Podcasts about spv

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Best podcasts about spv

Latest podcast episodes about spv

Acquisitions Anonymous
The Amazon Agency With Dream Clients Falling From The Sky

Acquisitions Anonymous

Play Episode Listen Later Jul 21, 2026 54:13


In this episode the hosts analyze a high-margin Amazon agency for sale while a veteran business broker reveals how buyers can win—or lose—competitive acquisition deals and what "SBA pre-qualified" really means.Business Listing – https://quietlight.com/listings/18829076/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Acquisitions Anonymous
Would You Buy a $3.3M Taxidermy Company?

Acquisitions Anonymous

Play Episode Listen Later Jul 14, 2026 32:21


In this episode the hosts analyze a rare $3.3M revenue taxidermy business in Reno, debating whether its niche positioning and loyal customer base outweigh the challenges of buying, operating, and eventually selling such a specialized company.Business Listing – https://www.bizbuysell.com/business-opportunity/premier-taxidermy-for-sale/2447323/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Acquisitions Anonymous
Would You Buy a $3.3M Taxidermy Company?

Acquisitions Anonymous

Play Episode Listen Later Jul 14, 2026 32:21


In this episode the hosts analyze a rare $3.3M revenue taxidermy business in Reno, debating whether its niche positioning and loyal customer base outweigh the challenges of buying, operating, and eventually selling such a specialized company.Business Listing – https://www.bizbuysell.com/business-opportunity/premier-taxidermy-for-sale/2447323/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

The Silicon Valley Podcast
Ep 291 Inside the World of SPVs: How Special Purpose Vehicles Power Private Market Investing with Mitch Mechigian

The Silicon Valley Podcast

Play Episode Listen Later Jul 13, 2026 34:22


Private markets continue to evolve, and Special Purpose Vehicles (SPVs) have become one of the most important tools for investors seeking access to high-growth private companies. But behind every SPV is a complex legal and operational structure that many investors don't fully understand. In this episode, we sit down with Mitch Mechigian, an experienced private markets professional specializing in SPV management and venture investing. Mitch shares what happens behind the scenes of structuring, administering, and managing SPVs throughout their full lifecycle—from formation and investor onboarding to governance, reporting, distributions, and exits. Whether you're an angel investor, venture capitalist, founder, family office, or someone looking to better understand private market investing, this episode provides a practical look at how SPVs work, the risks investors should evaluate, and how the rapidly growing secondary market is changing access to private company investments. In This Episode Mitch's career journey into venture investing and SPV management What Special Purpose Vehicles (SPVs) are and why they're widely used Lessons learned from managing SPVs throughout their lifecycle Understanding counterparty risk and why it matters The difference between direct (first-layer) and indirect (second-layer) SPV investments Investor rights, reporting obligations, K-1s, and ongoing communications How share classes and liquidation preferences impact secondary pricing Navigating Rights of First Refusal (ROFR) in private company transactions Typical fee structures in SPVs and who pays them The future of venture secondaries and private market liquidity Key Takeaways SPVs provide efficient access to private investment opportunities but require careful structuring and administration. Investors should understand not only the underlying company but also the legal and economic structure of the SPV itself. Share class rights, governance provisions, and transfer restrictions can materially affect investment outcomes. As companies remain private longer, secondary markets and SPVs are becoming increasingly important components of the venture capital ecosystem. Understanding information rights, fees, and counterparty risk is essential before investing in any SPV. About Mitch Mechigian Mitch Mechigian is a private markets professional with extensive experience in venture investing, SPV administration, and private capital transactions. Throughout his career, he has worked with founders, investors, and fund managers to structure and manage investment vehicles that provide access to private companies while navigating the operational, legal, and reporting complexities of private market investing. Who Should Listen Angel Investors Venture Capital Investors Family Offices Startup Founders Investment Bankers Private Market Professionals Emerging Fund Managers Finance Students Anyone interested in venture capital and private market investing Disclaimer: The views expressed in this podcast are for informational purposes only. They do not constitute financial, investment, legal, or tax advice, nor do they necessarily reflect the views of Finalis Inc. or Finalis Securities LLC, Member FINRA/SIPC. Any discussion of private investments, securities, or investment strategies is general in nature and should not be relied upon as a recommendation or solicitation to buy or sell any security. Investors should conduct their own due diligence and consult their professional advisors before making any investment decisions. #PrivateMarkets #VentureCapital #SPV #Secondaries #StartupInvesting #PrivateEquity #AngelInvesting #SiliconValley #BusinessPodcast #TheSiliconValleyPodcast

Indie vs Unicornio
#121 El VC que Mintió y lo Expuso el Co-Founder, Elon le Pone Límite a la AI y Sam Altman Quiere al Gobierno Como Socio

Indie vs Unicornio

Play Episode Listen Later Jul 6, 2026 46:12


El episodio 121 llegó con escándalos, paradojas y jugadas que no te podés perder.Elon Musk, el mayor promotor de la AI del mundo, le puso un techo de 200 dólares por semana a cada empleado de Tesla para gastar en tokens. Su argumento: después de ese límite, el gasto es puro desperdicio. Una decisión que va contra toda la narrativa del token maxing y que debería leer cualquier empresa antes de abrir la billetera.Sam Altman sigue moviendo piezas. OpenAI le ofreció el 5% de la compañía al gobierno americano, sin lógica aparente salvo una: convertirse en un activo de seguridad nacional para blindarse de reguladores y competidores. La jugada política más audaz del año en Silicon Valley.El escándalo de la semana lo protagonizó un VC que anunció públicamente haber invertido en Anduril. El co-founder de la compañía lo desmintió en Twitter en tiempo real. Resultó que compró una partecita de un SPV de un SPV sin estar en el cap table. Los trapitos al sol del mercado secundario en su máximo esplendor.También hablamos de Cocos Capital, la fintech argentina que nunca levantó plata institucional, compró un banco y acaba de entrar a Brasil. Y de cómo las acciones tech cayeron desde sus máximos — Coinbase 69%, Oracle 57%, Salesforce 57%.__

Acquisitions Anonymous
They Want $1.6M for a Marching Band Business?!

Acquisitions Anonymous

Play Episode Listen Later Jul 3, 2026 36:12


In this episode the hosts review a niche marching band equipment manufacturer and explore why a seemingly durable business serving schools across America may be dramatically overpriced despite nearly 30 years of operating history.Business Listing – https://www.bizbuysell.com/business-opportunity/established-niche-manufacturer-with-40-year-brand-and-30-margin/2492280/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Acquisitions Anonymous
They Want $1.6M for a Marching Band Business?!

Acquisitions Anonymous

Play Episode Listen Later Jul 3, 2026 36:12


In this episode the hosts review a niche marching band equipment manufacturer and explore why a seemingly durable business serving schools across America may be dramatically overpriced despite nearly 30 years of operating history.Business Listing – https://www.bizbuysell.com/business-opportunity/established-niche-manufacturer-with-40-year-brand-and-30-margin/2492280/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Ecovicentino.it - AudioNotizie
Domani l'ultimo saluto a don Francesco e Alberto. Previsti bus navetta

Ecovicentino.it - AudioNotizie

Play Episode Listen Later Jul 2, 2026 1:59


I funerali del salesiano e dell'animatore morti nell'incidente in galleria Spv si terranno domani alle 18,30 al Palaromare. Il piano organizzativo è stato definito dal Comune insieme alla comunità salesiana, al Famila Basket, alle forze dell'ordine, alla protezione civile ed ai diversi enti coinvolti. Sarà lutto cittadino.

Podcasty HN
Obce, developeři a banky spojují síly. Nový model výstavby startuje v Česku

Podcasty HN

Play Episode Listen Later Jul 1, 2026 30:48


V Česku se začíná uplatňovat nový způsob výstavby: partnerství obce, developera a banky. Spojí se v jednu společnost, která postaví novou stavbu. Může to být rezidenční projekt s byty, škola, školka či třeba dům pro seniory, podle toho, co je v konkrétní obci či městě potřeba. „Jedná se o propojení soukromého sektoru a obecního majetku a rozpočtů,“ řekl v podcastu HN Jan Lebl, jednatel společnosti LG stavby, která s tímto ojedinělým konceptem společné výstavby formou joint venture podniku přišla. V roce 2024 oslovila vedení obce Stochov na Kladensku s nápadem, že by mohli založit takzvanou společnou projektovou společnost (SPV). Jejím prostřednictvím má ve Stochově vzniknout rezidenční projekt s moderními byty a úspornými technologiemi.

