Will we reach AGI before Stripe goes public?

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Hey, and welcome to Equity, a podcast concerning the enterprise of startups, the place we unpack the numbers and nuance behind the headlines. That is our Friday episode, once we dig again by probably the most essential tales and themes from the week.

Right here’s what Mary Ann and Alex received 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 lately as the corporate works to make its huge bulk match into the non-public markets. Alex has ideas on when it ought to go public, as you may think.
• Fervo Power’s $200M+ spherical: What if the answer to our power issues was not within the stars, however beneath our ft? And no, I’m not speaking about carbon-based fuels. No, as a substitute, what if geothermal power 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 traders are placing their very own capital into a number of corporations focusing on serving to different corporations shut. Grim, however crucial.
• AI and the regulation: Microsoft’s transfer to spend money on French AI firm Mistral will not be a foul strategy 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 information might retain.

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