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On episode 224 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Andrew Ross Sorkin to discuss: 1929 vs today, looking back at the SPAC mania, the art of the interview, Andrew's dream guest, and much more! This episode is sponsored by VanEck. Learn more about the VanEck Semiconductor ETF: https://vaneck.com/SMHCompound Grab a copy of Andrew's new book, 1929. Sign up for The Compound Newsletter and never miss out: thecompoundnews.com/subscribe Instagram: instagram.com/thecompoundnews Twitter: twitter.com/thecompoundnews LinkedIn: linkedin.com/company/the-compound-media/ TikTok: tiktok.com/@thecompoundnews Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Culinary Arts at SPAC Events features the talents of both local and visiting chefs along with a visiting guest cookbook author who share their expertise and insights alongside their food. Barbeque legend, James Beard Award Winning author, and host of PBS's “Project Fire” Steven Raichlen kicked off the Culinary Arts SPAC Fall season with a sizzling celebration of the griddle. His latest book is “Project Griddle: The Versatile Art of Grilling on a Flattop with Steven Raichlen.” [Encore airing.]
It has been one full year since we last reviewed the state of quantum computing and named Google our top pick in the sector. In this episode of Chip Stock Investor, we revisit that thesis to see how Google stacks up against pure play competitors like IonQ, Rigetti, D-Wave, and Quantum Computing Inc. While Google shares gained 60% over the last twelve months, we analyze if the dedicated quantum companies offered better returns or simply more volatility.We break down the latest updates on Google's Willow chip and the Quantum Echoes algorithm which mark a significant step toward real world utility. However, we also provide a reality check on the milestones required for commercial viability, specifically quantum error correction and the development of long lived logical qubits. Investors need to understand that despite hype, we remain in a research and development phase.The financial health of these companies is the primary focus of our analysis. We examine the revenue growth against the operating losses for IonQ, Rigetti, and D-Wave to determine how much runway they have left. We also discuss the cash positions of these firms, including IonQ's recent fundraising efforts that diluted shareholders but shored up their balance sheet. Additionally, we look ahead to upcoming SPAC mergers from Infleqtion and Xanadu in 2026.Finally, we review the semiconductor supply chain stocks that enable this technology. We discuss how equipment providers like Applied Materials and software leaders like Synopsys and Nvidia play a vital role in building and simulating quantum systems.Join us on Discord with Semiconductor Insider, sign up on our website: www.chipstockinvestor.com/membershipSupercharge your analysis with AI! Get 15% of your membership with our special link here: https://fiscal.ai/csi/Sign Up For Our Newsletter: https://mailchi.mp/b1228c12f284/sign-up-landing-page-short-formIf you found this video useful, please make sure to like and subscribe!Chapters:00:00 Google Quantum AI Performance Review 01:32 Pure Play Stock Charts: IonQ, Rigetti, D-Wave, and QCI 02:26 Reality Check: Milestones for Commercial Viability 03:52 Financial Analysis: Revenue Growth vs Operating Losses 05:13 Balance Sheets and Cash Runway Concerns 06:17 Upcoming IPOs: Infleqtion and Xanadu 07:18 The Quantum Supply Chain: Applied Materials and Synopsys 08:26 Our Top Quantum Stock Picks for 2026*********************************************************Affiliate links that are sprinkled in throughout this video. If something catches your eye and you decide to buy it, we might earn a little coffee money. Thanks for helping us (Kasey) fuel our caffeine addiction!Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal. #semiconductors #chips #investing #stocks #finance #financeeducation #silicon #artificialintelligence #ai #financeeducation #chipstocks #finance #stocks #investing #investor #financeeducation #stockmarket #chipstockinvestor #fablesschipdesign #chipmanufacturing #semiconductormanufacturing #semiconductorstocks Nick and Kasey own shares of Alphabet
In this episode, we examine how the SPAC market evolved in 2025 and what sponsors, issuers, and investors should be thinking about as the calendar turns to 2026. Joining the discussion are Ed Kovary, Head of Capital Markets at BTIG, and Jerry Serowik, Head of Capital Markets at Cohen & Company, two firms that were among the most active in the SPAC ecosystem in 2025. Drawing on firsthand experience, the conversation covers how deal structures, investor expectations, and sponsor strategies shifted over the course of the year and how capital markets conditions shaped issuance and deal execution. The episode concludes with a forward-looking discussion on what these trends imply for SPAC activity in 2026, including where opportunities may emerge and what risks remain for the asset class.
Justin Burke is a food writer, recipe developer, queer food activist, and award-winning pastry chef and baker. Burke's debut cookbook “Potluck Desserts: Joyful Recipes to Share with Pride” was released this past summer by Countryman Press.
In this episode, Brett Winton and Lorenzo sit down with Carlos Domingo, CEO and co-founder of Securitize, to explore how blockchain infrastructure is transforming capital markets. As a pioneer in the tokenization space, Carlos unpacks what it means to issue native securities—like stocks, bonds, and credit funds—on chain and why the modernization of legacy financial systems is long overdue. Carlos details Securitize's role as a registered transfer agent and broker-dealer, their regulatory journey with the Securities and Exchange Commission (SEC), and why native tokenization (not synthetic derivatives) is essential for future growth. They discuss the promise of 24/7 trading, peer-to-peer transfers, composability with decentralized finance (DeFi) protocols, and the global democratization of financial access—especially in markets underserved by traditional systems. The episode also dives into the tension between blockchain-native systems and financial incumbents, the logic behind Securitize's decision to go public via a special purpose acquisition company (SPAC), and the asset classes best suited for tokenization—from treasuries to public equities and beyond.Key Points From This Episode:(00:00:00) Why capital markets need a blockchain-based ledger upgrade(00:05:46) How tokenization improves global accessibility and financial user experience(00:07:35) Real-world examples: Tokenized treasury and credit funds(00:10:29) Understanding how ownership works: DTCC, transfer agents, and blockchain(00:17:08) Global appetite for tokenized stocks, following stablecoin adoption(00:18:24) Tokenizing private equity and venture capital for broader access(00:25:34) How Securitize tokenizes assets the right way—with issuer involvement(00:28:55) Regulatory clarity accelerates tokenization adoption(00:30:08) Open blockchain infrastructure unlocks composability and innovation(00:35:50) Where Securitize fits in the capital markets stack(00:37:13) Projecting tokenized assets: From $4.6B to $200B assets under management (AUM)(00:39:46) Why Securitize stays blockchain-agnostic despite protocol growth
In this episode of Tank Talks, Matt Cohen and John Ruffolo break down a pivotal week for Canada's innovation economy. Microsoft's $7.5 billion investment in Canadian AI and cloud infrastructure sets the stage for a deeper discussion about whether foreign hyperscalers can genuinely support Canadian data and AI sovereignty under U.S. laws like the Cloud Act.John challenges the assumption that scale equals sovereignty, arguing for a more intentional strategy built through government procurement, layered infrastructure, and selective partnerships. The episode also examines Canada's new Quantum Champions program and the funding directed toward companies Anyon Systems, Xanadu, Photonic, and Nord Quantique, questioning whether current capital levels are enough to prevent Canadian breakthroughs from moving south.Layoffs across the consulting industry surface broader shifts in knowledge work, as information becomes increasingly commoditized in the age of AI. Matt and John discuss how trust, execution, and implementation are replacing traditional advisory models as the real sources of value. The episode closes with a collision of crypto and legacy power, as stablecoin issuer Tether pursues a controlling stake in Juventus, raising new questions about regulation, asset backing, and trust.As foreign capital pours in and domestic funding lags, how much control does Canada actually retain?Microsoft's $7.5B Canadian AI Investment & the Sovereignty Question (01:04)Microsoft announces a massive investment to expand AI and cloud infrastructure in Canada. Matt and John unpack why foreign capital is welcome, but claims of “sovereign AI” raise serious concerns under the U.S. Cloud Act and data jurisdiction realities.Sovereign Compute Strategy: Procurement Over Promises (04:39)John outlines how Canada could realistically build sovereign compute capacity by breaking the stack into layers, using government procurement to back domestic players, and making intentional choices about allies, chips, and infrastructure.Canada's Quantum Champions Program: A Signal or a Solution? (07:49)The federal government commits funding to four Canadian quantum startups, including Xanadu. The discussion explores whether milestone-based funding is enough or if Canada risks losing its quantum leaders to U.S. capital markets again.Why Canadian Capital Isn't Backing Its Winners (09:04)Xanadu's SPAC decision becomes a case study in Canada's capital formation problem. John explains why strong companies still struggle to raise meaningful domestic capital and what that means for long-term value creation.Consulting Firms Face Layoffs as Demand Shifts (11:36)McKinsey and other professional services firms prepare for significant job cuts. Matt and John discuss overhiring during COVID, slowing demand, and how AI is compressing the value of information-based consulting.The End of the Traditional Consulting Pyramid (14:07)AI-driven efficiency challenges the apprenticeship model. The conversation explores why implementation and trust now matter more than slide decks and why junior-heavy consulting structures may no longer work.Forward-Deployed Engineers & New Service Models (16:17)From Palantir's FDE approach to new AI-enabled services firms, Matt highlights how execution-first models are eroding traditional consulting margins and reshaping enterprise problem-solving.Crypto Meets European Dynasties: Tether & Juventus (19:00)Tether's attempted acquisition of Juventus sparks debate around stablecoin backing, asset quality, and trust. John questions whether a treasury-backed stablecoin should ever be tied to assets like football clubs.Trust as the Core Currency of the AI Era (21:03)The episode closes with a clear takeaway: information is cheap, execution is hard, and trust is everything, from sovereign infrastructure to consulting, investing, and crypto.Connect with John Ruffolo on LinkedIn: https://ca.linkedin.com/in/joruffoloConnect with Matt Cohen on LinkedIn: https://ca.linkedin.com/in/matt-cohen1Visit the Ripple Ventures website: https://www.rippleventures.com/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com
Ryan Gentry, CEO of Bitcoin Infrastructure Acquisition Corp, discusses his $220M IPO, the "aerospace mafia" thesis, and why Bitcoin lending is the next big sector for public markets. Ryan Gentry, CEO of Bitcoin Infrastructure Acquisition Corp (BIXI), joins us to talk about taking a Bitcoin company public via SPAC. We dive into his journey from aerospace engineering to Lightning Labs, and why so many engineers flock to Bitcoin. Ryan breaks down the current state of Bitcoin infrastructure, the massive opportunity in Bitcoin lending, and how Lightning Network integrates with new side systems. We also discuss why the "burden of proof" has shifted to the no-coiners in traditional finance. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: * IPO oversubscribed, upsized to $220 million * BTC Lending very attractive * Square used by 28% of US merchants Timestamps: 00:00 Start 01:31 Ryan intro 07:12 Aerospace Bitcoin Mafia 09:29 What is Bitcoin Acquisition Infrastructure Corp? 13:06 Target company count? 14:10 SPAC vs Index investing 17:28 Areas of industry focus? 21:25 Bitcoin's evolution as asset 26:33 L2s & Lightning 29:13 Side Systems 33:41 AI agents & payments 36:04 Investor technical understanding -