The Truth About Wealth
Crypto Wealth Management, Institutional Adoption & Digital Assets (Ep. 143)

The Truth About Wealth

Play Episode Listen Later Jun 30, 2026 45:25


What happens when a traditional financial system collides with a new era of digital assets and investors are still trying to figure out where they fit? In this episode, we are joined by Jake Claver, Principal of Digital Ascension Group, to unpack how digital assets are reshaping investing, financial infrastructure, and long-term wealth strategy. Jake breaks down how crypto evolved from a speculative idea into an emerging institutional asset class, and why the real shift isn't just about coins but about how money, settlement, and ownership itself are being rebuilt. Listeners will learn how blockchain technology is moving beyond speculation into real-world financial infrastructure, why institutional adoption is accelerating, and how families and investors can think about crypto within a broader portfolio strategy. The conversation also explores custody, regulation, risk, and opportunity, plus how digital assets may integrate into everything from payments to global markets over the next decade. What you'll take away: How blockchain works as a distributed ledger for financial systems Why Bitcoin is increasingly viewed as “digital gold” How crypto enables faster, lower-cost global transactions Why institutional adoption is accelerating across major banks How tokenization could transform real estate and markets How families are approaching crypto allocation and risk Why custody and security are critical in digital asset investing How financial systems are moving toward real-time settlement Why digital assets are being integrated into long-term portfolio strategy And more! Connect with John and Michael Parise: 856-988-8300 Copper Beech Financial Group LinkedIn: John Parise LinkedIn: Michael Parise LinkedIn: Copper Beech Financial Group, LLC Facebook: Copper Beech Financial Group, LLC Connect with Jake Claver: LinkedIn: Jake Claver Digital Ascension Group About Our Guest: Jake Claver works at the intersection of family office wealth management and digital assets—a space that's still unusual, and exactly where he's built his expertise. He is Chairman of Digital Ascension Group, a multi-family office serving high and ultra-high net worth clients, and founded Digital Wealth Partners, a standalone wealth advisory practice. He also leads the SPV investment management platform at Syndicately. Across all three, the focus is consistent: helping families navigate blockchain, tokenisation, and digital assets before those decisions are forced on them. On the credentials side, he holds a Certified Qualified Family Office Professional designation and an R3 Corda Certified Business Professional certification in tokenisation—specialised qualifications that are still rare in this space. He has also built education programs for family office and digital asset professionals to address a gap he repeatedly encountered in the market. He studied finance at the University of North Texas.

The Water Tower Hour
PharmAla Biotech Holdings (MDMA): The World's Leading Clinical-Grade MDMA Supplier — and What's Next

The Water Tower Hour

Play Episode Listen Later Jun 29, 2026 18:02 Transcription Available


Send us Fan MailIn this special episode of the WTR Small Cap Spotlight Podcast, originally featured on WTR Healthcare Happenings, Nick Kadysh, Founding CEO and President of PharmAla Biotech Holdings (CSE: MDMA), joins host Tim Gerdeman and WTR Healthcare Analyst Robert Sassoon to discuss the company's positioning as a world-leading supplier of clinical-grade MDMA and its strategy for unlocking pipeline value through smart partnerships. Nick walks through two recently announced transactions: the formation of Restora Neurosciences, a 50/50 SPV to advance APA-01, a non-psychedelic neurology molecule targeting traumatic brain injury and stroke, and a term sheet granting Jupiter Neurosciences (NASDAQ: JUNS) exclusive US rights to lead asset ALA-002, valued at more than $100 million. He also explains why a focused, capital-efficient model matters for a seven-person company supporting 33 clinical trials worldwide. 

Finscale
#347 - Charles Egly (Younited) - De la titrisation au bilan : la stratégie qui a rendu Younited profitable

Finscale

Play Episode Listen Later Jun 27, 2026 34:42


Dans cet épisode, je reçois Charles Egly, CEO et cofondateur de Younited, pour une discussion autour du basculement de son modèle économique, du crédit instantané financé par titrisation vers un modèle bancaire bilanciel diversifié, en passant par une introduction en bourse via SPAC.Nous avons parlé :Du modèle originate to distribute des débuts : lever des fonds propres pour investir dans la tech et le produit, puis titriser et distribuer les crédits instantanément pour ne pas les garder au bilan.Du pivot vers un modèle bilanciel en 2024, concrétisé par l'introduction en bourse via le SPAC Iris Financial (rebaptisé Younited Financial) avec 150 millions d'euros levés auprès de Ripplewood, +50% de revenus et un premier résultat net positif de 2 millions d'euros en 2025.Du maintien de la titrisation classique en parallèle, avec trois émissions d'ABS depuis l'introduction en bourse, via des véhicules SPV et FCT.De la méthode de déploiement à l'international fondée sur le recrutement de CEOs locaux très autonomes, et des spécificités réglementaires entre la France (FICP), l'Italie et l'Espagne (CIRBE).Du retrait du marché allemand en 2024, malgré un coût du risque maîtrisé, en raison du poids des comparateurs comme Check24.De la distinction entre le paiement étalé proposé par Younited(1000 à 1500 euros sur 24 à 36 mois) et le BNPL classique (40 à 100 dollars, moins de 3 mois), avec Bouygues Telecom et Pixmania.Des trois choix que Charles changerait avec le recul : avoir adopté le nom Younited plus tôt, ne pas s'être lancé en Allemagne, et avoir investi plus tôt dans la donnée.Un échange direct sur la mécanique financière d'une fintech qui a grandi vite, traversé plusieurs cycles de taux, et qui assume aujourd'hui aussi bien ses choix que ses regrets.Recommendations de Charles: “Le Monde sans fin”, bande-dessinée de J-M. Jancovici et Ch. Blain: https://share.google/A4j7evqLyFIUTfomjEpisode du podcast Thinkerview avec J-M. Jancovici : https://www.youtube.com/watch?v=JmByobw2YWA Liens utiles:Charles Egly: https://www.linkedin.com/in/charlesegly/ Younited:https://younited.com/fr/ Glossaire pour les acronymes:ABS (Asset-Backed Securities) : titres financiers adossés à un panier d'actifs, vendus à des investisseurs institutionnels.BNPL (Buy Now Pay Later) : paiement fractionné de très court terme, basé sur une analyse de fraude, avec de faibles montants et une maturité inférieure à 3 mois.CIRBE (Central de Información de Riesgos del Banco de España) : fichier espagnol de centralisation des risques de crédit, géré par la Banque d'Espagne.FCT (Fonds Commun de Titrisation) : équivalent français du SPV, dédié à la titrisation de créances.FICP (Fichier des Incidents de remboursement des Crédits aux Particuliers) : fichier français qui recense les incidents de paiement des particuliers.SPAC (Special Purpose Acquisition Company) : société cotée sans activité propre, créée pour fusionner avec une entreprise et lui permettre d'entrer en bourse plus vite qu'une IPO classique.SPV (Special Purpose Vehicle) : structure juridique ad hoc créée pour isoler certains actifs du bilan d'une société.Finscale est aussi disponible sur YouTube: https://www.youtube.com/@finscale.***************************Finscale est bien plus qu'un podcast. Cet épisode est produit et animé par Solenne Niedercorn, fondatrice de Finscale.

Acquisitions Anonymous
This $2M Nursing Brand Might Be Impossible to Buy

Acquisitions Anonymous

Play Episode Listen Later Jun 26, 2026 26:09


In this episode, the team analyzes a highly profitable flamethrower manufacturing business and debates whether its massive margins, robot-mounted products, and regulatory risks make it an incredible acquisition opportunity or a liability nightmare.Business Listing – https://quietlight.com/listings/18180678/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Acquisitions Anonymous
This $2M Nursing Brand Might Be Impossible to Buy

Acquisitions Anonymous

Play Episode Listen Later Jun 26, 2026 26:09


In this episode, the hosts discuss a fast-growing nursing education e-commerce business with $6M in revenue and $2M SDE, debating whether its founder-driven brand and financing structure make it an incredible opportunity or an unfinanceable "tweener" deal.Business Listing – https://quietlight.com/listings/18180678/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Ecovicentino.it - AudioNotizie
Il camionista dello schianto: “Stava bene, si è scusato per il tamponamento, poi il botto”

Ecovicentino.it - AudioNotizie

Play Episode Listen Later Jun 26, 2026 0:51


La testimonianza del camionista thienese tamponato ieri dall'auto di don Francesco Andreoli, salesiano di Schio. Il giovane sacerdote si era scusato, il camionista gli aveva fatto cenno di scendere dall'auto per mettersi il sicurezza con l'animatore sedicenne che aveva a bordo. Poi l'urto con un'Audi guidata da padre di famiglia.

Million Dollar Relationships
The Detour That Built Five Companies with Justin Gray

