Will we attain AGI earlier than Stripe goes public?

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Hi there, 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, once we dig again by means of probably the most important tales and themes from the week.

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

• Stripe’s valuation recovers: As a part of a young provide, Stripe is now value $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 personal markets. Alex has ideas on when it ought to go public, as you may think.
• Fervo Energy’s $200M+ round: 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 desires to make that query right into a actuality.
• Why VCs are investing in companies that shut down companies: With extra startups than normal heading for closure, there’s a mountain of labor forward for founders and backers to shutter firms. Now some angels and different buyers are placing their very own capital into a number of firms specializing in serving to different corporations shut. Grim, however mandatory.
• AI and the legislation: Microsoft’s transfer to invest in French AI company Mistral is just not a nasty approach to unfold its bets. Or to potentially fend of regulatory scrutiny that is building. AI normally is having a little bit of a time sorting out rights — or lack thereof — that some coaching knowledge could 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!