcast as a video? Check out our YouTube Channel. https://www.youtube.com/channel/UC8-vxmbhTxxG10sO1izODJg?sub_confirmation=1Instagram https://www.instagram.com/hiddenkillerspod/Facebook https://www.facebook.com/hiddenkillerspod/Tik-Tok https://www.tiktok.com/@hiddenkillerspodX Twitter https://x.com/TrueCrimePodThis publication contains commentary and opinion based on publicly available information. All individuals are presumed innocent until proven guilty in a court of law. Nothing published here should be taken as a statement of fact, health or legal advice.#BryanKohberger #KohbergerMind #IdahoMurders #KohbergerLetters #KingRoad #TrueCrime #HiddenKillers #KayleeGoncalves #MadisonMogen #KillerPsychology

In this episode, the Rational Reminder team unpacks the mechanics and implications of mega IPOs like SpaceX, OpenAI, and Anthropic potentially entering public indices. They explore how index funds handle IPO inclusion, why newly public stocks tend to underperform, and how structural features of indexing can lead to systematically buying high and selling low. The conversation dives into academic research on IPO returns, the role of free float in index construction, and how evolving market dynamics are forcing index providers to reconsider long-standing rules. They also examine alternative approaches from firms like Dimensional and Avantis, and whether investors are truly missing out by not accessing private markets. This episode blends market structure, empirical evidence, and investor behaviour into a nuanced look at one of the most talked-about investing topics today.   Key Points From This Episode: (0:00:04) Introduction to the Rational Reminder Podcast and hosts. (0:00:19) PWL Capital expands to Vancouver through partnership with Macdonald Shymko & Company. (0:03:45) Main topic: "Mega IPOs" and concerns about index fund exposure. (0:05:00) Why large private companies going public matters for index investors. (0:06:55) Index funds aim to represent markets—not optimize returns. (0:08:41) Massive scale of index funds and implications for IPO demand. (0:10:19) Why IPOs tend to have low expected returns. (0:12:39) How index inclusion rules differ (S&P 500 vs total market indices). (0:15:53) Research on "fast-track" IPO inclusion and front-running effects. (0:18:59) Why mega IPOs may amplify existing inefficiencies. (0:20:39) Important reminder: indexing trade-offs are small and structural—not fatal. (0:21:29) Potential solutions like pre-allocating IPO shares to index funds. (0:23:24) The role of free float in determining index weight. (0:25:00) NASDAQ rule changes and implications for low-float mega IPOs. (0:27:40) Conflict of interest concerns in index rule changes. (0:32:43) Why index providers may need to evolve with changing markets. (0:35:27) Historical changes to index methodology (e.g., float adjustment). (0:37:21) Why IPOs are historically poor investments ("new issues puzzle"). (0:40:28) Evidence from Dimensional on IPO underperformance. (0:41:14) IPOs behave like "junk" stocks (small, unprofitable, high growth). (0:43:04) Low-float IPOs and extreme underperformance data. (0:46:00) High valuations (price-to-sales) linked to worse IPO outcomes. (0:48:00) Index rebalancing as systematic "bad market timing." (0:50:03) Dimensional vs Avantis approaches to IPO inclusion. (0:52:56) Trade-offs and tracking error across different strategies. (0:54:16) Importance of investor discipline amid changing narratives. (0:56:00) Are investors missing out on private markets? (0:58:00) Risks and costs of accessing private shares (SPVs, fees, fraud). (1:00:15) Indirect exposure to private companies through public equities. (1:02:52) Final takeaway: index investing already captures most opportunities. (1:03:25) Wrap-up: IPOs are a known cost—not a reason to abandon indexing.   Links: Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on YouTube — https://www.youtube.com/channel/ Benjamin Felix — https://pwlcapital.com/our-team/ Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://pwlcapital.com/our-team/ Cameron on X — https://x.com/CameronPassmore Ben Wilson on LinkedIn — https://ca.linkedin.com/in/ben-wilson   Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)

