Will we attain AGI earlier than Stripe goes public?

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Howdy, and welcome to Equity, a podcast in regards to the enterprise of startups, the place we unpack the numbers and nuance behind the headlines. That is our Friday episode, after we dig again via essentially the most crucial tales and themes from the week.

Right here’s what Mary Ann and Alex acquired into:

• Stripe’s valuation recovers: As a part of a young provide, Stripe is now price $65 billion. The corporate’s valuation has been on an up-and-down path in recent times as the corporate works to make its large bulk match into the non-public markets. Alex has ideas on when it ought to go public, as you may think.
• Fervo Vitality’s $200M+ spherical: What if the answer to our vitality issues was not within the stars, however beneath our toes? And no, I’m not speaking about carbon-based fuels. No, as a substitute, what if geothermal vitality is what we’ve been ready for? Fervo needs to make that query right into a actuality.
• Why VCs are investing in corporations that shut down corporations: With extra startups than normal heading for closure, there’s a mountain of labor forward for founders and backers to shutter corporations. Now some angels and different buyers are placing their very own capital into a number of corporations specializing in serving to different corporations shut. Grim, however needed.
• AI and the legislation: Microsoft’s transfer to put money into French AI firm Mistral will not be a foul method to unfold its bets. Or to potentially fend of regulatory scrutiny that is building. AI basically is having a little bit of a time checking out rights — or lack thereof — that some coaching knowledge might retain.

Arising this weekend we’ve an interview with Nubank’s CEO, and we’ve one other nice interview deliberate for the weekend after! Chat quickly!