Hey, Mel. So, the so-called private MAG7, the biggest non-public names, have surged to combined $1.2% trillion valuation. That's up 96% in a year, roughly 3x the gains of their public market counterparts, according to new data from Forge Global.Now, the leaderboard reshuffled. Open AAI just edged it past SpaceX for the top slot, and Anthropic jumped up to number three, making its first appearance in the private Mag 7. The model maker beating out both Stripe and Datab Bricks.remarkable for a company that did ...

RT Tim Draper (@TimDraper)The billion-dollar idea that started over BBQ ribs in Wyoming…Most people think venture capital happens in fancy boardrooms with PowerPoint decks and term sheets.Sometimes it happens at a Bitcoin meetup out west.That's where I met @MiguelMorel, the founder of Arkham Intelligence ( @arkham ) .Immediately, Miguel's extraordinary intelligence and energy caught my attention.He had an incredible vision for @Bitcoin becoming the center of banking and commerce.But here's the thing about c ...

Core Insights - Robinhood has attracted attention by offering retail users exposure to OpenAI's growth through tokenized shares backed by a special purpose vehicle [1] - OpenAI's counsel has warned that these tokens do not represent equity and may be unauthorized, raising concerns about the risks for token holders [2] - The current investment landscape favors institutional investors, leaving retail investors with limited options to access high-growth AI companies [2][3] Investment Opportunities - Bittensor has introduced the Dynamic TAO (dTAO) upgrade, aiming to democratize access to yield in the AI sector by allowing users to stake directly in on-chain AI startups [3] - TAO holders can now allocate resources to specific subnets, receiving "alpha" tokens that reflect the performance of those subnets, creating a market-driven incubator for value creation [4] - The dTAO ecosystem rewards performance and utility through both staking returns and appreciation of alpha tokens, enhancing investment opportunities for participants [5] Performance Highlights - The Bridges subnet has demonstrated superior performance, outperforming Anthropic's Claude 4 in code generation tests while operating with significantly lower capital expenditures [5][6] - Decentralized miners have successfully increased Bridges' accuracy above 80%, showcasing the potential of decentralized AI solutions compared to traditional centralized tech companies [6]

Core Insights - The fifth annual Palm Beach CorpGov Forum will take place on November 5-6, 2025, at the Palm Beach Lake Pavilion, featuring panels and networking events [1][2] - The event is expected to attract around 300 attendees, including institutional investors, board directors, family offices, attorneys, investment bankers, and key advisors [2] - The forum will cover various topics including Private Equity, IPO Execution, Shareholder Activism, and Industry Panels on Cybersecurity, Real Estate, Blockchain, AI, and Sports [5][6] Event Details - The forum will run from 1 PM to 5 PM each day, followed by networking receptions from 5 PM to 7:30 PM [1] - The event will be digitized into a report and published by CorpGov and its content partners, including Yahoo Finance and Bloomberg [2] Speakers - Keynote speaker will be Josh Frank, Partner and Co-Investment Officer at Trian Fund Management, along with other notable speakers from various sectors [6]

IPO Market Trends - Fintech companies like Figure Technology and Clara are going public this week, indicating a potential resurgence in the IPO market after a drought of several years [1] - Various companies across different sectors, including crypto, transportation, and finance, are going public, suggesting a broad-based recovery in the IPO market [3] - Allocating more shares to retail investors in newer offerings is seen as a positive sign, as retail investors tend to hold onto their shares, contributing to price stability post-IPO [5][6] - Encouraging post-IPO pricing suggests a healthy market environment for companies going public [6] Crypto Market - The passage of recent legislation frameworks is expected to boost crypto investments [7] - There are speculations of Bitcoin reaching $200,000 by year-end and potentially $1 million, indicating high expectations within the crypto market [7][8] - The firm has crypto infrastructure companies that could potentially go public in the next few years [4] AI Investment and Valuation - AI is transforming the world, with significant usage, productivity, and value being generated, leading to the potential for very large companies to emerge [10][11] - AI companies may start going public as early as next year, which could provide another boost to the market [11] - The current AI valuations are considered extreme, with capital concentration and only a few expected winners [9]

We're building a venture capital with @MNCapital_vc and that's why I was super pleased to discuss VC investments with @viewfromhk on @new_era_finance.#Altcoin founders & retail investors can learn a lot from his advice.Watch it here:https://t.co/x9yux9vECA ...

Against The Odds is liveTalking prediction markets, operations, VCs, sports and moreJump in on Kick or Xhttps://t.co/IgJ9AnKdV1 ...

Industry Analysis - The buyer has essentially destroyed the core of the company, leaving only a shell [1] - Scale was once valued at $28 billion, implying Brett should be worth $56 billion [1] - Venture capital today focuses on increasing human efficiency by 10% through AI co-pilots [2] - The real goal is to reduce workforce by 75% using AI [2] Due Diligence Concerns - Venture rounds are now being completed on Saturdays, indicating a lack of proper due diligence [2] - There is a significant decline in diligence compared to two years ago [2] Ethical Considerations - Increased accountability is needed, specifically more founders committing fraud should face imprisonment [3]

Very glad we pumped the brakes on venture and have remained fully allocated to liquid markets over last 6-12 months.Venture for the bear, liquid for the bull. ...

Quadrille Capital, an investment manager in venture capital and growth equity, has raised €500 million to invest in growth companies in the US and European technology sectors. https://t.co/qJSKpGlPdd ...