Melissa, Kate, and Leah break down an absolute boatload of beefs: Trump vs. Pope Leo, Sonia Sotomayor vs. Coach Brett Kavanaugh, Clarence Thomas vs. progressives, and Ketanji Brown Jackson vs. the shadow docket, before covering some of the week's other legal news, including the Harvard Crimson's reporting on conservative judges' ideological litmus tests for clerkships. Then, they break down the Court's opinion in Chevron v. Plaquemines Parish, Louisiana, before previewing some upcoming oral arguments at One First Street, including the “crimmigration” case, Blanche v. Lau.Favorite things: Leah: RFK Jr. and the raccoon penis; Her talk with Steve Vladeck in DC on her upcoming paper, The Passive Vices, on Monday, April 20 at 12:45pm - RSVP here. Melissa: Lady Tremaine, Rachel Hochhauser; Lily Allen's West End Girl tour; Rumours, Fleetwood Mac  Kate: What I Want, MUNA; Playground, Richard Powers; Labor Dept. Investigates Texts Among Secretary's Family and Staff, Rebecca Davis O'Brien (NYT)  Get tickets for STRICT SCRUTINY LIVE – The Bad Decisions Tour 2026! 6/20/26 – New York City Learn more: http://crooked.com/eventsPreorder Melissa's book, The U.S. Constitution: A Comprehensive and Annotated Guide for the Modern ReaderPreorder a signed paperback of Leah's book, Lawless, here.Follow us on Instagram, Threads, and Bluesky

Today's Headlines: Trump gave a primetime Oval Office address to declare the Iran war is winding down and all military objectives have been met, while blaming NATO for the Strait of Hormuz still being closed. The same Strait he started a war over is now apparently not a "core objective." Two thousand five hundred Marines are still en route to the Middle East. He also became the first sitting president to personally attend his own Supreme Court oral arguments — on birthright citizenship — where even conservative justices appeared skeptical. Then he signed an executive order creating a federal citizenship list to restrict mail-in ballots and voting eligibility, despite the Constitution giving the federal government no authority over elections. Lawsuits incoming in 3, 2, 1.Republicans largely caved on the 47-day DHS shutdown — TSA, FEMA, the Coast Guard, and CISA will be funded, while ICE and CBP funding gets handled separately, because Democrats held the line on basic law enforcement accountability. Trump responded by telling the Telegraph he's strongly considering pulling the U.S. out of NATO, calling it a "paper tiger — and Putin knows that too, by the way." Cool thing to share publicly! A joint investigation by The Post and Courier corroborated accounts from an Epstein victim who told the FBI four times in 2019 that Trump sexually assaulted her when she was 13 years old in 1984. Dozens of pages from her FBI interviews were missing from the Epstein files dump until their absence was flagged by a journalist — some were released under public pressure, not all. Warren Buffett revealed he hasn't spoken to Bill Gates since the Epstein files dropped, saying he doesn't want to be called as a witness. Pete Hegseth reversed the suspension of the Army pilots who buzzed Kid Rock's house, tweeting "No punishment. No investigation. Carry on, patriots." SpaceX filed to go public in June at a valuation that would make Elon Musk the world's first trillionaire. Resources/Articles mentioned in this episode: NYT: Hegseth Reverses Helicopter Crew Suspension Over Kid Rock Flyby Politico: ‘I came, I saw, I conquered:' Trump set to claim victory in Iran at primetime address The Guardian: Top Senate Democrat says ‘House Republicans caved' as deal to fund DHS moves forward – as it happened | US Congress NYT: Supreme Court Rejects a Ban on ‘Conversion Therapy' for Minors NYT: Trump Signs Order Seeking Federal Control of Mail Voting as He Promotes False Claims TNR: Mike Johnson and House GOP Finally Cave to Democrats on Shutdown Reuters: Trump says U.S. strongly considering NATO exit, Telegraph newspaper says  The Post & Courier: She claimed to FBI that Epstein and Trump abused her. We checked it out. CNBC: Epstein files: Buffett says he hasn't talked to Bill Gates 'since the whole thing was unveiled' NYT: Elon Musk's SpaceX Files to Go Public, Setting Stage for Huge I.P.O. Subscribe to the Betches News Room and join the Morning Announcements group chat. Go to: betchesnews.substack.com Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Visa rolls out six AI tools aimed at improving dispute resolution. And NASA is set to launch four astronauts around the moon later today. Julie Chang hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.