Million Dollar Relationships

Play Episode Listen Later Jun 23, 2026 41:23


What if the wrong turn that changed your life wasn't even yours to take? In this episode, Justin Gray, serial entrepreneur and Managing Partner at In Revenue Capital, shares how five exits worth more than $500 million in enterprise value all trace back to one unexpected introduction at a Phoenix bar. His girlfriend at the time ran into a founder, turned down a job offer, and said: talk to my boyfriend instead. That detour led Justin to employee number six at a fintech startup, his first liquidity event, and everything that followed. Today he invests in early stage B2B vertical SaaS companies, not just with capital but with his team's hands deep in the work alongside founders every single day.   [00:03:30] What He Does and Who He Serves Serial entrepreneur with five successful exits worth over $500 million in enterprise value Managing partner at In Revenue Capital, an early stage B2B vertical SaaS venture fund Invests at seed and Series A with a hands-on operator-immersive model Two portfolio companies have already exited since the firm launched in 2023 [00:05:00] How He Got Here Wanted to be a writer in college; pivoted to business and marketing when the money wasn't there Left school four credits shy of a degree; graduated into the post-September 11th job market Took a string of marketing jobs he hated; became a self-taught Swiss Army knife of go-to-market Frustrated by the siloed, arts-and-crafts lane that marketing was stuck in [00:08:00] The Startup That Changed Everything Joined a five-person payments startup in 2006 as employee number six Took three to four months to evaluate the decision; it turned out to be the best of his life Grew the company from roughly $1 million to $294 million in annual revenue Cashed out his equity and went on to found four more bootstrapped companies [00:13:30] What Inspires Him: Upleveling People Running a services firm taught him that people are the most important asset in any business Created a phantom equity program at LeadMD; half the enterprise value went to employees at exit Over a third of those employees have since gone on to start their own companies The freedom to build something is what most people need; liquidity is the key that unlocks it [00:17:30] How In Revenue Capital Actually Works Does not maintain a traditional venture fund; operates under a fundless sponsor SPV model Flies into new portfolio companies for a day and a half workshop after closing Builds a three-pillar assessment framework using market data, portfolio benchmarks, and AI One firm partner is currently serving as CRO for a portfolio company full time [00:23:30] What the Engagement Looks Like Day to Day Founders have the team on Slack, email, and phone; communication is always on Helps with hiring, messaging, pricing, customer success, CRM rollouts, and deal cycles If there is one thing that creates outsized value, it is helping founders hire the right people Knowing what great looks like at each stage is context most first-time founders don't have [00:28:30] The Relationship That Changed Everything: The Founder at the Bar His girlfriend ran into a founder at the Coach House bar in Phoenix; a disagreement led to an apology The founder offered her a job; she declined and said: my boyfriend hates his job, talk to him That introduction led to the payments startup, the first liquidity event, and everything after Without that random bar encounter, Justin says he would still be sitting in a cubicle [00:33:30] The Painful Lesson That Came With It The same founder later invested in two of Justin's subsequent companies out of shared camaraderie Their definitions of success were completely different; misalignment became costly and painful Justin had to buy the founder's half back at multiple seven figures he didn't have earmarked for that The lesson: alignment on goals, exit paths, and vision must come before any partnership [00:38:30] Final Word: Unscalable Things Drive Success Hosts the Cheat Code and Friends podcast with relationships-driven conversations Published The GTM Cheat Code in February 2025; a national bestseller about doing unscalable things All of In Revenue Capital's deal flow comes through venture partners who trust the team The model: provide value to partners first and the doors open on their own   KEY QUOTES "The sixth ingredient that builds a great tech ecosystem, more important than all the others, is context. You have to know what great looks like." - Justin Gray "Everyone thinks they need to only do things that scale. But if you create a culture of hyper value, reward first and revenue second, the relationships open every door." - Justin Gray CONNECT WITH JUSTIN GRAY Website: https://www.inrevenue.com LinkedIn: https://www.linkedin.com/in/inrevenue   Thanks for tuning in! If you liked my show, please LEAVE A 5-STAR REVIEW, like, and subscribe! Find me on: Apple Podcasts | Spotify | iHeart Radio | Stitcher

Unchained
The Chopping Block: SpaceX IPO Mania, Fable 5 Export Controls & The AI Privacy Fight

Unchained

Play Episode Listen Later Jun 18, 2026 74:53


The crew breaks down the SpaceX IPO's crypto-like low float dynamics and Hyperliquid's price prediction, debates accredited investor laws and failed tokenized stock allocations, dives into Fable 5's export control shutdown after Amazon flagged a jailbreak to the Treasury Secretary, and argues whether open source AI models will eat frontier pricing. Welcome to The Chopping Block — where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. Robert is back after a brief hiatus recording his own podcast, The Pop, for Superstate — and the crew wastes no time roasting him for it before diving into the biggest week of news in recent memory. First up: the SpaceX IPO, the largest in history, and why it looks eerily like a crypto token launch — 4.2% float, retail getting cut out, and Hyperliquid perps predicting the first-day pop almost to the dollar. The crew debates TradeXYZ's winner-take-all dominance of HIP3 and why building on top of Hyperliquid might be a terrible startup environment. Then they unpack Elon's financial engineering genius — the Cursor acquisition as all-stock crypto playbook, XAI's pivot from failed AI lab to compute reseller, and why Grok is (unanimously) an embarrassing piece of shit. The conversation shifts to accredited investor laws, SPV dentists, and why every crypto platform failed to deliver SpaceX IPO allocations. From there, Coinbase's massive system update — tokenized stocks, an SEC-registered AI chatbot, combos, and 15-minute markets. Then things get spicy: Robert asks Claude about SBF on air, Sonnet gets it hilariously wrong, and everyone roasts him for not using Opus. The back half is all about Fable 5 — Amazon's jailbreak discovery, Andy Jassy calling Dario (who didn't pick up), and the export controls that shut down the most powerful commercial AI model ever released. Robert drops his most surprising take: "I am EAC, but this is a dry run of pressing the pause button." The episode closes with a heated debate on whether Chinese open source models will eat frontier AI pricing and a bet that may or may not have been agreed upon.  Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Show highlights

Acquisitions Anonymous
The $599K Cemetery Deal That Could Last 100 Years

Acquisitions Anonymous

Play Episode Listen Later Jun 16, 2026 31:58


In this episode, the hosts analyze a rural West Virginia cemetery listed for $599,000 that claims more than $10 million in future burial plot revenue—but may take decades to realize its full value.Business Listing – https://www.bizbuysell.com/business-opportunity/10m-built-in-revenue-potential-from-an-established-cemetery/2460309/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Acquisitions Anonymous
The $599K Cemetery Deal That Could Last 100 Years

Acquisitions Anonymous

Play Episode Listen Later Jun 16, 2026 31:58


In this episode, the hosts analyze a rural West Virginia cemetery listed for $599,000 that claims more than $10 million in future burial plot revenue—but may take decades to realize its full value.Business Listing – https://www.bizbuysell.com/business-opportunity/10m-built-in-revenue-potential-from-an-established-cemetery/2460309/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

The Dividend Cafe
IPO Mania

The Dividend Cafe

Play Episode Listen Later Jun 12, 2026 23:15


Today's Post - https://bahnsen.co/49T1HsR David Bahnsen returns Dividend Cafe to its normal market focus and records Thursday to avoid being influenced by SpaceX's anticipated IPO trading. He discloses he and some clients own SpaceX via an SPV and will be locked up for a year, after which he expects to sell. Using SpaceX's planned $75B raise with a very small public float and huge valuation, plus prospective trillion-dollar IPOs from Anthropic and OpenAI, he argues public markets face unprecedented IPO valuation “indigestion.” He challenges the belief that IPOs are easy money driven by hype, limited supply, or forced index buying, citing history of large drawdowns after major IPOs and warning about post-lockup selling. He also notes private-company markups boosting reported earnings at mega-cap tech firms. His central message: IPO mania distracts from fundamentals and ignores risk-reward symmetry; “free money” doesn't exist, and disciplined long-term investing matters. 00:00 Welcome Back Update 00:42 Why Record Early 02:18 SpaceX IPO Setup 05:00 Valuation Shockwave 08:00 IPO Pop Myth 09:38 Index Inclusion Hype 12:02 Hidden Earnings Impact 13:31 Ask Better Questions 17:16 Private To Public Shift 19:34 No Such Thing Free Money 20:47 Discipline And Wrap Up Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Acquisitions Anonymous
How ATM Route Businesses Make Money

Acquisitions Anonymous

Play Episode Listen Later Jun 9, 2026 41:21


In this episode, the hosts evaluate a highly unusual ATM portfolio generating $1M in EBITDA from 642 ATMs located in gentlemen's clubs nationwide, exploring the hidden complexities, cash logistics, and risks behind what appears to be an ultra-passive business.Business Listing – https://www.bizbuysell.com/business-opportunity/over-1m-ebitda-atm-route-gentlemen-s-clubs-642-atms-5-000-000/2500718/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Acquisitions Anonymous
How ATM Route Businesses Make Money

Acquisitions Anonymous

Play Episode Listen Later Jun 9, 2026 41:21


In this episode, the hosts evaluate a highly unusual ATM portfolio generating $1M in EBITDA from 642 ATMs located in gentlemen's clubs nationwide, exploring the hidden complexities, cash logistics, and risks behind what appears to be an ultra-passive business.Business Listing – https://www.bizbuysell.com/business-opportunity/over-1m-ebitda-atm-route-gentlemen-s-clubs-642-atms-5-000-000/2500718/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Emergency Medical Minute
Podcast 1009: Prevention for Recurrent UTI

Emergency Medical Minute

Play Episode Listen Later Jun 8, 2026 1:45


Contributor: Aaron Lessen, MD Educational Pearls:   UTIs are commonly seen in older women We often see them taking long-term prophylactic antibiotics because of common recurrence. Around 20-30% of older women who develop a UTI have a recurrence due to either diagnostic failure, treatment failure or non-compliance with treatment.  UTI signs and symptoms Burning sensation when urinating Strong urge to urinate Urinating often and passing small amounts of urine.  Pelvic pain    There are currently more guidelines and studies on treatments to prevent these recurrent UTIs in women that we can start in the Emergency Department. Vaginal estrogen has been shown to significantly reduce this issue of recurrence. Very simple prescriptions can be prescribed in the ED It has little systemic absorption and is generally very safe and effective.   References Wells BA, De EJB, Visingardi J, Feustel PJ. IP15-36 IMPACT OF VAGINAL ESTROGEN ON SERIOUS ADVERSE OUTCOMES IN POSTMENOPAUSAL WOMEN WITH RECURRENT URINARY TRACT INFECTIONS: A RETROSPECTIVE STUDY. Journal of Urology [Internet]. 2025 May 1;213(5S):e778. Available from: https://doi.org/10.1097/01.JU.0001109984.67114.74.36 Ackerman AL, Bradley M, D'Anci KE, Hickling D, Kim SK, Kirkby E. Updates to Recurrent Uncomplicated Urinary Tract Infections in Women: AUA/CUA/SUFU Guideline (2025). J Urol. 0(0). doi: 10.1097/JU.0000000000004723 Kaufman MR, Ackerman LA, Amin KA, et al. The AUA/SUFU/AUGS Guideline on Genitourinary Syndrome of Menopause. J Urol. 0(0). doi:10.1097/JU.0000000000004589 Meister MR, Wang C, Lowder JL, Mysorekar IU. Vaginal Estrogen Therapy Is Associated With Decreased Inflammatory Response in Postmenopausal Women With Recurrent Urinary Tract Infections. Female Pelvic Med Reconstr Surg. 2021 Jan 1;27(1):e39-e44. doi: 10.1097/SPV.0000000000000790. PMID: 31725016; PMCID: PMC7737516. Nazarko L. Recurrent lower urinary tract infection in older women [Internet]. Urology & Continence Care Today. Available from: https://www.ucc-today.com/journals/issue/launch-edition/article/recurrent-lower-urinary-tract-infection-in-older-women-ucct   Summarized by Aaryn David & Ahmed Abdel-Hafiz | Edited by Aaryn David & Ahmed Abdel-Hafiz, NREMT-P   Donate: https://emergencymedicalminute.org/donate/   Join our mailing list: http://eepurl.com/c9ouHf

