

Finders Keepers: IPO, XAI, Subs
45 snips Apr 4, 2025
Dive into the wild world of meme stock mini-IPOs and the intriguing realm of stablecoins. Discover the dynamics of Musk's latest mergers and the potential of XAI and X synergies. The hosts hilariously consider what to do with a mistaken $7 million windfall while highlighting surprisingly high substitute teacher paychecks. They also unpack a quirky conservative news network's IPO and discuss the ups and downs of investing in Tesla for the sake of complaining about its billionaire CEO.
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Newsmax IPO
- Newsmax, a conservative news network, went public with a surprisingly high valuation, exceeding even Fox News at one point.
- The stock's value later declined, but the initial surge highlights the unpredictable nature of meme stocks.
Mini-IPO Mechanics
- Newsmax's IPO was a Regulation A+ offering, a mini-IPO allowing them to raise up to $75 million.
- This type of offering, managed by a small investment bank, targets the small-cap community.
Circle's Stablecoin Business
- Circle, a stablecoin company, has filed for an IPO, revealing substantial revenue and net income.
- Their business model involves holding customer deposits in T-bills and other low-risk assets, capitalizing on the interest rate differential.