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Tank Talks By Ripple Ventures

News Rundown: Cohere's $450M Raise, PluralSight Write Down, and Anti-Woke Stock Market with John Ruffolo of Maverix Private Equity

Jun 13, 2024
21:35

This week John Ruffolo of Maverix Private Equity is back with Matt to talk about the news affecting the venture capital and financial sectors including Cohere's recent $450 million fundraising, featuring investments from Nvidia, Salesforce Ventures, and others. The conversation shifts to the resurgence of crypto interest, Vista Equity's write-off of Pluralsight, private equity firms targeting individual assets within companies rather than entire companies, and how that could present opportunities for venture capitalists to recover some value from underperforming investments.

They also cover Canada's capital gains plan's slow progress and impact on investment stability, as well as the proposal of a new “anti-woke” Texas stock exchange, which aims to offer a more business-friendly environment free from some of the regulatory burdens seen in current exchanges.

Finally, they discuss recent interest rate changes by the Bank of Canada and the European Central Bank, and their implications for the Canadian economy and inflation.

In this episode, we discuss:

* (00:49) Cohere's $450 million fundraising.

* (02:49) Discussion on AI space valuations.

* (04:28) Crypto resurgence and political implications.

* (07:46) Vista Equity's write-off of Pluralsight.

* (10:55) Private equity targeting individual assets.

* (12:48) Canada's capital gains plan delay.

* (14:24) Proposal of Texas stock exchange.

* (17:05) Interest rate changes by Bank of Canada and ECB.

* (19:54) Impact of interest rates on the economy.

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Podcast production support provided by Agentbee.ai



This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com

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