Tank Talks
The Rundown 6/4/22: Alphabet's $80B AI Bet, Anthropic's IPO Push, and the New AI Capital War

Tank Talks

Play Episode Listen Later Jun 4, 2026 19:35


In this episode of Tank Talks, Matt Cohen and John Ruffolo unpack the latest leaked details around Canada's national AI strategy, including a proposed Canadian Tech Growth Fund that would take direct equity stakes in AI startups and scale-ups. John pushes back on whether creating yet another government-backed fund solves the real problem or simply adds more confusion to an already crowded funding landscape.The conversation then moves into the AI capital arms race, where Anthropic, OpenAI, SpaceX, and Alphabet appear to be racing toward public markets and massive equity raises at the same time. Matt and John unpack Anthropic's reported path toward a late 2026 IPO, Alphabet's massive $80 billion equity raise to fund AI infrastructure, and why even companies with enormous free cash flow may be rushing to secure capital before debt markets tighten further.The episode closes with what Matt calls the “fugazi” layer of the AI boom: complex GPU financing structures, off-balance-sheet debt, SPVs, and Michael Burry's criticism of NVIDIA's xAI-related financing arrangement. From Canada's AI strategy to Alphabet's infrastructure spend to opaque AI financing models, the core question is clear: is this the beginning of a new AI-driven market cycle, or are the biggest players trying to raise capital before the music stops?Canada's New National AI Strategy & Tech Growth Fund (00:52)Matt introduces leaked details of Canada's expected national AI strategy, including a new Canadian Tech Growth Fund that would take direct equity stakes in AI startups and scale-ups, along with additional funding for the AI Compute Access Fund.Direct Investment vs. Backing Canadian VC Funds (05:02)John argues that government capital may be more effective when deployed through BDC, EDC, and Canadian venture funds, rather than direct government selection of startups. The concern is that direct investment could create political complications and distort private capital markets.Anthropic's $65B Raise and Potential 2026 IPO (09:02)The conversation shifts to Anthropic's massive fundraising round, reported $900 billion pre-money valuation, and potential late 2026 IPO path. Matt frames it as part of a broader wave of trillion-dollar AI and space-related public market activity.The IPO Race Between Anthropic, OpenAI, and SpaceX (10:04)Matt and John discuss whether the IPO window is reopening or whether the biggest private companies are rushing to get out before capital markets become less forgiving. John speculates that Anthropic may want to reach public markets before OpenAI captures investor attention.Alphabet's $80B AI Infrastructure Raise (12:18)Matt outlines Alphabet's reported $80 billion equity raise, including a private placement to Berkshire Hathaway, a public offering, and an at-the-market equity program. The raise is positioned as fuel for Alphabet's unprecedented AI infrastructure build-out.The AI Infrastructure Cold War (14:41)Matt argues that hyperscalers like Google are proving that frontier AI economics are fundamentally different from prior technology waves. John compares the AI arms race to baseball owners escalating salaries because no one can afford to fall behind.Michael Burry, NVIDIA, xAI, and “Fugazi” GPU Financing (16:01)Matt breaks down Michael Burry's critique of NVIDIA's GPU financing structure involving Valor, xAI, Apollo, Athene, and an SPV. The arrangement raises questions about revenue recognition, asset ownership, credit risk, and who ultimately carries the liability.The Real Question: What Happens When the Music Stops? (17:55)The episode ends with Matt and John questioning how these layered financing structures will play out as AI CapEx continues to explode. From public markets to SPVs to off-balance-sheet risk, the AI boom is starting to look less like a clean growth story and more like a capital market stress test.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

ETF Spotlight
SpaceX IPO Frenzy: Inside the Hottest Space ETF

ETF Spotlight

Play Episode Listen Later Jun 2, 2026 22:38


We discuss the SpaceX IPO and the NASA ETF. (1:00) - Why Should Investors Care About The Space Economy? (4:20) - SpaceX IPO vs. SPV (9:45) - Will Tema Continue To Buy More SpaceX (15:00) - Tema Space Innovators ETF: NASA (18:20)- Tema Durable Quality ETF: TOLL (21:00) - Episode Roundup: RKLB, ASTS, FLY, PL Podcast@Zacks.com

Offshoot: The Fident Capital Podcast
Aleks Gampel: We're not trying to reinvent the wheel. We're just trying to make it spin faster.

Offshoot: The Fident Capital Podcast

Play Episode Listen Later Jun 1, 2026 66:28


On this episode, Kevin chats with Aleks Gampel, co-founder of Cuby Technologies, a hardware and software company that's built a completely new type of home construction. With 243 people across three continents and a million engineering hours invested, Cuby has developed a mobile micro factory: a containerized, plug-and-play factory in a box that ships to any market and manufactures single-family homes with unskilled labor at roughly $100 a square foot in 30 days.Aleks walks us through how Cuby has built the antithesis to traditional modular construction by localizing manufacturing rather than centralizing it. He gets into why construction is fundamentally a logistics problem, how 168 shipping containers and 600 SKUs come together on a 6.5-acre site, and why the company chose to manufacture its own windows, framing, and sandwich panels rather than relying on third-party suppliers.He also gets into the economics of the mobile micro factory at roughly $25 million all-in, why Cuby targets regional home builders who can't compete with the Lennars and DR Hortons of the world, and how the company bridges two capital worlds. Venture capital funds the platform while infrastructure equity and debt fund each factory as its own SPV.On the business side, Aleks shares why most startups fail on partnership dynamics, what drew him to a problem nobody has cracked, and why solving for housing sits at the base of Maslow's hierarchy. His take on building inside a conservative industry is straightforward: don't try to reinvent the wheel, just figure out how to make it spin faster.

Family Office Podcast:  Private Investor Interviews, Ultra-Wealthy Investment Strategies| Commercial Real Estate Investing, P

Send us Fan MailIn this exclusive investor panel clip, a frontier tech investor breaks down how they invest in some of the world's hottest private companies including SpaceX, OpenAI, Anduril, and why humanoid robotics may become the biggest investment opportunity of the decade.He explains why Elon Musk says humanoid robots could be the biggest product in human history, how investors are using SPVs to access private deals, and why business-to-business robotics may outperform consumer robots first.They also discuss the next bottleneck in AI growth: energy and data centers — and where smart money may flow next.Topics Covered:✅ How investors accessed SpaceX & OpenAI early✅ Why humanoid robotics could explode in value✅ Tesla Optimus vs industrial robotics plays✅ SPV investing explained✅ AI, robotics & manufacturing trends✅ Data centers and energy as the next bottleneck✅ Best frontier tech opportunities for 2026If you invest in AI, venture capital, private equity, robotics, or future tech, this is a must-watch.

Finscale
[PARTENARIAT] #343 - Cyril Cudennec (Banque Postale) - Salle des marchés: quand l'agilité devient un avantage

Finscale

Play Episode Listen Later May 30, 2026 27:48


Dans cet épisode "partenaire", je reçois Cyril Cudennec, responsable des activités de marché de La Banque Postale, pour une discussion autour de la construction d'une salle des marchés orientée clientèle et des angles morts de la gestion des risques de taux et de change en entreprise.Nous avons parlé :De la manière dont les crises de 2008 et 2011 ont formé une génération entière de professionnels des marchés et pourquoi ceux qui n'en ont pas vécu une restent incapables de savoir s'ils savent y répondreDu pivot opéré à la Banque Postale depuis 2018 : transformer une salle des marchés dédiée à la gestion du bilan en une activité tournée aussi vers la clientèle entreprises, PME et ETIDes obstacles internes à franchir pour convaincre qu'une activité de marché clientèle rentre dans un cadre d'appétit au risque classique d'une banqueDes angles morts de couverture des risques : pourquoi même les grands groupes peinent à couvrir l'effet de dépréciation d'une devise sur leur volume d'affaires global, au-delà de leurs flux de trésorerie à 12 moisDu constat sur les petites structures : des trésoriers qui ne distinguent pas encore qu'un taux dépend de sa maturité et ce que cela implique concrètement dans une décision de financementDe la pré-couverture avant closing d'un SPV : pourquoi couvrir le risque de taux dans les 3 à 6 mois qui précèdent le closing peut éviter d'avoir à injecter davantage d'equity dans le projetDu conseil pratique pour tout directeur financier : commencer par cartographier et quantifier ses risques avant d'envisager tout instrument de couverture, en s'inspirant des bonnes pratiques imposées aux banques par la réglementationUne conversation dense et pédagogique sur les marchés financiers vus du côté de ceux qui structurent et couvrent les risques des entreprises, avec un regard sans complaisance sur le niveau réel de culture financière en France.Recommandation de Cyril : Inside Banking, podcast de Richard Michaud https://linktr.ee/richardmichaudLiens utiles:Cyril Cudennec : https://www.linkedin.com/in/cyril-cudennec-375a7722/ http://www.labanquepostale.comFinscale est aussi disponible sur YouTube: https://www.youtube.com/@finscale.***************************Finscale est bien plus qu'un podcast. Cet épisode est produit et animé par Solenne Niedercorn, fondatrice de Finscale.

