This Week in Pre-IPO Stocks
This Week in Pre-IPO Stocks reports on pre-IPO stock research, trends, trading, and venture capital funds. Visit www.agdillon.com for more.
- Update frequency
- every 3 days
- Average duration
- 20 minutes
- Episodes
- 223
- Years Active
- 2022 - 2025
E226: Revolut $75b valuation after 72% yoy revenue growth, 35 million customers; AI App investment cases - Sierra AI Agents and OpenEvidence
00:00 - Intro
00:11 - Revolut $75b valuation after 72% yoy revenue growth, 35 million customers
11:09 - AI App investment cases; Sierra AI Agents and OpenEvidence
Nick Fusco = CEO at PM In…
E225: Anthropic secures $183B valuation funding milestone; Revolut achieves $75B valuation share sale; OpenAI expands tender from $6B to $10.3B; OpenAI completes $1.1B Statsig acquisition; OpenAI launches proprietary AI chip development initiative; Lambda
00:00 - Intro
00:54 - Anthropic Secures $183B Valuation Funding Milestone
01:32 - Revolut Achieves $75B Valuation Share Sale
02:10 - OpenAI Expands Tender from $6B to $10.3B
03:07 - OpenAI …
E224: ByteDance buyback at $330B, more revenue vs Meta; Klarna IPO back on; Framer $2B valuation Series D; Rain raises $58M for stablecoin payments platform; Commonwealth $863M for fusion prototype; SpaceX 10th Starship test a huge win; Anthropic launches
00:00 - Intro
00:52 - ByteDance Buyback at $330B, More Revenue vs Meta
02:17 - Klarna IPO Back On
03:28 - Framer $2B Valuation Series D
04:21 - Rain Raises $58M for Stablecoin Payments Plat…
E223: Databricks targets $100b in new round; Canva launches tender at $42b valuation; Eight Sleep raises $100m at $1.5b
00:00 - Databricks Targets $100b in New Round
08:42 - Canva Launches Tender at $42b Valuation
15:27 - Eight Sleep Raises $100m at $1.5b
Nick Fusco = CEO at PM Insights, a pre-IPO secondary…
E222: Databricks targets $100b in new round; Canva launches tender at $42b valuation; Crusoe eyes $1b raise at $10b valuation; Anthropic doubles raise to $10b at $170b; Eight Sleep raises $100m at $1.5b; Manus hits $90m ARR in 6 Months; Anduril sponsors O
00:00 - Intro
00:54 - Databricks Targets $100b in New Round
01:53 - Canva Launches Tender at $42b Valuation
02:49 - Crusoe Eyes $1b Raise at $10b Valuation
03:27 - Anthropic Doubles Raise t…
E221: OpenAI $500b tender valuation; Cohere raises at $6b valuation; n8n raises at $2.3b pre-money
00:00 – OpenAI Tender Eyes $500b Valuation
06:32 – Cohere Raises at $6b Valuation
12:11 – n8n Raises at $2.3b Pre-Money
Nick Fusco = CEO at PM Insights, a pre-IPO secondary market pricing…
E220: OpenAI tender eyes $500b valuation; OpenAI offers govt ChatGPT for $1; OpenAI releases open-weight models; OpenAI launches GPT-5 model; Bullish targets $4.23b IPO valuation; n8n raises at $2.3b pre-money; Figure Technology files $3.3b IPO; Clay rais
00:00 - Intro
00:54 - OpenAI Tender Eyes $500b Valuation
01:38 - OpenAI Offers Govt ChatGPT for $1
02:14 - OpenAI Releases Open-Weight Models
02:57 - OpenAI Launches GPT-5 Model
03:33 - Bull…
E219: Groq valuation projection; OpenAI $12b ARR; Lovable 100x revenue growth in 8 months
E218: Figma surges 250% on NYSE debut to $56b; Anthropic triples valuation to $170b in new round; Ramp jumps 40% to $22.5b in 45 days; iCapital raises $820m to $7.5b valuation; BitGo files IPO at $3.43b secondary valuation; Substack boosts 70% to $1.1b on
00:00 - Intro
00:52 - Figma Surges 250% on NYSE Debut to $56b
02:10 - Anthropic Triples Valuation to $170b in New Round
03:01 - Ramp Jumps 40% to $22.5b in 45 Days
04:23 - iCapital Raises $…
E217: Anthropic $150b valuation (now $170b!!!); xAI + Valor for GPUs; Figma IPO valuation set at $15-$16b
CHAPTERS
00:00 – Anthropic $150b valuation (now $170b!!!)
