Money Stuff: The Podcast 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.
AI Snips
Chapters
Transcript
Episode notes
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.