Dynamix's Andrejka Bernatova says the energy space remains exciting due to the evolving presence of electricity consumption needed for A.I. She expects suppliers to do well as the tech trade grows. On the SPAC markets, Andrejka gives an "A" grace for the space an a "B" for the mix of companies that made their public debut. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
This episode is a special replay of David George's conversation with Harry Stebbings on 20VC. David is a General Partner on a16z's growth team, and in this discussion he breaks down how he thinks about breakout growth investing: why great business models are now table stakes, where real edge comes from non-consensus views on TAM, and how to underwrite upside in a world of higher prices and increasing competition.They also dig into the mechanics behind the scenes: unit economics at growth, “pull vs push” products, winner-take-most market structures, and how David decides when to double or triple down on a company. Along the way, they touch on SPACs, the rise of crossover funds, single-trigger decision making, and how David manages fear, pressure, and performance over the long arc of an investing career. Resources:Learn more about 20VC: https://www.thetwentyminutevc.com/Watch on YouTube: https://www.youtube.com/@20VCFollow Harry on X: https://x.com/HarryStebbingsFollow David on X: https://x.com/DavidGeorge83 Stay Updated:If you enjoyed this episode, be sure to like, subscribe, and share with your friends!Find a16z on X: https://x.com/a16zFind a16z on LinkedIn: https://www.linkedin.com/company/a16zListen to the a16z Podcast on Spotify: https://open.spotify.com/show/5bC65RDvs3oxnLyqqvkUYXListen to the a16z Podcast on Apple Podcasts: https://podcasts.apple.com/us/podcast/a16z-podcast/id842818711Follow our host: https://x.com/eriktorenbergPlease note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures](http://a16z.com/disclosures. Stay Updated:Find a16z on XFind a16z on LinkedInListen to the a16z Show on SpotifyListen to the a16z Show on Apple PodcastsFollow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Marty sits down with Ryan Gentry to discuss his new $220 million SPAC aimed at taking Bitcoin operating companies public, the five-year evolution of the Lightning Network from single-digit millions to $10 billion in annual volume, and why Bitcoin businesses are finally mature enough to compete in public markets. Ryan on Twitter: https://x.com/RyanTheGentry STACK SATS hat: https://tftcmerch.io/ Our newsletter: https://www.tftc.io/bitcoin-brief/ TFTC Elite (Ad-free & Discord): https://www.tftc.io/#/portal/signup/ Discord: https://discord.gg/VJ2dABShBz Opportunity Cost Extension: https://www.opportunitycost.app/ Shoutout to our sponsors: Bitkey https://bit.ly/TFTCBitkey20 Unchained https://unchained.com/tftc/ Obscura https://obscura.net/ SLNT https://slnt.com/tftc CrowdHealth https://www.joincrowdhealth.com/tftc Salt of the Earth: https://drinksote.com/tftc Join the TFTC Movement: Main YT Channel https://www.youtube.com/c/TFTC21/videos Clips YT Channel https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ Website https://tftc.io/ Newsletter tftc.io/bitcoin-brief/ Twitter https://twitter.com/tftc21 Instagram https://www.instagram.com/tftc.io/ Nostr https://primal.net/tftc Follow Marty Bent: Twitter https://twitter.com/martybent Nostr https://primal.net/martybent Newsletter https://tftc.io/martys-bent/ Podcast https://www.tftc.io/tag/podcasts/
Boeing reports orders and deliveries for the month of November. The numbers, this hour. Then crypto company ‘Twenty One Capital' makes its NYSE debut after completing a SPAC merger. Founder and CEO Jack Mallers joins the show to break down the outlook. Plus, an exclusive with the CEOs of Fifth Third and Brex after announcing a new commercial partnership. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
https://youtu.be/ivElg53993A Ian Leaman, Summit OS® Guide, former investment banker, senior finance executive, and investor, is driven by a mission to help entrepreneurs build, scale, and successfully exit their businesses by applying the hard-won lessons he's learned from more than 100 exit journeys. We learn about Ian's path from growing up around small family businesses in the UK, to training with Deloitte, advising entrepreneurs through hundreds of M&A processes, co-founding a SPAC, and ultimately relocating to the United States to embrace a more optimistic and opportunity-driven business culture. Ian explains his Can-Do Framework, a mindset blueprint inspired by the contrast between European “can't-do” thinking and America's bold, frontier-style optimism. He also breaks down how Summit OS® empowers owners to achieve “private equity–level growth without giving up private equity,” and why the 45-Day Execution Momentum plan creates faster change than a typical 100-day private equity program. Ian closes with a gripping case study illustrating how leadership blind spots and misaligned incentives can devastate exit outcomes. — How to Break Ceilings in America with Ian Leaman Good day, listeners. Steve Preda here, the Founder of the Summit OS® Group and host of the Management Blueprint Podcast. And my guest today here is Ian Leaman, who is a Summit OS® Guide, a former investment banker with over 100 exits under his belt. He’s also a senior finance executive and an investor. So Ian, welcome to the show. Hi, Steve. It’s great to see you, and thank you for having me on. Absolutely. And we go way back, and one of your international board positions I think I’m sharing with you, but I’m not going to go into that because it’s long in the past. What I like to explore is what you’re doing now, why you’re doing it, and some things about why you moved to the States. I mean, both of us moved to the States since we were on this particular board for different reasons. And I’d like to explore your framework, which is very intriguing. So let’s start with your ‘Why’. So what is your personal ‘Why’, and how are you manifesting it in your business life? What I’m doing right now, Steve actually squares the circle. It brings us back together as working colleagues. You mentioned that we worked previously on an international board. Today we’re working together as Summit OS Guides. How did I get here, and how does this relate to my ‘Why’? Well, my business journey started really in my youth, where my parents had small businesses. And so the conversations over the evening dinner table were all about the trials and tribulations, the successes, failures, challenges, et cetera, of running a small business. So that got into my blood very early. That translated through a career in finance, where I qualified originally as an accountant with Deloitte in the UK, and then progressed into the transaction side of finance, helping entrepreneurs grow and exit their businesses. As you said, having come through more than a hundred successful exits, but many more which didn’t cross that finish line. I really became interested in the differences between those who succeeded and those who didn't, what they were doing in their businesses, which made them attractive prospects from an M&A point of view and made their processes successful ones.Share on X And eventually, I came to reunite with you when you’d started your Summit OS® Initiative and understand that we can bring our respective experience, whether it’s as a CEO of a previously exited business or as an advisor to many which have done that, we can bring that experience to there. And how that translates into my personal ‘Why’ is I get huge satisfaction out of being involved in and assisting the process of entrepreneurs building and exiting their business. And I find huge satisfaction in a successful outcome there. So my personal ‘Why’ is to work with entrepreneurs who are building their businesses to help them do so better, faster, more successfully, and, if relevant — which isn’t in all cases — take them across that exit finish line to a conclusion of that particular part of their business journey. Yeah. I totally relate to this, and I often felt guilty even when we sold the company, and I felt like we could have gotten more for it if the company was improved, and there were some low-hanging fruits that we could have helped fix in a short order. And then we can do it now, and that’s very fulfilling. That’s right. I mean, there are many war stories, if you like, from that phase of my working life that illustrate very well the point you just made. For example, on the positive side, I can recall a conversation with an entrepreneur. I met him for the first time at his place of work. It was a distributor of electronic components, so they bought in bulk, stocked, broke into small pieces, and sold and distributed at a good margin, electronic components. They had a big warehouse. He and I had an initial discussion and he was quite an impressive guy. I remember in his very austere functional office, and he said, would you like to look around? I said, yeah, of course. I’d love to. So we walked together from the upper level where his office was down a stairway into the warehouse. And just as we got to the foot of the stairway, we encountered one of the warehousemen. His name was Jim, and he said, the owner said, Hey, good morning Jim. How’s it going today? And Jim said, 81%. Why did Jim say 81%? I asked myself, I left it at that moment, but they were both very satisfied with Jim’s answer. When we returned from the visit to the office, I said, so what’s 81%? He said, well, that’s Jim’s metric. Jim has to measure a certain number of things he’s doing and relate them to that day, and he was well within his range of target, and that’s how this guy ran his business. All that translated into a very successful exit at a multiple one or two points above the regular for a distributor in that sector. Because he was growing fast, he was doing it really well, and he built a business which was somewhat independent of him. That’s great. And just a quick reference to the LinkedIn post that you put up yesterday, where you mentioned that a lot of people who are trading time for money and working 55 or more hours is basically a leading indicator that they’re not going to build a self-managing business, they’re not going to scale, they’re going to burn out. So it’s great if someone has good KPIs to make sure that they know where they are and where they’re moving towards where they want to be. Okay, so let’s switch gears here. And you have a really intriguing story of how you made it to America and particularly to LA. So what was your calculus, and how did you end up there? I’d been working successfully as an M&A advisor — as you had, Steve — working with entrepreneurs on that journey. And a lot of that was about the growth of their companies, about building them somewhat before they actually made the exit, often through acquisition or financing. And one day I got a phone call from a friend who was a headhunter who joked with me when he got on the call: “Ian, don’t put the call down. I’m going to talk to you about a new role, which is not doing what you’re doing.” I guess his call landed at a particular moment when I was restless for a change, and he described a role as the third co-founder of a startup to be newly listed on the London Stock Exchange as blank check company, often known as a SPAC in the US. Long story short, I was a good fit for the team of two entrepreneurs who had built previous businesses, financed, acquired, IPO'd, and then sold. We got together and set out on a path of acquiring businesses in the US, even though the listing was in the