15:13 – xAI + Valor for GPUs
29:55 – Figma IPO valuation set at $15-$16b
PARTICIPANTS
Nick Fusco = CEO at PM Insights, a pre-IPO sec…
E216: Anthropic targets $100B valuation; Anthropic launches Claude 4 financial tools; Thinking Machines raises $2B at $12B valuation; OpenEvidence secures $210M at $3.5B valuation; Xtend adds $30M to reach $100M total funding; Cognition acquires Windsurf
00:00 - Intro
00:53 - Anthropic Targets $100B Valuation
02:21 - Anthropic Launches Claude 4 Financial Tools
03:20 - Thinking Machines Raises $2B at $12B Valuation
04:58 - OpenEvidence Secur…
E215: Aquihires a better M&A?; JPM to kill fintech?; 6 new, huge primary rounds!; Does anyone have an electricity guy?
00:00 – Aquihires in AI: A better form of M&A?
13:02 – JPMorgan's Data Fees: Innovation Killer in Fintech?
26:03 – Mega Funding Rounds: Revolut, SpaceX, Groq, Mistral, Harmonic, xAI(?)
41:…
E214: SpaceX soars to $400B valuation; Revolut banks on $65B valuation boost; Groq chips in at $6B valuation; Mistral AI storms to $1B+ raise; Harmonic AI tunes up to $875M valuation; xAI unleashes Grok 4 at PhD-level smarts; X's Yaccarino exits after X m
00:00 - Intro
00:55 - SpaceX Soars to $400B Valuation
01:46 - Revolut Banks on $65B Valuation Boost
02:37 - Groq Chips In at $6B Valuation
03:42 - Mistral AI Storms to $1B+ Raise
04:41 - Har…
E213: Groq is the private market Nvidia?; Figma’s IPO a buy?; Robinhood’s pre-IPO stock tokenization legal and good for investors?
00:00 – Groq is the private market Nvidia?
07:24 – Figma’s IPO a buy?
13:30 – Robinhood’s pre-IPO stock tokenization legal and good for investors?
PARTICIPANTS
Nick Fusco = CEO at PM Insi…
E212: Josh Brown, Michael Batnick, and Aaron Dillon talk 2H 2025 IPOs, pre-IPO stocks to watch, dynamics of the private stock market
The Compound is a go to source of financial news and insights for me on a weekly basis. What Are Your Thoughts on Tuesdays, Animal Spirits on Wednesdays, and The Compound and Friends on…
E211: Harvey disrupting the law firm industry, or driving it to new revenue levels?; Wealthfront a buy post-IPO?; Prediction markets a business with staying power?
00:00 - Harvey disrupting the law firm industry, or driving it to new revenue levels?
15:41 - Wealthfront a buy post-IPO?
24:45 - Prediction markets a business with staying power?
E210: Harvey eyes $5B primary valuation amid legal AI surge; Wealthfront preps IPO after strong $290M revenue; Snyk acquires Invariant to secure AI risks; PlayAI in acquisition talks with Meta; OpenAI and Microsoft clash over AGI clause; Kalshi hits $2B p
00:00 - Intro
00:53 - Harvey Eyes $5B Primary Valuation Amid Legal AI Surge
01:58 - Wealthfront Preps IPO After Strong $290M Revenue
02:42 - Snyk Acquires Invariant to Secure AI Risks
03:47…
E209: OpenAI proposes Microsoft own 33% equity in for-profit transition; Cluely records everything you see, say, and hear; Canva secondary deal at $37b valuation; What is Scale’s secondary valuation post-Meta deal?
00:00 - Intro
00:39 – OpenAI proposes Microsoft own 33% equity in for-profit transition
11:10 – Cluely records everything you see, say, and hear
25:32 – Canva secondary deal at $37b valuat…
E208: OpenAI strikes defense deal, hits $314B in secondaries; OpenAI-Microsoft standoff over equity, revenue, IP, and AGI; xAI burns billions, seeks $9.3B more amid $121B valuation; Anysphere doubles valuation weeks after raise; Genius Act sets stage for
00:00 - Intro
00:54 - OpenAI Strikes Defense Deal, Hits $314B in Secondaries
01:54 - OpenAI-Microsoft Standoff Over Equity, Revenue, IP, and AGI
03:07 - xAI Burns Billions, Seeks $9.3B Mor…
E207: Meta buys Scale 49% of Scale AI; Ramp raises at $16b; AI app, Glean, raises at $7.2b
00:00 - Intro
00:40 – Meta buys 49% of Scale AI
11:19 – Ramp raises at $16b
24:11 – AI app, Glean, raises at $7.2b