First, Jason covers Sequoia’s VC-redefining transition to an evergreen fund (1:54). He continues Q3 earnings coverage with Robinhood (13:38) and Twitter (21:10). Then, Ryan Breslow from Bolt joins to discuss transitioning to a 4-day work week, open-sourcing their company handbook and running a startup effectively (28:07).
In the news segment, Jason reacts to the Tether CTO & General Counsel’s interview on CNBC (2:22) and digs in to Netflix’s latest earnings report (37:35).
Then, Vincent founder Slava Rubin joins to discuss all things alternative assets (44:26), his work founding Indiegogo, Launch’s investment, trading cards (1:17:19) & more.
Robinhood is going public! Jason breaks down their recently filed S-1 and covers the most important metrics (1:56), comparisons against other major brokerages (8:45) and more!
Emergency pod! Bitcoin sees a major correction due to China’s crack down (1:46). What are the chances it could it go to zero, and could China banning crypto be a blessing in disguise? Robinhood is rumored to be going public next month (14:14), what will their market cap be at IPO? Plus Squarespace goes public via direct listing (26:10)!
Crossover technology investor Brad Gerstner discussed Altimeter Capital taking Grab public in the largest SPAC ever (38:55), why the IPO process is broken and how to fix it (12:55), and the responsibility of people with platforms to encourage responsible retail investing (22:12). As well as, how $2000 for every American invested in the public markets at birth would display the power of capitalism to improve lives (50:50) and more!
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0:00 Jason intros today’s Epod: SPAC Overload!
1:29 OurCrowd – Sign up for a free account at https://www.ourcrowd.com/twist
2:55 Current state of SPACs – how did we get here & how do SPACs work?
9:12 Comparing SPACs, IPOs & Direct Listings
13:19 SPAC renaissance starting in 2020, comparison vs. S&P 500, understanding the recent pullback
16:59 Top SPACS by market cap, revenue, speculation & top active & upcoming SPACs
26:22 Wrap up!
Blogger, businesswoman, angel investor and Gotham Gal Joanne Wilson joins Angel to catch up with Jason. They discuss portfolio management in a peak market, spotting a bubble, funding underestimated founders and more! Check out the full pod notes here: https://rb.gy/dnh55t