UK, in the oil and gas services sector. That experience was amazing. It put me on the front line as a principal, doing many of the things I'd seen done secondhand and getting my hands into the weeds of operations much more than I had previously. And these were great learning experiencesShare on X but what became most valuable over time was the experience I got working in the US and finally appreciating the fundamental contrast in business ethos between a European starting point — can’t do — and a US starting point — can do. And that framework, that basic business framework of can-do US against can’t-do Europe, really set me on the path that I then pursued. When that job came to an end and my wife and I were deciding what next, we decided to vote with our feet, relocate to the US — now 12 years ago — with three teenagers and a dog in tow, and rebuild our careers over here. That’s awesome. And that’s very similar to what we did in many ways. So tell me about this Can-Do framework. So how do you break it down? How do you make it more tangible? What differentiates an American entrepreneur or American businessperson — or just a general person — and European or UK in terms of their outlook on business or life? Okay, so it’s all about positivity. And that manifests itself with just really at the start of any conversation about anything within business, whether it’s a small change to an existing business or perhaps something at the opposite end of the scale, a big new opportunity that hasn’t previously presented itself. It’s all about the positivity. Americans will enthusiastically embrace change, generally — in my experience — without the cynicism overtaking them. Americans have just as much valid experience of what can go wrong as you build and change businesses as Europeans, but instead they choose to parlay that experience and those learnings into positive aspects of change rather than cynical aspects of resistance to change. So, for example, in America, if as a businessperson you hit some failures and those failures result in a failed business or a personal bankruptcy, those things are not regarded as necessarily negatives, which can impede your progress in the future. Quite the opposite — they can be seen as great learning experiences, which leave their battle scars in a positive way. Yeah, that is indeed amazing. I mean, you can even become president in America after failing several businesses, right? The sky’s the limit. The sky’s the limit. That’s the point. Yeah. And there’s no one else’s negativity, which is going to constrain the optimistic American entrepreneur from striving to achieve their goals. All right. Okay, so there’s the positivity. I get it. So interpreting changes as looking at the positive aspect of it rather than the negative aspect. It’s more of a bold, fearless attitude rather than a conservative, resistant attitude. What else would you say characterizes this ethos? I’d say another facet of it would be the confidence to challenge the status quo. So much of European culture and business is based on history, and that history is a kind of anchor to the past, whereas America still has this frontier feeling — a sense that it’s a new country, a new world. And the status quo, such as it is, isn't an anchor to the past. It’s actually something to be critically praised and challenged with confidence if relevant. I think that very much resonates with me personally. I recall when I was choosing my firm to join and to become an accountancy trainee, leading through a qualification to becoming a chartered accountant, and at the quality end of the range were the Big Eight in those days. I interviewed with three of the Big Eight, and interestingly, it was number eight of eight, which was the newcomer on the block, the one that resonated most with me. They were confident, they were challenging, and ambitious, and somewhat fearless in the face of challenging the establishments in the UK.Share on XAnd those things really resonated with me. I joined Touche Ross. Touche Ross became Deloitte. Deloitte became the number one in the world. Yeah, that’s right. Touche Ross was the number seven or eight, I remember, when I applied, because I went through actual same training as you did. And when I applied it was the Big Eight, and by the time I got accepted it was the Big Six — they merged — and now it’s the Big Four. So anyhow, that’s less interesting for listeners, but you’re talking about describing this underdog mentality or underdog attitude. I resonated with that as well, because when we started the investment banking business in Hungary, actually our number one competitor was Deloitte in Hungary. They were the big 500-pound gorilla, and we were the underdog. I hired some of the people who had been passed over by Deloitte, and they had a stone in their shoe about it. And we made it a kind of quest that we were going to show these snooty, self-important people that we were actually better because we’re scrappier, more innovative, and so on. That was a big driver for us — this underdog attitude. So would you say that this is something that also resonates with Americans? I think very much so. I think that there isn’t that respect for the status quo, and the 500-pound gorilla on the block is not necessarily there to be feared, revered, or left alone. Quite the opposite. In American business, they're the incumbent to be challenged. Challenger businesses grow to huge success in America. And actually, that links really nicely with the topic we're here to discuss — Summit OS® — and how it provides a framework for entrepreneurs to build their businesses using many of the tools and techniques which the big successful businesses have adopted. And using that to their advantage, to creep up on them from behind and sometimes take market leadership. Yeah, that's a big objective, obviously, and we would be happy to talk about this, but then we would overrun our time for sure. But what is a specific concept that you enjoy about or which you are intrigued about with Summit OS® that resonates with you? One of the things that really resonated with me, Steve, having a background in investment banking as you have, is the notion that private equity doesn’t have a monopoly on expecting and delivering high growth from businesses. That principle, that objective, that achievement can be something which the entrepreneur, owner, manager can adopt just as validly. So one of the potentials of Summit OS® is private equity without private equity. You can set yourself the objective of, let's say, 3x value in three years.Share on X You can set yourself the objective of creating a self-managing business that has a valuation way in excess of its peers because of the way you run it, because of the rate of growth you achieve, because of the differentiators it has from its competitors. And in so doing, you create something of high value, high desire, and a high level of marketability if you’re in the market to exit. That’s a really powerful and resonant aspect of Summit OS® for me. Yeah, I’ve often seen business owners who sold a large minority or a small majority stake to private equity. And then someone came in with an MBA but with a lot less experience, and they would start telling the business owner what they knew that they had to work on to begin with. Maybe they were not disciplined enough or not focused enough, but a coach — a good coach, a guide like you and I — could have helped them to do that without giving away a big piece of their business. Now granted, putting capital to use can be a very effective way of achieving high levels of growth. And the scale of capital that’s available from private equity may not be available to an independent owner-managed business. But having said that, I was with an entrepreneur last week, one of a group of partners who’d sold his business initially to PE, that PE had been refinanced to an even larger one. And he described his experience with those PEs as being managed by spreadsheet. It sounds like a bit of a cliché, Steve, but it's real — that’s his actual experience. And another negative experience, from a negative point of view, that a lot of entrepreneurs have shared with me is this notion of inappropriate interference. The young MBAs just don’t get where appropriate boundaries are between them as investors and the leadership team in the businesses, and so the areas they interfere in are often not value-adding. I’ve experienced that myself, actually. I was engaged once by a private equity firm to be a consultant on a transition period. The business in question had been an orphaned subsidiary within a very large multinational corporation. When people talk about orphan subsidiaries, what they essentially mean is this businesses that don’t particularly fit within where the big corporation had moved to, and are kind of left adrift — but within. So they’d sold this business to a private equity, and the private equity engaged me to help with a transition. A transition of the business from this orphan state into an independent business. And the private equity really was clueless. The people there were absolutely clueless as to how best to manage the transition of the team, particularly the team and the way they interrelated to their ownership from how it used to be to how it was now. It’s a very good example of poor management, and I suspect it wasn’t one of one. It was one of a big pattern. Yeah. I mean, experience is really hard to replicate in the classroom. And some of these MBAs, they come out from great business schools, and they do excellent case studies, but they just don’t have the reps to develop the pattern recognition that some of these business owners who have been in the trenches for 20 or 30 years have, right? Yeah, you can’t put a high enough value on less experience. Yeah. And if you then harness that experience into a framework which enables people with that experience to share it really effectively with clients, that's a really powerful combination.Share on X Yeah, I love it. Yeah. By the way, we all know that private equity groups, they often have their 100-day plan. They come into a company and then they want to make a string of changes, like a new prime minister or president would do as well. So is there an equivalent process in Summit OS® to do that? Can you speak to that? There is, actually. And there’s a big premium today on speed of change. And the private equity guys think that a hundred days is rapid. Well, it’s not. Summit OS® has got a 45-day Execution Momentum plan, which takes the business through some very actionable processes, which result in very rapid and noticeable change. So that the 45-day Execution Momentum takes the business leaders through 2 one full-day meetings in which very heavy agenda is filled with things that really interesting and opposite ends of the scale. What do I mean by that? At the very macro, high end, there will be an examination — possibly for the very first time — of why the business exists, what it’s on the earth for, how is, how’s it going to create a dent in the universe over a 30-year period? What really big changes can an ambitious management team make in the business? And this at the opposite end of the scale, a whole bunch of very day-to-day actionable skills like how to run a really good business meeting that’s super effective and results in measurable change. And then things in between those two, which join the very high macro level to the very daily micro level. Putting these things into action over the 30-day separation period between these two days, and then a 15-day follow-on, gives you your 45 days. And that results in these really measurable, perceivable changes, which catapult the start of a company’s journey with Summit OS® — very quickly, double the speed of PE. Yeah, that’s definitely. I do believe that there’s no reason why every company should not adopt all the good management practices that already exist and widely known. And the faster we get them to adapt it, the faster they’re going to get a big push, a big momentum, and then it’s going to open them up for other changes. And suddenly this whole change management