Acquisitions Anonymous
How Business Brokers Make Money: Spread vs Commission Model Explained

Acquisitions Anonymous

Play Episode Listen Later May 29, 2026 40:54


In this episode the hosts break down a wildly unconventional Shopify-focused business brokerage using a “spread-based” commission model, debating whether it's a scalable innovation or just an overpriced job disguised as a business.Business Listing – https://mailchi.mp/websiteclosers/new-deal-alert-ma-digital-business-brokerage-shopify-ecommerce-store-sales-65-repeat-purchase-rate-100-organic-strong-community-reputation-gmfgmhkz201?e=42dc999128Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Acquisitions Anonymous
How Business Brokers Make Money: Spread vs Commission Model Explained

Acquisitions Anonymous

Play Episode Listen Later May 29, 2026 40:54


In this episode the hosts break down a wildly unconventional Shopify-focused business brokerage using a “spread-based” commission model, debating whether it's a scalable innovation or just an overpriced job disguised as a business.Business Listing – https://mailchi.mp/websiteclosers/new-deal-alert-ma-digital-business-brokerage-shopify-ecommerce-store-sales-65-repeat-purchase-rate-100-organic-strong-community-reputation-gmfgmhkz201?e=42dc999128Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Bitcoin Takeover Podcast
S17 E26: Steve Thurmond, Calin Culianu & The Phenomenal Big Blockers

Bitcoin Takeover Podcast

Play Episode Listen Later May 27, 2026 494:44


Almost 9 years since the big split of the Bitcoin community, it's time to learn more about how the Bitcoin Cash chain developed. Calin Culianu is the creator of Fulcrum, an efficient privacy-preserving SPV client. Steve Thurmond is the most ardent advocate for Cash Stamps: a convenient paper wallet system that's used for gifting. Throughout the episode, more BCH community members will join to have the conversation that you will never hear on any other Bitcoin podcast. Time stamps: 00:01:09 Introducing Calin Culianu & Steve Thurmond 00:02:37 The Evolution of Bitcoin Cash 00:03:59 Who is Behind Bitcoin Cash Now? 00:06:34 Narratives and Misconceptions 00:07:53 Vlad's Perspective on the Fork 00:09:44 Bitcoin's Capture and Speculative Nature 00:11:48 Vlad's Journey with Lightning Network 00:16:07 Blockstream and the "Banker" Conspiracy 00:18:33 The Security Budget Debate 00:22:12 The Problem with IOU Systems like Lightning 00:24:02 Vlad's Disappointment with Onboarding 00:24:58 Ethereum's Rise Amidst Bitcoin's Infighting 00:27:52 The Bankers Won, But Crypto Still Exists 00:32:16 The Future of Bitcoin and Firing Core Devs 00:33:08 The Wall of Consensus in BTC 00:39:19 The Multi-Coin Future 00:42:48 Bitcoin Cash's Development Philosophy 00:49:08 Craig Wright's Controversial Involvement 00:55:16 The Impact of Contentious Forks 00:58:55 The Resilience of Bitcoin Cash 01:02:32 The Value of Open Source Competition 01:08:51 Greg Maxwell's Influence 01:12:00 The Ecash fork 01:25:02 Introducing New BCH Community Members 01:26:38 Building Smart Contracts on Bitcoin Cash 01:34:06 Why UTXO is Better than EVM 01:40:07 Can You Run a BCH Node? 01:41:07 The Flawed "Run a Node" Narrative 01:53:27 The Dangers of RBF and the Importance of 0-Conf 02:05:07 One-Minute Blocks Proposal 02:08:02 Finality and User Experience in Wallets 02:12:13 The "It's Just Money, Bro" Philosophy 02:41:39 What Can You Buy with BCH? 02:48:28 The Permissionless Nature of BCH 02:52:12 The Paradox of Layer Twos 02:57:18 The Stigma of Building on BCH 02:58:21 The Changing Culture of Bitcoin Cash 03:11:35 Ordinals and the "Spam" Debate 03:17:07 Would BCH Still Have a Nice Dev Culture If Michael Saylor Started Buying? 03:28:14 Quantum Computing and Satoshi's Coins 03:42:59 The Tail Emission Debate 03:50:11 The Culture is the Ultimate Defense 03:53:16 The Politicization of Bitcoin Development 03:59:26 Privacy and Fungibility 04:02:21 The Future of Privacy on BCH 04:36:12 Fulcrum: An Electrum Server Implementation 04:38:54 The Litecoin Question 04:49:13 The Difficulty of Recreating Bitcoin's Genesis 04:51:38 The Long-Term Bet on SHA-256 04:54:12 A Break and Introduction to Rosco 05:48:33 CashScript and Smart Contracts on BCH 05:55:22 BCH vs. Ethereum Smart Contracts 06:03:05 The UTXO Stack and Abstraction Layers 06:43:30 The Avalanche Pre-Consensus Question 06:45:51 The "Tax" Fork 07:04:06 The Failed Attack on Bitcoin Cash 07:08:58 The 2018 Inflation Bug Disclosure 07:22:46 The Michael Saylor Phenomenon 07:28:41 The Arrest of Roger Ver 07:39:28 Spending Crypto in the Real World 07:44:22 The End of Crypto-Friendly Spaces in Europe 07:52:05 Prediction Markets and Community Sponsorship 08:08:17 Robin Linus is Jealous of BCH Opcodes 08:09:50 Final Thoughts and Conclusion

Tacos and Tech Podcast
SAFEs, Notes, and SPVs

Tacos and Tech Podcast

Play Episode Listen Later May 26, 2026 51:03


Angel Academy Session 5 brings in Brian Dirkmaat, a startup attorney at Procopio and longtime SDAC sponsor, to walk the room through the legal mechanics of angel investing. Brian covers the full evolution of startup investment instruments - from the original bridge notes of the 1990s to today's post-money SAFEs - and breaks down the real differences between convertible notes, SAFEs, and priced equity rounds. The session goes deep on valuation caps, pro rata rights, the unresolved IRS question around QSBS treatment for SAFEs, and the practical tradeoffs between investing directly into a company versus through an SPV. If you've ever looked at a term sheet and wondered what you were actually signing, this is the session.Key Topics* The evolution from bridge notes to convertible notes to SAFEs* How YC's post-money SAFE works: valuation caps, discounts, and MFN provisions* SAFE vs. convertible note: the unresolved IRS code 1202 (QSBS) question* Priced equity rounds: Series Seed vs. Series A (NVCA docs)* SPVs vs. direct investing: platforms, carry, admin fees, and when each makes sense* The California C Corp trap: unpaid founder wages and W-2 classification* Term sheet fundamentals: liquidation preferences, anti-dilution, board seatsLinks & Resources* San Diego Angel Conference (SDAC)* Procopio* YC SAFE Documents* NVCA Model Legal Documents* Rising Tide PartnersConnect on LinkedIn* Brian Dirkmaat* Neal Bloom This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit risingtidepartners.substack.com/subscribe

Tank Talks
The Rundown 5/25/26: SPACs Are Back: Xanadu, UniUni, and Canada's Capital Gap

Tank Talks

Play Episode Listen Later May 25, 2026 26:56


In this episode of Tank Talks: The Rundown, Matt Cohen and John Ruffolo break down a huge week across Canadian tech, quantum computing, SPACs, AI infrastructure, vertical SaaS, and the reported SpaceX IPO filing. They start with Xanadu's $300 million at-the-market equity facility and what it reveals about the funding challenge facing Canadian quantum companies that need billion-dollar scale capital to compete globally.John argues that Xanadu should use current market hype to fully fund the business now, even if short-term shareholders hate the dilution. From there, Matt and John unpack why quantum remains a long-term binary bet, why SPACs may be coming back for Canadian growth companies like UniUni, and why Clio's jump from $100 million to more than $500 million in ARR proves vertical SaaS is far from dead, especially when the product is mission-critical and deeply embedded.The episode then shifts to OpenAI, Anthropic, and the AI infrastructure boom, with John warning that massive top-line revenue can hide dangerous burn and accounting optics. Matt and John close with a deep debate on the reported SpaceX IPO, Starlink's growth, Starship risk, xAI, and Cursor being folded into the story, SPV cap table chaos, and whether trillion-dollar tech IPOs could pull capital away from the Mag Seven.Listen to this episode for a sharper read on where capital is really flowing across AI, quantum, SaaS, and space. Matt and John cut through the hype to show which tech narratives are built to last, and which ones could crack under pressure.Xanadu's $300M ATM Facility and the Quantum Funding Problem (00:49)Matt opens with Xanadu's $300 million at-the-market equity facility, explaining how the structure gives the company access to capital while raising questions about dilution, public market volatility, and the long-term cost of funding a quantum data center.John Ruffolo's Advice: Fund the Business While the Market Is Hot (02:45)John explains why Xanadu should take advantage of momentum in the public markets and raise as much primary capital as possible, even if short-term shareholders dislike the dilution.Why SPACs Are Coming Back for Canadian Growth Companies (07:17)Matt brings up UniUni's $1 billion SPAC agreement to list on the TSX, and John explains why companies struggling to raise late-stage private capital may see SPACs as their best path to primary money.Could Clio Be Canada's Next Major Tech IPO? (10:56)As Clio's valuation grows, John argues that the universe of private equity buyers gets smaller, making an IPO one of the more realistic paths for investor liquidity.The Accounting Trick John Says AI Investors Need to Watch (12:23)John criticizes the capitalization of compute, infrastructure, sales, marketing, and partnership costs, arguing that burn may be a better proxy for the real economics than adjusted profitability claims.The Reported SpaceX IPO and the $1.75 Trillion Valuation Debate (14:20)Matt introduces the reported SpaceX IPO valuation and breaks down how much of the story depends on Starlink growth, Starship launches, and the company's ability to scale space-based broadband.Why Everything Hinges on Starship (18:51)John explains that Starship is the key dependency behind the SpaceX story, because Starlink's ability to scale depends heavily on launch capacity, satellite economics, and execution.SpaceX vs. Canadian Banks: The Scale Shock (22:37)Matt points out that the reported SpaceX valuation could be roughly twice the combined market cap of Canada's big six banks, underscoring the staggering scale of the next wave of tech IPOs.The Early Investors Who May Win Big (25:26)Matt and John close by highlighting early institutional bets from Washington State University's endowment and Ontario Teachers, showing how patient capital in breakthrough companies can create generational outcomes.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

