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Hello. Welcome to Equity, the startup business podcast. Uncover the numbers and nuances behind the headlines. This is a Friday episode that delves into the week's most important stories and themes.
Here's what Mary Ann and Alex thought:
- Stripe's reputation will recover. As part of the tender offer, Stripe is now valued at $65 billion. The company's valuation has waxed and waned in recent years as the company works to adapt large companies to private markets. As you can imagine, Alex has ideas about when to publish.
- Fervo Energy’s $200+ million round: What if the solutions to our energy problems were not in the starry skies, but at our feet? No, I'm not talking about carbon-based fuels. No, instead, what if geothermal energy was what we've all been waiting for? Fervo wants to make that question a reality.
- Why venture capitalists invest in companies that close: With more startups than usual heading toward closure, there's a lot of work ahead for founders and their backers to shut down their companies. Some angels and other investors are now putting their own money into several companies that specialize in helping other companies close. It's tough, but necessary.
- AI and law: Microsoft's move to invest in French AI company Mistral isn't a bad way to widen its bets. Or to potentially avoid increased regulatory scrutiny. AI has generally been a little slow to sort out the rights, or lack thereof, that some training data has.
An interview with Nubank's CEO is scheduled for this weekend. another Great interviews scheduled for later weekends! Chat now!
For episode transcripts and more, visit Equity's Simplecast website.
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