is not going to be that difficult because people will say that it actually works. So why not do more of it? Before we wrap this conversation up, can you share from your experience as an investment banker or senior CFO a story that really you feel relates to the work that we’re doing here? I can, and I’m going to illustrate this with a something negative, not something positive to learn from the negative, as I suggested. It was really valid for me to do learning from all the reasons businesses failed to get across the exit line and what we can do to help build businesses better. So, I was engaged to sell a business — owner-managed, a very successful call center business based in the UK, but with an American client base. And the vertical in which the call center business work was technology sales. So they were being engaged by large American technology houses to generate leads for selling their products into European customers. The entrepreneur who started it was an experienced businessman, but from the moment I met him, what I recognized was a brutish personality. A very tough taskmaster, very unforgiving, and actually very cold and lacking in emotion. He built this business to quite some success with a very high growth rate, and soon I got to meet his management team. These were young, thrusting, ambitious people who had been early enough in their careers for him to mold them into a likeness of his own. So what he’d created was a team of very similar-behaving, similar-acting people who were aggressive, over-assertive, cold, non-emotional in the business context and actually quite a scary team. Well, that could have been okay were it not for the fact that early on in the process, I had a word with him and I said, “Look, Chris, you're going to need to motivate these guys in the exit. They're well paid, but you need to give them a little bit of a taste of the proceeds you're going to receive as the founder and 100% owner of this business. Otherwise, you might see some trouble brewing.” Nope — he wasn't having any of it. This was his business. He was going to do this his way. Guess what happens, Steve? At the 59th minute of the 11th hour, as we came towards closing the transaction with a great buyer, the animals turned on their master. And they turned with a viciousness that was similar to his own character, and they basically held him to ransom. It cost him 30% of the business. He had to give 30% of the equity in order for them to come along and be supportive in the discussions they were at this stage, having with the buyer around satisfaction with the working there, continuing to work post-transaction and all those things that were super important for the buyer. So there’s an example, a real case study. We did actually get the business closed. It cost him millions more than it could have done had he done this deal with them early on when they didn’t have the whip hand. And here’s a great example of how adapting the way you work, respecting the senior people, and nurturing them into positions of ownership of their parts of the business, not just in terms of being mini CEOs, but actually sharing some of the equity of the business could have made a huge difference, both to the risk in the process and to the dollar outcome for him. Yeah. I think this is a common failing that the entrepreneur, they take under their wings, these young people, and they feel like that they owe everything to them for raising them. But they forget that those people stuck around because they actually had internal drive and they had ambition. It wasn’t the entrepreneur who create these people. These people were there to begin with. They just took advantage of the opportunity to have bigger responsibility, and as they rose in capability, if the entrepreneur or business owner didn't recognize that and reward it, they’re going to go somewhere else and they’re going to get rewarded another way, or they’re going to turn on their master. Yeah. So this is a very tricky thing and you need a degree of self-awareness to realize that it’s not all you and you have to reward them. Even if you help them get there, you still have to pay them more because they did get there. That’s right. It’s all part of respecting the people you work with and rewarding them appropriately. Yeah that’s a great way to finish this up. Okay. So, Ian, if the listeners would like to learn more about you, maybe connect with you, learn what you could do for them, where would you advise them to go? Well, it’s very simple. They can contact me at https://ianleaman.com. There you’ll find some very comprehensive and interesting material all about coaching and about Summit OS® in particular, and how we work with businesses to help elevate them. Awesome. So do check Ian out at https://ianleaman.com, not hard to remember. He is also has a great LinkedIn profile. And if you enjoyed this conversation, stay tuned, because every week I bring an exciting entrepreneur or business operator, or thought leader in some cases, who come and share their frameworks with us. And if you’d like to learn more about what Summit OS® can do for you, then visit SummitOS.co, and check out all the downloadable tools, videos, process maps, and everything, and client stories to learn more. So Ian, thank you very much for coming and sharing your war stories and experiences, and thank you for listening. Important Links: Ian's LinkedIn Ian's website
Ian Leaman, Summit OS® Guide, former investment banker, senior finance executive, and investor, is driven by a mission to help entrepreneurs build, scale, and successfully exit their businesses by applying the hard-won lessons he's learned from more than 100 exit journeys. We learn about Ian's path from growing up around small family businesses in the UK, to training with Deloitte, advising entrepreneurs through hundreds of M&A processes, co-founding a SPAC, and ultimately relocating to the United States to embrace a more optimistic and opportunity-driven business culture. Ian explains his Can-Do Framework, a mindset blueprint inspired by the contrast between European “can't-do” thinking and America's bold, frontier-style optimism. He also breaks down how Summit OS® empowers owners to achieve “private equity–level growth without giving up private equity,” and why the 45-Day Execution Momentum plan creates faster change than a typical 100-day private equity program. Ian closes with a gripping case study illustrating how leadership blind spots and misaligned incentives can devastate exit outcomes. — Important Links: Ian's LinkedIn Ian's website
Good morning from Pharma Daily: the podcast that brings you the most important developments in the pharmaceutical and biotech world. Today, we dive into a series of pivotal events shaping the landscape of drug development and patient care. The interplay between scientific advancements, regulatory shifts, and strategic partnerships is setting the stage for significant transformations within the industry.A highlight of recent developments is the legal challenge faced by Merck & Co. regarding its new subcutaneous version of Keytruda. This immunotherapy, already a breakthrough in cancer treatment, has encountered a hurdle in Germany where Halozyme, known for its drug-delivery technologies, has secured a preliminary injunction. This move by a German court halts Merck's activities related to Keytruda SC in Germany and underscores the intricate web of intellectual property rights in drug launches across international markets. The outcome of this case could establish crucial precedents for future commercialization efforts involving advanced drug delivery technologies.Meanwhile, there's promising news from Bristol Myers Squibb as their CAR-T therapy, Breyanzi, receives its fifth FDA approval, this time for marginal zone lymphoma. This approval is particularly noteworthy as it marks Breyanzi as the first CAR-T treatment sanctioned for this specific indication and extends its use across five different types of blood cancers. CAR-T therapies continue to represent a frontier in cancer treatment by leveraging the body's immune system to combat malignancies more effectively. This success story from Bristol Myers Squibb highlights the expanding potential of CAR-T therapies in tackling various hematological cancers, offering renewed hope for patients with limited treatment avenues.On the regulatory front, the FDA's proposal to consider single-trial approvals for certain drugs has sparked considerable debate. While some industry voices express concerns about potential compromises to safety and efficacy standards, others see it as an opportunity to invigorate research and development investments by reducing both time and costs associated with bringing new therapies to market. This shift could indeed accelerate innovation but will necessitate a careful balance to uphold rigorous safety standards.In parallel regulatory news, Daiichi Sankyo has received an "untitled letter" from the FDA over its patient ambassador video for Turalio, indicating ongoing challenges in navigating drug promotion guidelines and patient engagement strategies. Such interactions emphasize the complexities pharmaceutical companies face within regulatory frameworks.Shifting focus to corporate strategies, Mark Cuban's Cost Plus Drugs is exploring a partnership with Humana aimed at addressing prescription drug costs for employers. This collaboration seeks to reduce healthcare expenses through innovative pricing models and distribution channels, reflecting a broader industry trend toward cost containment and value-based care delivery.In another development affecting public health policy, the CDC's Advisory Committee on Immunization Practices has postponed its vote on changes to newborn hepatitis B vaccine policies due to ongoing debates and confusion surrounding the topic. This delay highlights the intricate nature of updating long-standing public health policies, especially those impacting vaccination schedules.From an investment perspective, Freenome's decision to go public through a $330 million SPAC deal stands out. Specializing in developing blood tests for early cancer detection using machine learning technologies, Freenome's move aims to secure capital necessary for advancing its diagnostic tools—potentially transforming cancer screening practices by enabling earlier detection and intervention.In clinical trial news, Praxis Precision Medicines reported positive efficacy results from a Phase 2 trialSupport the show
Peter Wright, CEO of McKinley Acquisition Corporation (MKLY), details the current state of the SPAC market, highlighting its "next generation phase" with increased investor appetite and improved deal structures. He emphasizes the "better, faster, and cheaper" advantages of SPACs over traditional IPOs, citing deal certainty, valuation certainty, and capital certainty. Wright also outlines McKinley Acquisition Corporation's non-negotiables when screening companies, focusing on those ready, worthy, and eager to embrace public market transparency and growth.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
With Matt George, CEO of Merlin Labs Many firms chasing autonomous ground-vehicles have relied on SPACs to reach the public markets, and now Merlin Labs wants to bring autonomy to the skies. The Boston-based startup is developing an AI-powered “pilot,” the Merlin Pilot, designed to manage full “takeoff-to-touchdown” flights across a wide range of aircraft, from light planes to heavy transports. This week, we talk with Merlin Labs CEO Matt George about why the company sat out the first wave of SPAC-driven aerospace mania, and why partnering with Inflection Point Acquisition Corp. IV (Nasdaq: BACQ) feels like the right moment to go public. Matt explains that, in aviation, the use cases for autonomy can be more immediate and valuable than on the ground, from reducing crew needs on cargo and transport flights to enabling fully uncrewed operations in military and civil aviation. We also explore the broader macro conditions driving demand higher, and where the market for autonomous flight stands today. How fast could it grow, and how high could it fly?
Ozoz Sokoh is a culinary anthropologist, food historian, and author of the new cook book “Chop Chop: Cooking the Foods of Nigeria” (Artisan, 2025). In the tradition of Julia Child's “Mastering the Art of French Cooking” and Madhur Jaffrey's “An Invitation to Indian Cooking,” “Chop Chop” offers both a cultural history and a hands-on introduction to the flavors of Nigeria.We spoke with Ozoz in a CulinaryArts@SPAC and WAMC on the Road event in Saratoga Springs, New York on November 15. At the event, we were all treated to authentic Nigerian dishes including a goat pepper soup, chin chin, puff puff, jollof rice, and more prepared by Keobi Restaurant of Albany, New York.
This week on New Wave Weekly:
Andrejka Bernatova joins Diane King Hall at the NYSE to discuss the state of companies going public. She explains the reasons why some choose to go via SPACs and others choose IPOs. She also shares her company Dynamix Corp.'s (ETHM) role in taking The Ether Machine public. Andrejka discusses the importance of a healthy balance sheet when choosing the SPAC route. She addresses the importance of underlying fundamentals helping to buoy the go-to-public space. Specifically on the increase in cryptocurrency companies going public, she thinks the digital asset space will be influential in everyday life.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
Saratoga Performing Arts Center's popular “Sounds of the Season” holiday series returns next month from December 12–14, featuring the acclaimed Irish ensemble Danú, rising jazz sensation Stella Cole, and, Chamber Music Society of Lincoln Center performing Bach's Complete Brandenburg Concertos.
Roozbeh Charli, CEO of Einride, discusses the EV company's path to going public. They operate in seven countries and have “more than 25 blue chip companies” as clients. He also emphasizes $800M in potential ARR on their growth path. He explains that Einride is taking the SPAC route rather than a usual IPO because it was “quick and efficient.”======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Have an idea or tip? Send us a text!The Dead Pixels Society sits down with SPAC's leadership, Coree Cooper and Calvin Harrell Jr., to unpack how a volunteer-driven nonprofit became the world's largest gathering for school, sports, and volume studios—and why its focus on workflows, profitability, and community sets it apart.Harrell describes how SPAC evolved from film-era hotel meetups into a global hub with attendees from Europe, South Africa, and beyond. We get specific about what matters to operators right now: RFPs, data and capture workflows, ecommerce platforms, on-demand print, AI-enhanced processes, and the sales moves that win and retain school and league accounts. The SPAC agenda is designed for impact—Schools 101, Sports 101, and Volume 202 for scaling teams; a dedicated trade show with 100+ volume-first vendors; and a Workflow Walkthrough that lets you compare cameras, lighting, backgrounds, extraction, and software in side-by-side pods before you buy.Cooper also dives into SPAC's culture of access: scholarships for first-timers, 15-minute coaching sessions that often turn into year-long mentorships, and the live-voted King/Queen of the Hill session where peers pitch ideas that save or make real money. Expect smart ways to raise average order value with banners, ornaments, and yearbooks, plus a look at a new digital yearbook solution set to debut. Beyond sessions, curated excursions—Valley of Fire portfolio shoots, Atomic Golf, and the neon museum—build real connections. New this year, the SPAC Zone on the trade show floor creates a quieter space for meetings, quick coaching, and networking.MediaclipMediaclip strives to continuously enhance the user experience while dramatically increasing revenue.Buzzsprout - Let's get your podcast launched!Start for FREEIndependent Photo ImagersIPI is a member + trade association and a cooperative buying group in the photo + print industry.Photo Imaging CONNECTThe Photo Imaging CONNECT conference, March 1-2, 2026, at the RIO Hotel and Resort in Las Vegas, NDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showSign up for the Dead Pixels Society newsletter at http://bit.ly/DeadPixelsSignUp.Contact us at gary@thedeadpixelssociety.comVisit our LinkedIn group, Photo/Digital Imaging Network, and Facebook group, The Dead Pixels Society. Leave a review on Apple and Podchaser. Are you interested in being a guest? Click here for details.Hosted and produced by Gary PageauEdited by Olivia PageauAnnouncer: Erin Manning
Affordability has become a major theme of 2025 and of all the areas where technology has sped up processes and brought down costs, housing has been a stubborn exception. One company that is trying to bring a new technology-based approach to this is BOXABL, and it has partnered with a SPAC to accelerate that vision. This week, we speak with Galiano Taramani, founder and co-CEO of BOXABL and Larry Swets Jr., CEO of FG Merger Corp. II (NASDAQ:FGMC). The two announced a $3.5 billion combination in August. Galiano explains how BOXABL has found an edge in how it ships its modular homes and how it hopes to eventually manufacture them at a rate of one house per minute. Larry explains how BOXABL's unique crowdfunding path gives FG Merger II confidence in the company's journey after listing and how adding financial services angles to its platform could potentially take it to the next level.
Asheesh Birla, CEO of Evernorth, interview. We discuss all the details of Evernorth's $1 billion XRP digital asset treasury.Topics: - Evernorth's mission as a XRP Treasury - Plans to go public on Nasdaq - How will XRP be purchased and will capital raise go beyond $1 billion - Preparing for a bear market - DATs vs ETFs Brought to you by
In this episode of Tank Talks, host Matt Cohen is joined by John Ruffolo for an in-depth discussion on the latest business innovation news, cutting-edge tech developments, and disruptive market shifts that are shaping the global innovation economy. From game-changing legal tech acquisitions to the next big wave in quantum computing, the two break down the trends transforming Canadian fintech and the rise of stablecoin regulation. They also dive deep into AI advancements, big tech strategies, and the future of payments, offering fresh insights and actionable takeaways.Clio's Billion-Dollar Acquisition & Vertical Expansion in Legal Tech (01:38)In a major legal tech acquisition, Clio secures a $5 billion valuation following its acquisition of vLex, expanding its role as a dominant player in the legal technology sector. Matt and John discuss how this deal positions Clio alongside industry giants like Thomson Reuters and LexisNexis and explore the risks and rewards of a vertical integration strategy.Toronto's Quantum Tech Breakthrough: SPAC Merger with Crane Harbor (05:11)Toronto-based Xanadu Quantum Technologies makes headlines with its SPAC merger with Crane Harbor Acquisition Corp., paving the way for the first-ever Canadian quantum tech debut on the TSX and NASDAQ. John shares exclusive insights into the company's growth trajectory and how the merger will impact the quantum computing industry.Elon Musk's Trillion-Dollar CEO Package: Will He Become the First Trillionaire? (09:05)Matt and John dive into the details of Elon Musk's massive CEO package, designed to potentially turn him into the first trillionaire. They analyze the massive financial goals Musk must achieve and the broader economic impact this deal could have on industries like electric vehicles, space tech, and AI innovation.Google and Apple's AI Partnership: What Does It Mean for Siri? (12:21)A landmark deal between Google and Apple will see Google's Gemini AI powering Siri's next-generation intelligence. Matt and John discuss the implications of this collaboration for artificial intelligence, cloud computing, and the future of voice assistants in the consumer tech market.Robinhood's New AI Fund: The Risks of Retail Investor FOMO (15:14)In a bold move, Robinhood announces plans to give retail investors access to private AI companies. While this could open up private equity investments to the masses, Matt and John debate the risks of retail investor FOMO and the potential impact of AI investment bubbles on individual portfolios.Visa & Mastercard Lowering Interchange Fees: The Impact on Credit Card Rewards (16:39)In a significant shift, Visa and Mastercard are negotiating a deal to lower interchange fees, a change that could fundamentally alter the credit card rewards system. John explains the long-term effects on merchant relationships, consumer rewards, and the potential disruption of traditional payment systems as blockchain technologies emerge.Connect with John Ruffolo on LinkedIn: https://ca.linkedin.com/in/joruffoloConnect with Matt Cohen on LinkedIn: https://ca.linkedin.com/in/matt-cohen1Visit the Ripple Ventures website: https://www.rippleventures.com/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com