Unchained
Why Pre-IPO Perps Like SpaceX on Hyperliquid Are Seeing an Upswing

Unchained

Play Episode Listen Later May 24, 2026 33:34


Pre-IPO trading is hot ahead of three big IPOs. Perp volume on Hyperliquid went from $3M to $44M in three months, and SpaceX perps is just the beginning, says Dio Casares of Patagon. ======================================================== Thank you to our sponsor! ⁠⁠⁠⁠Coinbase One⁠⁠⁠⁠: Get 20% off the first year of your Coinbase One annual plan at ⁠⁠⁠⁠coinbase.com/unchained⁠⁠⁠⁠. ======================================================== Pre-IPO perp volume on Hyperliquid grew from $3 million to $44 million in roughly three months. Anthropic and OpenAI voided secondary shares, sending shockwaves through the pre-IPO marketes. Robinhood launched trust-style tokenized offerings into a gray area. And three trillion-dollar IPOs — SpaceX, Anthropic, and OpenAI — are converging in the same window. Dio Casares, founder and CEO of Patagon, a private neobank that has facilitated deals in Anthropic, xAI, Circle, and Kraken, explains the structural difference between derivatives and tokenized spot, why second and third-layer SPV waterfalls are legal hot potato, who actually holds the cleanest title, and where the competition for private market liquidity goes next. Host: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Laura Shin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, Host / Unchained Guests: ⁠Dio Casares - Founder & CEO, Patagon Learn more about your ad choices. Visit megaphone.fm/adchoices

Acquisitions Anonymous
Recruiting Business Valuation: Is 3x SDE a Good Deal?

Acquisitions Anonymous

Play Episode Listen Later May 22, 2026 41:20


In this episode the hosts analyze a niche executive recruiting firm serving the printing, packaging, and paper industries, debating whether its deep relationships and proprietary network create a durable moat—or a dangerous key-man dependency.Business Listing – http://bizbuysell.com/business-opportunity/reputable-high-margin-executive-recruiting-company/2446959/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Acquisitions Anonymous
Recruiting Business Valuation: Is 3x SDE a Good Deal?

Acquisitions Anonymous

Play Episode Listen Later May 22, 2026 41:20


In this episode the hosts analyze a niche executive recruiting firm serving the printing, packaging, and paper industries, debating whether its deep relationships and proprietary network create a durable moat—or a dangerous key-man dependency.Special thanks to Tighe Burke with SRCH for joining us on today's pod! Check out more here: https://www.srchpartners.com/Business Listing – http://bizbuysell.com/business-opportunity/reputable-high-margin-executive-recruiting-company/2446959/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Group Chat
Bezos Wants No Income Tax, Meta Cuts 8K Jobs, IPO Boom | GCP 1006

Group Chat

Play Episode Listen Later May 21, 2026 55:17


Group Chat News is back with the hottest news of the week including: - Meta cuts 8,000 jobs as Zuck pivots the company hard toward AI - Andrej Karpathy joins Anthropic and what it signals about the AI race - SpaceX IPO drops June 12 — and what Peter Thiel walking away with $80B means - Anthropic, OpenAI and the SPV chaos behind the next round of mega rounds - San Francisco's "AI depression" vs LA's quality-of-life money culture - Jeff Bezos on CNBC pushing for no income tax  - America's #1 pizza chain  - Las Vegas struggles for the middle class as $200 all-inclusive packages return - USA vs Paraguay Club World Cup tickets are dropping  -Plus much more!   Drop us a review and a 5-star rating if you're rocking with the show.    

Smart Money Circle
This ~$1B Multi-Family Office Is Big In Crypto – Meet Jake Claver Chairman Digital Ascension Group

Smart Money Circle

Play Episode Listen Later May 21, 2026 32:38


This Multi-Family Office Manages ~$1B Mainly in Crypto – Meet Jake Claver Chairman Digital Ascension GroupJake Claver, CEO, Digital Ascension GroupWebsite: www.digitalfamilyoffice.ioAUM = $1 Billion Jake's Bio:Jake Claver is CEO and Principal of Digital Ascension Group, founder of Digital Wealth Partners, a digital-asset-focused RIA, and leader of Syndicately, an SPV platform for sophisticated investors. A recognized expert in blockchain and Web3 adoption, he advises family offices and high-net-worth clients through a multi-family office model that integrates planning, governance and next-generation investment strategies. Jake is a frequent industry speaker, has been featured in Bloomberg and MarketWatch, and is co-author of the bestselling book Wealth in Numbers. His focus is helping investors build durable, multi-generational wealth in the digital economy.Awards & Recognition:• Member of the Forbes Finance Council• Speaker at the Digital Fusion Summit 2025

Group Chat
AP Swatch, Trump in China & Space X IPO | GCP 1005

Group Chat

Play Episode Listen Later May 18, 2026 63:33


Group Chat News is back with the hottest news of the week including: - Anand returns after 6 weeks dealing with two serious infections - The AP Swatch collab and what it means for luxury strategy - G-Wagens taking over LA - Laurel Supply, Bristol Farms, and the elevated grocery wave - How clipping democratized brainwashing - Trump's historic trip to China with America's biggest CEOs - SpaceX IPO and the SPV chaos coming - The South Bay tax revenue California lost - Berkshire switch up - Is insider trading how the wealthy actually operate - Pokemon lines wrapping around Gelson's

Web3 with Sam Kamani
384: Tokenizing $24B in Real Estate: How SteelWave Is Opening Private Markets to Global Investors

Web3 with Sam Kamani

Play Episode Listen Later May 15, 2026 24:42


I sat down with Mitch from Steelwave at BTC Vegas to explore how one of the West Coast's most established real estate developers is bringing institutional-grade assets onto the blockchain. Steelwave has done over $24 billion in acquisitions, building campus-style properties for tenants like Google and Anduril — and now Mitch is on a mission to give international family offices and eventually everyday investors access to deals they were previously locked out of. We talk about the tokenization roadmap, why power is the single most valuable commodity in real estate right now, how AI companies are driving 20 million square feet of lease demand in Silicon Valley, and why the next generation SPV could be a global syndicate of investors from China, Africa, and Australia all coming together on a single deal. This one gets into the real mechanics of how private real estate becomes liquid — and why the window to act is right now. Connect with Steelwavehttps://www.steelwavellc.com/token-labKey Points with Timestamps• [00:00] Mitch teases the core thesis: 20 million sq ft of AI-driven lease demand and tokenization as a liquidity layer for family offices• [00:41] Sam introduces himself — 5 years podcasting, 400+ founders interviewed, occasional angel investor• [01:22] Mitch's origin story: found a crypto volatility hedge fund, spotted a gap for institutional-grade real estate on-chain, joined his father's firm Steelwave• [02:24] What Steelwave does: campus-style premium real estate for tenants like Google and Anduril, formerly known as Legacy Partners• [03:22] The Westfield San Francisco moment — why real estate values crashed post-COVID and why that's now the best buying opportunity in a generation• [04:39] Sam's perspective on the global demand for US-based assets and why real estate remains far harder to access than equities for international investors• [06:03] The Anduril deal: Steelwave bought the LA Times printing facility in Orange County and it became Palmer Luckey's Anduril headquarters• [07:40] Plans to fractionalize: starting at $50M minimums with family offices, then introducing token liquidity in 12–18 months for secondary market access• [08:54] The next-gen SPV model — syndicating global investors from China, Africa, and Australia into a single deal• [12:26] Where tokenized assets will trade: likely international exchanges first before entering the US market• [13:30] The hardest part of the business: connecting next-gen crypto capital to old-school real estate financial structures• [14:43] Expanding beyond real estate — sports teams, esports, TV shows, athletes, and cricket teams in India as the next tokenization frontier• [17:14] Why BTC Vegas matters: Bitcoin capital is maturing and looking for scalable institutional assets to deploy into• [18:18] Mitch's asks: capital partners, team members who understand the space, and the right regulatory framework• [19:23] How Mitch pitches family offices: lead with the real estate, sell the tokenization as a liquidity unlock that cuts lock-up from 8–10 years down to 2–4• [20:04] How Steelwave builds trust: $24B in acquisitions, zero bad assets, deep broker relationships across West Coast markets• [21:17] 2026 real estate outlook: 20 million sq ft of AI-driven demand in Silicon Valley, tech giants scaling infrastructure, 12–24 months to buy before institutions pile back in• [23:17] Power is king: if a site has power capacity, it gets a tenant immediately regardless of what's built on itDisclaimerNothing mentioned in this podcast is investment advice and please do your own research. It would mean a lot if you can leave a review of this podcast on Apple Podcasts or Spotify and share this podcast with a friend. Be a guest on the podcast or contact us - https://www.web3pod.xyz/

