It was inevitable. After watching how AI tackled tasks that once seemed reserved for brilliant humans, Instacart co-founder Apoorva Mehta decided to take things a step further.
Picture this: SpaceX goes public this summer in the biggest IPO in history. It prices at a monster valuation of $1.5 trillion and opens for trading on the Nasdaq.
Lately, it seems like all the headlines are about the “private markets” — Private startups like SpaceX and Anthropic are about to IPO! Oh no – private credit is having a meltdown!
Three years ago, a tiny private startup raised its first big round of funding. Fast-forward to today, and its early investors are already sitting on gains of 95x.
A decade ago, if you wanted to invest in world-changing private companies, you had one option: Wait. Specifically, you had to wait for a private company to go public in an IPO.
Tomorrow, something interesting (and potentially dangerous) is expected to hit the market: Robinhood’s new venture fund is slated to start trading. If history is any guide, the hype will be intense.