Today's blockchain and cryptocurrency news Trump Media posts third straight loss as SPAC legal fees mount, JPMorgan's IBIT exposure jumps 64% Bybit and Backed partner to bring tokenized Nvidia and Strategy stocks to Mantle ###Gemini Card Disclosure: The Gemini Credit Card is issued by WebBank. In order to qualify for the $200 crypto intro onus, you must spend $3,000 in your first 90 days. Terms Apply. Some exclusions apply to instant rewards in which rewards are deposited when the transaction posts. This content is not investment advice and trading crypto involves risk. For more details on rates, fees, and other cost information, see Rates & Fees. The Gemini Credit Card may not be used to make gambling-related purchases. ### For 40% off your order, head to Udacity.com/DCR and use code DCR. Learn more about your ad choices. Visit megaphone.fm/adchoices
Send us a textHi everybody and welcome to today's episode of Attendance Bias. I am your host, Brian Weinstein. I have a feeling that, pretty soon, I'm going to have to rename this podcast “Recency Bias,” since I've received a ton of requests from people who want to come on the show and talk about shows from Phish's 2025 summer tour. Not that it hasn't happened before, but there was something about this tour that awakened the fanbase. People who saw Phish for the first time, or the 200th time are eager to talk about 2025. Luckily, for today's episode, my friends Casey and Jenn have a great story to tell, as we explore their summer through bookends of the 2025 tour. We review the third night of the opening run in Manchester, June 22, 2024 then fast forward to the tour closing show: night three at Saratoga, 7/27/25.If you are a regular listener, you may remember Casey and Jenn from their preview of the SNHU Arena in Manchester during the summer venue preview series. They both live in Manchester, and decided to get married before night 1 of that run. That obviously made the night special in its own way, but it wasn't until the third night of Manchester where Phish dropped a Tweezerfest in the 2nd set where everything clicked musically.Then there's the third night of SPAC where Phish played one of the most memorable shows in years. The first set caught everyone off guard as the band blended great, cohesive jamming with unprecedented setlist games, playing Tweezer Reprise to end nearly every song. Although the venue was still standing as we left, our minds were shattered in the best ways possible.It's not often that the first and last stands of a summer tour have the same energy and memorable personalities, but 2025 is the gift that keeps on giving. Join Casey and Jenn to hear about baked beans, Lee's Campground, bingo boards, and more as we discuss Summer 2025 bookends from Manchester and Saratoga. Support the show
Marty sits down with Andrew and Jonathan to discuss their newly launched NASDAQ-listed SPAC, BTC Development Co., which aims to merge with successful private companies and add significant Bitcoin to their balance sheets as digital capital for long-term growth. Ten31: https://www.ten31.xyz STACK SATS hat: https://tftcmerch.io/ Our newsletter: https://www.tftc.io/bitcoin-brief/ TFTC Elite (Ad-free & Discord): https://www.tftc.io/#/portal/signup/ Discord: https://discord.gg/VJ2dABShBz Opportunity Cost Extension: https://www.opportunitycost.app/ Shoutout to our sponsors: Bitkey https://bit.ly/TFTCBitkey20 Unchained https://unchained.com/tftc/ Obscura https://obscura.net/ SLNT https://slnt.com/tftc CrowdHealth https://www.joincrowdhealth.com/tftc Join the TFTC Movement: Main YT Channel https://www.youtube.com/c/TFTC21/videos Clips YT Channel https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ Website https://tftc.io/ Newsletter tftc.io/bitcoin-brief/ Twitter https://twitter.com/tftc21 Instagram https://www.instagram.com/tftc.io/ Nostr https://primal.net/tftc Follow Marty Bent: Twitter https://twitter.com/martybent Nostr https://primal.net/martybent Newsletter https://tftc.io/martys-bent/ Podcast https://www.tftc.io/tag/podcasts/
Culinary Arts at SPAC Events features the talents of both local and visiting chefs along with a visiting guest cookbook author who share their expertise and insights alongside their food. Barbeque legend, James Beard Award Winning author, and host of PBS's “Project Fire” Steven Raichlen kicked off the Culinary Arts SPAC Fall season with a sizzling celebration of the griddle. His latest book is “Project Griddle: The Versatile Art of Grilling on a Flattop with Steven Raichlen.”
Today's Headlines: Senator Jeff Merkley just pulled a 22-hour Senate marathon to warn that Trump is “shredding the Constitution” and that the U.S. faces its biggest threat since the Civil War. Over in the GOP, Indiana's Sen. Todd Young wants answers on the administration's Venezuela boat strikes, which have killed 32 people so far—though Trump has already posted the explosions on Truth Social, so technically, Congress has been briefed. Meanwhile, Speaker Mike Johnson still refuses to swear in Arizona's congresswoman-elect Adelita Grijalva, blocking her from becoming the 218th vote to force release of the Epstein files. Arizona's AG is now suing him for disenfranchising 813,000 voters. Trump also announced major sanctions on Russia's oil giants, even as one of Putin's envoys pitched Elon Musk on building a “Putin-Trump Tunnel” linking Alaska and Russia. Trump called the idea “interesting,” which means he's 80% of the way to commissioning a gold plaque for it. On the America First economy beat, the U.S. and big banks are reportedly preparing a second $20 billion bailout for Argentina, this time framed as a “loan” while we import their beef instead of our own. In domestic chaos, Trump is demolishing the White House East Wing, and the Education Department is being gutted, with special ed services being shuffled to other agencies in what's basically a slow-motion abolition of the department itself. And for a cherry on top, Don Jr., Laura Ingraham, and Chamath Palihapitiya are teaming up to launch a $260 million SPAC, though no one knows what it's actually for—probably vibes and nepotism. Resources/Articles mentioned in this episode: CNN: Democratic Sen. Jeff Merkley delivers marathon floor speech to protest Trump's ‘grave threats' Axios: Exclusive: Congress needs to hear more about Venezuela operation, GOP senator says NBC News: Arizona AG sues to force House Speaker Johnson to seat Democrat Adelita Grijalva WSJ: U.S. Imposes Substantial New Sanctions on Russian Oil Giants WaPo: Putin envoy pitches Elon Musk on a tunnel connecting Russia and Alaska WSJ: U.S. Banks Are Hunting for Collateral to Back $20 Billion Argentina Bailout NYT: U.S. Banks Are Hunting for Collateral to Back $20 Billion Argentina Bailout WaPo: Trump administration seeks to move special education program to new agency Bloomberg: Trump Jr. Firm Taps Palihapitiya, Influencers for SPAC Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices
Massive Money Hits Crypto: XRP's Big Move + $550 B Japan-US Investment In this episode we cover: • The formation of Evernorth, backed by Ripple & major Japanese investor SBI, building a $1+ billion XRP treasury and going public via SPAC. • What this means for the XRP ecosystem: institutional access, DeFi integrations, open-market buys, valuation implications. • The US–Japan investment deal: $550 billion pledged to U.S. industries (semiconductors, energy, shipbuilding) under a strategic framework—how it works, what's real, and what's still in negotiation. • How those two threads tie together: the evolution of crypto from fringe asset to institutional infrastructure, and the geopolitical shift in capital & tech flows. • Key takeaways for investors, crypto watchers and anyone tracking how money + power intersects in the 2020s. Don't miss this full breakdown of how crypto and geopolitics are becoming one. *** SUPPORT ON THE CHAIN GRAB A BADASS YETIS COFFEE – Fuel your crypto grind! ☕ Visit: otc.one/BadassYetisBrew MINT YOUR BADASS YETIS NFT – Own a piece of the legend! Visit: otc.one/mint OTC MERCH IS HERE! – Represent the community in style! Visit: onthechain.shop BUY US A COFFEE – Help keep the content flowing! Visit: otc.one/buy-us-a-coffee JOIN THE CHANNEL – Get exclusive perks & behind-the-scenes content! Visit: otc.one/join ********** ON THE CHAIN – CONNECT WITH US! Listen to the OTC Podcast – Never miss an update! Visit: otc.one/podcast Visit Our Website – The home of crypto insights! Visit: onthechain.io Follow OTC on Twitter – Stay updated in real time! Visit: otc.one/otc Join the OTC Community on Twitter – Be part of the discussion! Visit: twitter.com/i/communities/1599435678995062788 ********** FOLLOW THE OTC TEAM Follow Jeff on Twitter:
Presidio CEO Will Ulrich and EQV Ventures CEO Jerry Silvey Discuss Their $664 Million Combination How do you build a fast-growing oil and gas company without drilling single hole and without planning to at any point in the future? That may sound like a riddle, but it's actually a business model that public investors will soon be able to invest in. This week, we speak with Will Ulrich, CEO of energy firm Presidio and Jerry Silvey, CEO of EQV Ventures Acquisition Corp. (NYSE:EQV). The two announced a $664 million combination in August. Will explains how Presidio has built a platform to acquire and optimize mature oil and gas assets and why he is confident that the company's playbook will allow it to remain aggressive while still paying out a sizeable dividend as soon as it lists. Jerry tells us how his team's first SPAC has managed to secure institutional buy-in for its vision at each stage and why he believes the time to accelerate Presidio's strategy is now.