This Week in Startups
How Many Startups Will Survive OpenAI? | E2288

This Week in Startups

Play Episode Listen Later May 13, 2026 85:16


This Week In Startups is made possible by:Pilot -⁠ https://Pilot.com/TWIST⁠Grasshopper Bank -⁠ https://Grasshopper.bank/TWIST⁠Quo -⁠ https://Quo.com/TWiST⁠Plaud - ⁠https://Plaud.ai/twist⁠Anthropic just declared every unauthorized secondary sale of its stock "void" — naming Hiive, Forge, Sydecar, Upmarket, and others in a public hit list. Jason and Alex sit down with Jenny Fielding (Everywhere Ventures), Dave McClure (Practical VC), and Sam Lessin (Slow Ventures) to unpack what the AI lab's move to limit secondary trades means for SPV operators, brokers, and the founders trying to keep control of their cap tables. Plus: a real story of a founder who returned a $15M Series A six months after closing because Claude was going to eat his startup, SaaS moats, and just what does it mean to be rich?Timestamps:0:00 Guest introductions0:48 Anthropic voids unauthorized SPV trades8:41 Accredited investor reform & the SEC sophisticated investor test8:58 Quo (formerly OpenPhone) - Quo gives you a clean, modern way to handle every customer call, text, and thread all in one place. Try it free at https://quo.com/TWiST11:43 Naval's USVC closed-end fund as a workaround16:41 Plaud: If your work depends on conversations — interviews, meetings, calls — you need a Plaud NotePin. You can check it out at https://Plaud.ai/twist and use code TWIST for 10% off!17:48 Pro-rata rights battles: when Series A investors push seed investors out19:36 Grasshopper Bank: Time is money. Don't waste either. Go to https://grasshopper.bank/twist and get an exclusive $500 cash bonus just for opening an account.29:13 Pilot: Focus on your product, let Pilot handle your bookkeeping. Pilot provides the most reliable accounting, CFO, and tax services for startups and small businesses. Head to https://pilot.com/twist and get $1,200 off your first year.30:23 Storing wealth in stories vs. cash flows34:19 Cerebras and Fervo Energy IPOs — meaningful liquidity?37:54 Will SpaceX, Anthropic, OpenAI IPOs redistribute capital or compound it?45:58 The $15M Series A founder who returned the money because of Claude50:01 Should founders pivot or return capital when the world changes?56:43 OpenAI's $6.6B tender and Shruti Gandhi's viral SF cost-of-living tweet1:00:25 Intercom rebrands to Fin: the AI-first late-stage pivotSubscribe to the TWiST500 newsletter:⁠ https://ticker.thisweekinstartups.com⁠Check out the TWIST500:⁠ https://www.twist500.com⁠Subscribe to This Week in Startups on Apple:⁠ https://rb.gy/v19fcp⁠Follow Lon:X:⁠ https://x.com/lons⁠Follow Alex:X:⁠ https://x.com/alex⁠LinkedIn:⁠ ⁠https://www.linkedin.com/in/alexwilhelm⁠Follow Jason:X:⁠ https://twitter.com/Jason⁠LinkedIn:⁠ https://www.linkedin.com/in/jasoncalacanis⁠Check out all our partner offers:⁠ https://partners.launch.co/⁠Great TWIST interviews:⁠ Will Guidara,⁠⁠ Eoghan McCabe⁠,⁠ Steve Huffman⁠,⁠ Brian Chesky⁠,⁠ Bob Moesta,⁠⁠ Aaron Levie⁠,⁠ Sophia Amoruso⁠,⁠ Reid Hoffman⁠,⁠ Frank Slootman⁠,⁠ Billy McFarland⁠Check out Jason's suite of newsletters:⁠ https://substack.com/@calacanis⁠Follow TWiST:Twitter:⁠ https://twitter.com/TWiStartups⁠YouTube:⁠ https://www.youtube.com/thisweekin⁠Instagram:⁠ https://www.instagram.com/thisweekinstartups⁠TikTok:⁠ https://www.tiktok.com/@thisweekinstartups⁠Substack:⁠ https://twistartups.substack.com⁠

Acquisitions Anonymous
The $1.3M Drive-In That Could Make You the Most Popular Person in Town

Acquisitions Anonymous

Play Episode Listen Later May 12, 2026 37:41


In this episode the hosts evaluate a 75-year-old drive-in restaurant in rural North Carolina generating $370K in cash flow, debating whether the steady profits and real estate make it a great lifestyle business—or a job you can never truly escape.Business Listing – https://www.bizbuysell.com/business-opportunity/own-the-legendary-city-drive-in-the-front-porch-of-spruce-pine-nc/2489437/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Acquisitions Anonymous
The $1.3M Drive-In That Could Make You the Most Popular Person in Town

Acquisitions Anonymous

Play Episode Listen Later May 12, 2026 37:41


In this episode the hosts evaluate a 75-year-old drive-in restaurant in rural North Carolina generating $370K in cash flow, debating whether the steady profits and real estate make it a great lifestyle business—or a job you can never truly escape.Business Listing – https://www.bizbuysell.com/business-opportunity/own-the-legendary-city-drive-in-the-front-porch-of-spruce-pine-nc/2489437/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9VrSubscribe for more episodes: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1Subscribe to our Newsletter: https://www.acquanon.com/newsletter

Acquisitions Anonymous
$11M Trailer Dealership: Great Business or Sketchy Add-Backs?

Acquisitions Anonymous

Play Episode Listen Later May 5, 2026 32:10


In this episode the hosts dissect a Midwest trailer dealership priced at $5–7M and uncover a financial cliffhanger—questionable add-backs and heavy inventory requirements that may be masking weak true profitability.Business Listing – https://mail.mixmax.com/m/R8B9vgpovo59ao3bCWelcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.Looking to build a professional website in minutes? Try Wix: https://wix.pxf.io/c/6898629/3115214/25616?trafcat=templateHubSpot is the backbone for how businesses scale without chaos. Try them out here: https://go.try-hubspot.com/OeG9Vr

The Inspire Podcast
S8 E4: Embrace the Power of a Growth Mindset with Breann Kelly

The Inspire Podcast

Play Episode Listen Later May 5, 2026 38:15


In this episode of The Inspire Podcast, Bart Egnal speaks with Breann Kelly, Chief Operating Officer and General Counsel at Ewing Morris, about why a growth mindset is more important than ever. Breann reflects on her career journey and the choices that shaped it, sharing how a consistent focus on learning and curiosity guided her path from law into the world of investment management. She discusses what it takes to navigate uncertainty, build confidence in new environments, and lead through moments of real pressure, including guiding the firm through the COVID era and helping evolve the business along the way. A clear through line in the conversation is the power of a growth mindset. Breann shares how a willingness to step into new spaces and learn along the way has shaped her career, and why that mindset continues to matter in a world defined by AI and constant change. Her insights offer a clear lens on how to keep progressing, even when the path ahead is uncertain. 00:23 Standard show intro 01:00 Introducing Breann 01:37 What is Ewing Morris? 02:23 Bart's disclaimer: I am a client and investor 03:13 Bart introduces the concept of “embracing the growth mindset” 03:47 How it all began for Breann 04:28 Specializing in the asset management space 05:08 BlackRock gig 05:46 Why did you leave the predictable legal profession path? 06:51 Legal profession — live to work rather than work to live 09:10 Moving from BlackRock to Ewing Morris 09:34 Natural ceiling at BlackRock Canada 13:24 Bart observes her ambition for advancement 13:51 What questions should people be asking of their current career path? 14:01 Through-line: passion for learning and growing 14:36 Challenge yourself: if you're not challenging yourself, you're not growing 15:45 The culture shock moving to EM 16:12 New mom + new job 17:21 Imposter syndrome challenge 17:42 You can't learn everyone's jobs inside out as a manager 18:58 From big support team to team of one 19:04 The buck really stopped with me 19:26 The more you seek reassurance, the more it erodes confidence 21:05 Staying relevant in the age of AI? 21:51 Leading through the COVID era 23:58 The business impact of COVID on the markets 27:34 Fixed vs. growth mindset 28:07 The genesis of the SPV business 28:30 SPVs explained 31:21 Pivoting to wealth management 33:01 Aventine 34:18 Bart observes growth mindset at EM 35:04 Pale, male, and stale 35:41 How to have a growth mindset in turbulent/changing times 35:51 Advice: challenge yourself to always do hard things 36:03 Fostering a growth mindset with her kids 36:27 Always find something hard to do!

