E72: Deel is a screaming buy?, $2b Google investment into Anthropic, Can X/Twitter be the ‘everything app’ | Pre-IPO Stock Podcast – Nov 1, 2023 | Clint Sorenson, Nick Fusco, Aaron Dillon

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00:14 | Deel is a screaming buy?
- global HR payroll and compliance provider; 15,000 active customers, $5.5b payroll payments processed
- $12.5b implied secondary market valuation, up from last round in May 2022 at $12.1b
- Deel was -53% in Mar 2023 in the secondary from May 2022 primary round but is now up 33% from its secondary lows
- Deel's revenue grew 470% from 2020 to 2021 and 417% from May 2021 to 2022

03:40 | $2b Google investment into Anthropic, White House AI executive order
- Google invested $2b in Anthropic; the deal is structured with $500m upfront and $1.5b later, Google invested $300m in Apr 2023 for a 10% stake
- White House new AI executive order aims to regulate AI development; consensus is the executive order is well done, not regulatory capture

09:58 | Can X/Twitter be the ‘everything app’
- Musk has owned X/Twitter for 1 year; purchased for $44b now at $19b, a 57% decrease
- X aims to be the ‘everything app’ similar to WeChat in Mainland China
- ‘Everything app’ could mean the following on X; tweets, YouTube videos, checking accounts, Venmo, payments to merchants, sports betting, news article micro-payments, etc