AWS-Ausfall legt 15 Stunden lang Signal, Robinhood und UK-Regierungsseiten lahm. Oatly verliert in USA massiv durch "Climate Doom"-Stimmung. Unitree zeigt humanoiden H2-Roboter für unter $20k. X verkauft inaktive Handles für bis zu $1 Million an Premium-Abonnenten. San Francisco-Mieten explodieren durch AI-Boom, Cluely mietet vorab Apartments für Entwickler. Anthropic erreicht $7 Mrd Runrate, plant $26 Mrd für 2026. WhatsApp verbannt alle Konkurrenz-Chatbots von Plattform. Kreml-Investmentchef will Elon Musk für Alaska-Russland-Tunnel gewinnen. AfD-Politikerin denunziert deutsche DSA-Befürworter an Trump-Administration. Chamath macht SPAC mit Trump Jr. und Fox-News-Moderatorin. Europol hebt 40.000 SIM-Karten-Betrügerring aus. Augenimplantat hilft bei Makuladegeneration. Unterstütze unseren Podcast und entdecke die Angebote unserer Werbepartner auf doppelgaenger.io/werbung. Vielen Dank! Philipp Glöckler und Philipp Klöckner sprechen heute über: (00:00:00) AWS-Ausfall und digitale Souveränität (00:03:07) Oatly-Crash in USA (00:07:10) Unitree H2-Roboter aus China (00:09:49) Western CEOs in China-Schock (00:11:37) X verkauft inaktive Handles (00:16:42) X baut In-App-Browser für Links (00:22:37) San Francisco Miet-Explosion (00:25:32) Anthropic Umsatz-Update (28:27) Oracle korrigiert GPU-Margen nach oben (00:30:29) XAI's $20 Mrd Chip-Finanzierung (00:32:50) WhatsApp verbannt Konkurrenz-Chatbots (00:36:06) Kreml pitcht Alaska-Tunnel an Musk (00:40:39) AfD verrät deutsche Politiker an USA (00:46:42) Chamath's Trump-SPAC (00:48:36) Europol: 40.000 SIM-Karten-Ring (00:49:34) Augenimplantat-Durchbruch Shownotes AWS-Ausfall: Amazon Cloud wiederhergestellt; betroffen: Snapchat, Roblox, Robinhood – bloomberg.com Oatly gibt Klimadebatte Schuld an US-Umsatzrückgang – ft.com CLIQ Digital AG: Vorläufige Geschäftszahlen von CLIQ – globenewswire.com Von Fabriken zu Laufstegen: Unitree Robotics präsentiert neuen Humanoiden – scmp.com X startet Marktplatz für inaktive Handles – theverge.com X testet neue Methode zum Öffnen von Links – engadget.com San Francisco Wohnung mieten im A.I.-Boom? Viel Glück. – nytimes.com Exklusiv: Anthropic plant fast dreifache Umsatzsteigerung bis 2026 – reuters.com Oracle Marge – x.com XAI Colossus 2 – theinformation WhatsApp ändert Nutzungsbedingungen, um allgemeine Chatbots zu verbieten – techcrunch.com Kreml-Investitionschef drängt Elon Musk zum Bau eines Alaska-Russland-Tunnels – ft.com Reparatur eines Wasserrohrbruchs auf der Near North Side. – threads.com OF Chatter – nikkei Zentrum für Digitalrechte und Demokratie – linkedin.com Donald Trump Jr., Chamath Palihapitiya, Laura Ingraham in SPAC-Venture – bloomberg.com 40.000 SIM-Karten konfisziert: Europol sprengt Betrügerring – heise.de Wissenschaftler erfinden Augenimplantat, um Blinden wieder Sehkraft zu geben – ft.com
We open on the quantum bubble—why euphoric pricing, SPAC lineage, tiny revenues, and heavy short interest make this corner of the market feel like a digital casino. Then we break down shorting in plain English (and why timing risk blows up otherwise “correct” theses). Simon pivots to gold’s surge, drawing parallels to the post-1971 fiat shift, sticky core inflation, and chronic deficits—plus what the Bank of Canada’s changing language might be signaling. We wrap with how gold and Bitcoin can coexist in a portfolio and a quick life update from the hosts. Not investment advice. Tickers of ETFs discussed: IONQ, RGTI, QBTS, IBM, MSFT, GOOGL, FNV, AEM Check out our portfolio by going to Jointci.com Our Website Our New Youtube Channel! Canadian Investor Podcast Network Twitter: @cdn_investing Simon’s twitter: @Fiat_Iceberg Braden’s twitter: @BradoCapital Dan’s Twitter: @stocktrades_ca Want to learn more about Real Estate Investing? Check out the Canadian Real Estate Investor Podcast! Apple Podcast - The Canadian Real Estate Investor Spotify - The Canadian Real Estate Investor Web player - The Canadian Real Estate Investor Asset Allocation ETFs | BMO Global Asset Management Sign up for Fiscal.ai for free to get easy access to global stock coverage and powerful AI investing tools. Register for EQ Bank, the seamless digital banking experience with better rates and no nonsense.See omnystudio.com/listener for privacy information.
Saratoga Performing Arts Center's popular fundraising event, “SPAC in Conversation,” returns on Wednesday, October 22 in the historic Hall of Springs, featuring award-winning journalist, former New York Times staff writer and media ecologist Julie Scelfo. Founder and Executive Director of Mothers Against Media Addiction (MAMA), Scelfo will lead an inspiring discussion on “fighting back against runaway tech to protect our kids' childhoods.”
Terra Innovatum (NKLR) CEO Alessandro Petruzzi and CBDO Giordano Morichi talk about why the company recently decided to go public via SPAC. As the nuclear energy space grows, they explain the direction they see Terra turning toward as it plans to deploy its first solo reactor in 2028. They expect tailwinds in executive orders expediting nuclear deployments and energy needs surrounding A.I. over the coming years.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
Crypto News: Bitcoin and Stocks crash as Trump announces 100% tariffs on China. Morgan Stanley drops restrictions on which wealth clients can own crypto funds. Banks explore launching a stablecoin linked to G7 currencies. Brought to you by
We started the program with discussions about SPACs and space-focused investments, where Andrew shared his expertise on SPAC performance and the UFO ETF's methodology. The discussion explored various aspects of space industry investment trends, including index criteria, the evolution of space technology, and the intersection of nuclear and space technologies. The conversation concluded with insights about the flow of investment capital between AI and space industries, along with discussions about regulatory changes and the future opportunities in space exploration.After the introductions and announcements, Andrew discussed his experience with SPACs in some detail, noting that while some have been successful, others have not performed well. He explained that SPACs are not inherently good or bad but rather depend on how they are structured and managed. Andrew shared his personal interest in SPACs dating back to his early career and mentioned that his firm had considered launching a space-focused SPAC but ultimately decided against it due to market conditions. He advised potential investors to conduct thorough due diligence and emphasized the importance of believing in the team behind a SPAC.Andrew explained the origin of the ETF's name “UFO,” which was chosen for its memorable three-letter ticker and availability. He then discussed the fund's performance, noting that it tracks a rules-based index and has exposure to a diverse range of space-related companies, including both well-known and lesser-known names. Andrew also highlighted the fund's global approach and the changing landscape of the space industry, which has led to new investment opportunities. He mentioned that the fund currently holds about 47 companies, up from 30 at launch, and has seen some new space names enter the public markets recently.The discussion focused on space investment trends and index criteria. Andrew explained that private space investments grew from $1.1 billion with 8 investors from 2000-2005 to $10.2 billion with 93 investors from 2012-2018, noting that foreign governments are increasingly seeking space solutions independently of SpaceX. John Jossy inquired about index criteria, and Andrew clarified that the index evaluates space revenue metrics, market cap, and liquidity, with companies needing either majority space revenue or specific revenue thresholds to qualify. Andrew also explained that companies can be removed or re-added to the index based on meeting methodology standards, using Avio as an example of a company that was removed but later re-added when it met the criteria again.The discussion focused on comparing SPACs and UFO ETFs, with Andrew explaining that UFO tracks the S Network Space Index, a global space index launched in 2019 that focuses on companies with significant space-related revenues. Andrew emphasized that unlike traditional ETFs like QQQ, UFO has minimal overlap with other funds and is managed by former Space Foundation Director of Research Micha Walter Range, who developed the methodology for quantifying space industry revenues.We put more focus on the UFO index, its methodology, and potential inclusion of private funds like SilverLake. Andrew explained that the index currently only considers publicly traded securities and does not include private investments. He also discussed trends in commercial space investment, noting the impact of geopolitical events on the industry. Andrew highlighted how conflicts and political shifts have created both challenges and opportunities for space technology companies, potentially leading to more nationalistic approaches in the industry.Andrew discussed the importance of national security and defense in space, highlighting the potential for U.S. companies to win contracts for projects like Golden Dome and potentially share technologies with allies. He noted a strong investor appetite for space companies, citing improved fundamentals and better access to investment opportunities. David asked about the impact of Artemis' success and the race to the moon on investment trends, to which Andrew responded that the moon's strategic importance could influence access and development, mentioning potential data centers and micro-economies on the moon.Given comments by Dr. Kothari, our discussion focused on the intersection of nuclear and space technologies, with Ajay highlighting the potential for thorium-based molten salt reactors to address both energy and climate challenges, noting significant thorium reserves in the US and China. Andrew acknowledged the potential of these technologies while emphasizing the importance of energy for space exploration and the historical benefit of space technologies transferring to Earth applications. David mentioned the emergence of several potential industries from cislunar development and low Earth orbit manufacturing, emphasizing the need for revenue generation beyond seed capital. Andrew said in some cases the fund lists pre-revenue companies. Don't miss his comments on this topic.We looked at many of the space-focused companies and their inclusion in investment indices. Andrew explained that while pre-revenue companies could be included if publicly traded, they typically need to meet specific metrics and be publicly traded to be considered. John Hunt mentioned a potential investment opportunity with a PE of 25 and a dividend of 0.9%. Andrew emphasized the importance of finding a reliable index methodology when investing in specific industries. The conversation also touched on regulatory changes in the ETF industry and Andrew's advice for young entrepreneurs considering space as an investment opportunity.Andrew summarized the space industry's opportunities and challenges, emphasizing the importance of capable workforce and diverse investment strategies. He highlighted the potential for unexpected opportunities in the space sector, citing the EchoStar story as an example. The group also touched on the impact of tariffs on the space industry and the shifting investment landscape, with AI being seen as a major competitor for investment dollars.Note that this program is archived both at www.thespaceshow.com and doctorspace.substack.com for audio. The Zoom video is on the same Substack site for this date, Friday, Oct. 10, 2025.pecial thanks to our sponsors:Northrup Grumman, American Institute of Aeronautics and Astronautics, Helix Space in Luxembourg, Celestis Memorial Spaceflights, Astrox Corporation, Dr. Haym Benaroya of Rutgers University, The Space Settlement Progress Blog by John Jossy, The Atlantis Project, and Artless EntertainmentOur Toll Free Line for Live Broadcasts: 1-866-687-7223For real time program participation, email Dr. Space at: drspace@thespaceshow.comThe Space Show is a non-profit 501C3 through its parent, One Giant Leap Foundation, Inc. To donate via Pay Pal, use:To donate with Zelle, use the email address: david@onegiantleapfoundation.org.If you prefer donating with a check, please make the check payable to One Giant Leap Foundation and mail to:One Giant Leap Foundation, 11035 Lavender Hill Drive Ste. 160-306 Las Vegas, NV 89135Upcoming Programs:Broadcast 4443 Jack Kingdon | Sunday 12 Oct 2025 1200PM PTGuests: Jack KingdonJack discusses his paper “3 months transit time to Mars for human missions using SpaceX Starship” Get full access to The Space Show-One Giant Leap Foundation at doctorspace.substack.com/subscribe
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
AGENDA: 03:29 OpenAI and AMD's Major Partnership 07:35 Microsoft Have F***** Up the OpenAI Partnership 17:08 OpenAI's Developer Day Announcements 20:45 Why VC is the Most Forgiving Asset Class on Price and Valuation 29:10 What Does it Take to IPO in 2025: Why Snyk Will Not IPO 42:30 Four Strategies Companies Need to Take to Own Their Own Destiny 49:31 Vercel Raises $300M at $9BN: Suicide Round or Strategic 55:39 Does King Making Really Work in Venture Capital: Legora vs Harvey 01:08:11 Chamath Raises Latest SPAC: SPACs are Back 01:10:56 Polymarket Raises $2BN at a $9BN Valuation 01:14:53 Quick Fire Questions and Wrap-Up
Ocean container rates on the eastbound Trans-Pacific are falling by double digits in a surprise move from China carriers ahead of new US port fees. The ship tax, which begins next week, charges China-owned or operated ships $80 per net tonnage for each voyage to the U.S. and could cost major players like Cosco and OOCL as much as $2.1 billion in 2026. Autonomous trucking company Kodiak AI just debuted on the NASDAQ after successfully combining with Ares Acquisition Corporation II, resulting in a $2.5 billion valuation for the newly public company. Kodiak secured more than $275 million in funding through this de-SPAC transaction, which CEO Don Burnette noted marks an inflection point for the industry as self-driving technology matures toward commercial deployment. Additionally, the Senate confirmed David Fink, a former Pan Am Railways president and fifth-generation railroader, to lead the Federal Railroad Administration. President Trump nominated Fink, stating he would "deliver the FRA into a new era of safety and technological innovation". Learn more about your ad choices. Visit megaphone.fm/adchoices
When you're running a large industrial operation, tracking all of the elements of your process to know where they are and what they're doing in real-time, can be a huge challenge. Today, we're spotlighting a company whose revolutionary platform can help solve that problem. Ed Nabrotzky is the CEO and co-founder of Dot Ai, a company specializing in industrial asset intelligence solutions. Ed brings with him over 25 years of experience in technology development, and has held executive leadership roles at large public enterprises, including Molex and Panasonic. Ed joins us to discuss Dot Ai's competitive advantage, how AI is changing the game when it comes to asset intelligence, and how their tech helps make companies more efficient. Highlights:What Dot Ai does (1:53)The gap in the market (2:25)The customers (3:21)Inflection point (4:01)The current emphasis asset intelligence (5:51)ROI (7:09)The Dot Ai platform (8:36)Data Security (12:04)Meeting Unique Client Needs (13:25)R&D (14:40)Puerto Rico Manufacturing (16:15)SPAC (18:49)Forces reshaping supply chains (22:59)Misconceptions about automated asset tracking (25:04)Future outlook (26:10) Links:Ed's LinkedInDot Ai LinkedInDot Ai WebsiteICR LinkedInICR TwitterICR Website Feedback:If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer, joe@lowerstreet.co.
(0:00) Bestie intros! (1:53) EA acquired for $55B in biggest LBO ever, why PE is in trouble (17:42) IPO market, SPAC 2.0 (27:41) The AI rollup opportunity (36:01) Sacks joins the show! (38:27) OpenAI and Meta launch short-form video apps: "AI Slop" or the future of content? (45:04) Open source AI: DeepSeek's new model, pressure on US AI industry (1:05:11) State AI regulation frenzy: States' rights vs Federal control, overregulation Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://apnews.com/article/ea-electronic-arts-video-game-silver-lake-pif-d17dc7dd3412a990d2c0a6758aaa6900 https://www.ign.com/articles/xbox-game-pass-ultimate-price-rises-to-30-a-month-microsoft-adds-more-day-one-games-and-throws-in-fortnite-crew-and-ubisoft-classics-to-help-justify-the-cost https://x.com/Jason/status/1973461806585966655 https://www.npr.org/2025/09/05/nx-s1-5529404/anthropic-settlement-authors-copyright-ai https://x.com/scaling01/status/1972650237266465214 https://www.insidetechlaw.com/blog/2025/09/californias-transparency-in-frontier-artificial-intelligence-act https://www.datacenterdynamics.com/en/news/google-withdraws-rezoning-proposal-for-468-acre-data-center-project-in-franklin-township-indianapolis
Send us a textHi everybody and welcome to today's episode of Attendance Bias. I am your host, Brian Weinstein. Several guests have come on the podcast to discuss Phish's famous Halloween shows, and there's always plenty to say. Today's guest, Kevin Rovner of the Kevin Rovner Band chose not only the most controversial Halloween show in Phish's history–the infamous Wingsuit set from 2013, but he also chose to zero in on one specific song from that set: “You Never Know.” The last song from that set, and it hasn't been played since that night.When it comes to Phish Halloween shows, the discussion always reveals a lot about the guest, and today's conversation is quite refreshing. Although today's episode really focuses on the fall 2013 tour and the unprecedented step of Phish playing a brand new album in front of an unsuspecting audience, there's also a deep discussion of how the Wingsuit Halloween was a turning point for the band. Looking back 12 years later, it's easy to see how the playing playing “an album from the future” changed the very concept of a musical costume, and helped direct the band to more recent Halloween sets that break from tradition. But there's more to it than that. Kevin brings our attention to one of the lesser-known Phish songs, “You Never Know,” that gives us a brief lesson in Phish history, and also provides a notable contrast between the music and the story that inspired it. In other words, one could argue that it proves how Phish was still pushing themselves even within the premise of that unbelievable set of all new music.So let's join Kevin to talk about Spongebob SquarePants, SPAC, and Abe Vagoda, as we discuss “You Never Know” from October 31, 2013 at the Boardwalk Hall in Atlantic City.Support the show
Mark Klein is the Chairman, President, and CEO of SuRo Capital, a publicly traded investment fund that seeks to invest in high-growth, venture-backed private companies. A director of Learneo (formerly Course Hero) since 2020, Mr. Klein is also a current board member of a New York Stock Exchange-listed special purpose acquisition company (“SPAC”), Churchill Capital Corp VII, for which he has served since February 2021. Additionally, since 2012, he has been Managing Member and Majority Partner at M. Klein & Company, LLC, an investment banking and advisory firm. Before joining SuRo, Mark held positions including Chairman and CEO at several public and private companies and served on a variety of corporate boards. He earned a bachelor's degree with high distinction in Business Administration from Emory University and an MBA from the J. L. Kellogg School of Management at Northwestern University.
It's the busiest year for SPACs since 2021. The unusual case of rate cuts with bank stocks at record highs, and the President says quarterly reports aren't necessary. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Crypto News: Crypto users urged to take extreme care as NPM attack hits core JavaScript libraries. SwissBorg hacked for $41M SOL after third-party API compromise. CoinShares to go public in the US through $1.2B SPAC merger. HashKey launches $500M digital asset treasury fund in Hong Kong.Show Sponsor -
Episode 652: Neal and Toby dive into what's behind a string of strong earnings that is shrugging off tariff fears. Then, the SPAC king returns and is seeking to raise $250M for his new SPAC. Also, CLEAR and TSA is piloting biometric tech to help airport screening go much faster. Meanwhile, AI-powered sleep tech startup Eight Sleep is planning to open up retail stores by 2026. 00:00 - Guess what ‘TMZ' stands for 3:00 - Companies are crushin' 7:30 - SPAC King is back 11:30 - CLEAR clearing up airport screening 17:00 - Eight Sleep's big dreams 21:20 - Sprint Finish! LinkedIn will even give you a $100 credit on your next campaign so you can try it yourself. Check out LinkedIn.com/mbd for more. Submit your MBD Password Answer here: https://docs.google.com/forms/d/1Yzrl1BJY2FAFwXBYtb0CEp8XQB2Y6mLdHkbq9Kb2Sz8/viewform?edit_requested=true Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
Masa Son is investing $2B into Intel, and the Uncle Sam might join in as well. Small AI models continue to have a moment. Chamath is reentering the arena with a new SPAC. The Texas AG is investigating AI chatbots. And does GPT-5 prove that we've hit an AI ceiling, even if only temporarily? Links: Intel is getting a $2 billion investment from SoftBank (CNBC) Nvidia releases a new small, open model Nemotron-Nano-9B-v2 with toggle on/off reasoning (VentureBeat) ‘SPAC King' Chamath Palihapitiya is back with a new one (Pitchbook) Texas attorney general accuses Meta, Character.AI of misleading kids with mental health claims (TechCrunch) Is AI hitting a wall? (FT) Learn more about your ad choices. Visit megaphone.fm/adchoices
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