
Tig
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Nick and Pio break down a once-in-a-generation IPO wave: OpenAI, Anthropic, and SpaceX. "They are being forced to IPO as fast as possible, and it's a race to see who can get there quicker because there's not enough capital available to fund their growth, and there may not be enough capital literally in the markets to support their entry into this space." - Nick "This is probably a once-in-a-generation, if not more than one generation, event of three trillion-dollar companies IPOing suddenly at the same time. Super huge names. This never happens." - Pio
Tig143,227 Aufrufe • vor 16 Tagen

Kevin O’Leary’s $12.9M collectibles bet nearly doubled in under a year. "The CEO of Fanatics said to me, 'Have you ever thought about investing in collectible sports cards?' I said, 'No, they're a piece of cardboard. Why would I do that?' He said, 'You really should start thinking about it as contemporary or modern art, and it's going to have the same capital appreciation as a Warhol or Picasso.'" "I started my journey with a syndicate of other investors last August, where we paid $12.93 million for a Kobe Jordan auto logoman. We just got offered $21 million for it. It hasn't even been a year."
Tig119,474 Aufrufe • vor 18 Tagen

Luca says the team is at least 18 months away from an IPO. "I don't think it's in a year's time. I think the soonest we could do it is in 18 months. I wanted to close this fiscal year and be on track for the revenue milestones that we want to hit." "I want to do $100 million in revenue, but the year started out a little shaky. We did 51 last year. So far, being candid, that doesn't look like I'm going to pull off some big quarter four things."
Tig56,412 Aufrufe • vor 1 Monat
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