Passive Investing from Left Field
How to Get Better Deal Terms with SPVs | AAA Storage

Passive Investing from Left Field

Play Episode Listen Later Apr 21, 2026 69:06


PassivePockets members have asked for two things over and over: better terms and access to more deal options without writing huge checks. In this special webinar, Chris Lopez breaks down how “community capital” can do exactly that—by pooling investor commitments into an SPV (Special Purpose Vehicle) to unlock lower minimums, stronger economics, and cleaner access to sponsor funds. Chris is joined by Travis Smith (Founder & CEO of TribeVest) and Paul Bennett (President of AAA Storage). Travis explains what SPVs are, how Open Tribes work, and why modern tech has dramatically reduced the cost and complexity of running these structures compared to the “old school” SPV process. Then Paul walks through a real-world example: a PassivePockets Open Tribe built around AAA Storage Growth Fund II, complete with improved fee and waterfall terms for the community, plus a lower minimum that makes the fund accessible to more accredited investors. You'll also get a practical, investor-focused overview of AAA's strategy: a ground-up development portfolio spanning self-storage and small-bay industrial across four growth markets (Austin, Houston, San Antonio, and Charlotte), why Paul believes self-storage is bottoming and setting up for a supply/demand tailwind into 2027–2031, and how AAA structures its fund to avoid land entitlement risk and eliminate additional capital calls. Disclaimer The content of this podcast is for informational purposes only. All host and participant opinions are their own. Investment in any asset, real estate included, involves risk, so use your best judgment and consult with qualified advisors before investing. You should only risk capital you can afford to lose. Past performance is not indicative of future results. This podcast may contain paid advertisements or other promotional materials for real estate investment advisers, investment funds, and investment opportunities, which should not be interpreted as a recommendation, endorsement, or testimonial by PassivePockets, LLC or any of its affiliates. Viewers must conduct their own due diligence and consider their own financial situations before engaging with any advertised offerings, products, or services. PassivePockets, LLC disclaims all liability for direct, indirect, consequential, or other damages arising out of reliance on information and advertisements presented in this podcast.

Tacos and Tech Podcast
A portfolio approach to angel investing

Tacos and Tech Podcast

Play Episode Listen Later Apr 21, 2026 41:22


The 2026 San Diego Angel Conference (SDAC) kicks off with Angel Academy Session 1, hosted at SDSU's ZIP Launchpad. Neal Bloom walks a room of aspiring and returning angel investors through the fundamentals — what angel investing actually looks like, how the SDAC's group diligence process works, and why a portfolio approach matters more than picking one winner. With 135 startup applications on the table and a Decision Day set for May 29, the session lays out the full arc from learning to deploying capital.Key Topics* What angel investing is and why it's a learned muscle* The SDAC's group diligence model: applications to investment* Portfolio approach: deploying into 3–5 companies* Why in-person founder pitches change the calculus* The "Super Bowl" — May 29 Decision Day and what it means* Fund structure: $200K–$2M raise range, SPV side vehicles* Last year's fund: $440K deployed into three companiesLinks & Resources* San Diego Angel Conference (SDAC): https://sdangel.com* SDSU ZIP Launchpad: https://ziplaunchpad.sdsu.edu* Rising Tide Partners: https://risingtidepartners.co This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit risingtidepartners.substack.com/subscribe

Undiscovered Entrepreneur ..Start-up, online business, podcast
The Death of the VC Monopoly: 3 Ways to Fund Your Startup Without Sand Hill Road

Undiscovered Entrepreneur ..Start-up, online business, podcast

Play Episode Listen Later Apr 21, 2026 25:32 Transcription Available


Did you like the episode? Send me a text and let me know!! The Death of the VC Monopoly: 3 Ways to Fund Your Startup Without Sand Hill RoadIn this high-stakes episode of Business Conversations with Pi, we deconstruct the massive psychological and structural shift happening in 2026: the move from traditional Venture Capital to Community Rounds.Is a $2.5 million seed check a lifeline or a "rocket fuel" trap? Pi and Piet break down why the most successful modern founders are choosing to "fly a sturdy Cessna" instead of risking disintegration under the pressure of punitive VC math.Key Insights:The VC Trap: Why liquidation preferences can leave founders with nothing after a $5M exit.The Gumroad Playbook: How Sahil Lavingia bought back his freedom and company.Weaponizing Your Cap Table: Turning users into a viral marketing engine through equity.Chapter Markers:00:00 – The $2.5M Seed Round Rejection 02:00 – The "Rocket Fuel" Trap: Why VC Math is Changing03:52 – Liquidation Preferences & "Invisible Strings"06:10 – Case Study: Sahil Lavingia & the Gumroad Buyback 08:45 – The Rise of Community Rounds & Reg CF11:50 – Logistics: How SPVs Protect Your Cap Table14:15 – The 2026 Hybrid Capital Playbook18:30 – The Ultimate Finish Line: Exit to Community (E2C)20:45 – Getting Across the Start LineWhat is a Community Round? A community round allows startups to raise capital directly from their fans and users (often via platforms like Wefunder). In 2026, this is a preferred alternative to VC because it aligns incentives and builds a "moat" of brand ambassadors.How does an SPV work for crowdfunding? A Special Purpose Vehicle (SPV) pools thousands of retail investors into a single line item on your cap table. This keeps governance clean and signatures simple, allowing founders to maintain oDo you want to know what is your worst Hurdle is so you know what you want to do first to get across the start line?? Go to tuepodcast.net/quiz to get your 3 minute assessment right now and find out what your most prevalent hurdle is and how to start to overcome it!tuepodcast.net/quiz For a 15% discount on your first purchase go RYZEsuoerfoods.com use code PODNA15 Thank you for being a Skoobeliever!! If you have questions about the show or you want to be a guest please contact me at one of these social mediasTwitter......... ..@djskoob2021 Facebook.........Facebook.com/skoobamiInstagram.....  instagram.com/uepodcast2021tiktok....... @djskoob2021Email............... Uepodcast2021@gmail.comSkoob at Gettin' Basted Facebook PageAcross The Start Line Facebook CommunityFind out what one of the four hurdles of stop is affecting you the most!!Black Friday coaching Sale now!! 65% off original price! go to stan.store/skoob to book your appointment and take advantage of this limited time offer! On Twitter @doittodaycoachdoingittodaycoaching@gmailcom

Dream Keepers Radio
From Beneficiary To Builder: Trust Law, Private Life, And Escaping The Public Trap

Dream Keepers Radio

Play Episode Listen Later Mar 20, 2026 34:21 Transcription Available


Send us fan responses! Ever feel like the rules are written to keep you asking for permission? We trace that feeling back to a single pivot: operating as a beneficiary in the public system versus stepping up as a trustee in the private. Using plain language and real examples, we unpack how Social Security functions like a trust relationship where the government holds legal title and you carry the bills, fees, and probate risk as the equitable title holder. Then we show how to flip the script with a layered structure that returns control to your family.We walk through the ten rules of commerce, starting with the big one: you can only control what you create. That's why registration trades real title for convenience, and why trying to “privatize” public identifiers fails. Instead, we outline a practical path forward—form an entity for your name, add a holding company in a strong protection state, and elevate both into a private trust or ministry trust. Cap the stack with a non‑grantor, irrevocable, discretionary spendthrift trust to separate liability, bypass probate, and keep governance in your hands. Along the way, we clarify public vs private sectors, equitable vs legal title, and the quiet power of contracts, bylaws, and trust indentures as your personal constitution.We also get tactical with taxes, cash flow, and credit. If you earn W‑2 income, move funds into entities where expenses become reimbursements and deductions, aiming for deductibles not bills. Tap lawful credits tied to education, communications, and operations. Build business credit and use SPV thinking to isolate risk. Finally, we spotlight foundations as tools for education, health, and legacy—because great families document their mission and fund it on purpose.Ready to stop begging for benefits and start writing your own rules? Listen now, then subscribe, leave a review, and share this episode with someone who needs a trustee mindset today. For consultations or training, text or call 702-200-4900 and keep an eye on our Memorial Day weekend session in Las Vegas.https://donkilam.com FOLLOW THE YELLOW BRICK ROAD - DON KILAMGO GET HIS BOOK ON AMAZON NOW! https://open.spotify.com/track/5QOUWyNahqcWvQ4WQAvwjj?autoplay=trueSupport the showhttps://donkilam.com

Best Real Estate Investing Advice Ever
JF 4191: Scaling Capital Aggregation, Launching Trident and Fund to Funds Growth ft. Brittany Barchalk

Best Real Estate Investing Advice Ever

Play Episode Listen Later Feb 24, 2026 22:17


Seth Bradley interviews Brittany Barchalk, Vice President of Operations at TribeVest, live from the Best Ever Conference 10 in Salt Lake City. They discuss how the fund-to-funds model has evolved from a niche concept requiring heavy education to a more widely understood and increasingly adopted capital-raising strategy. Brittany shares how market shifts and heightened compliance awareness have driven demand for infrastructure, professionalism, and scalable systems. The conversation also highlights the launch of Trident, TribeVest's new end-to-end platform designed to streamline SPV formation, investor onboarding, compliance, and distributions, making it easier for capital aggregators and lead sponsors to build sustainable businesses. Brittany BarchalkCurrent role: Vice President of Operations, TribeVestBased in: Columbus, OhioSay hi to them at: https://www.tribevest.com/ | https://www.linkedin.com/in/brittanybarchalk/ Book your free demo today at bill.com/bestever and get a $100 Amazon gift card. Visit ⁠www.tribevestisc.com⁠ for more info. Try QUO for free PLUS get 20% off your first 6 months when you go to quo.com/BESTEVER  Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at⁠ ⁠⁠⁠www.bestevercommunity.com⁠⁠ Podcast production done by⁠ ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices