Run the Numbers

State of the Private Markets - April

12 snips
May 3, 2025
Delve deep into the current state of private tech valuations, featuring giants like SpaceX and OpenAI. Discover hiring trends and challenges faced by direct-to-consumer brands like Harry's and Glossier, along with impressive growth stories like Scale AI. The scrutiny faced by tech companies over labor classifications echoes past controversies, while innovations from Safe Super Intelligence, Inc. showcase ambitious goals. Don't miss insights into Revolut's rise in fintech and the evolving strategies in this dynamic sector.
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ANECDOTE

CJ's Heartwarming Travel Story

  • CJ Gustafson shares a personal story about traveling and how his daughter thoughtfully packed a Kobe Bryant bobblehead for his trip.
  • This anecdote highlights the human side behind professional roles and the small gestures that matter.
INSIGHT

OpenAI's Soaring Valuation

  • OpenAI's valuation at $300 billion demonstrates the massive investor optimism around foundational AI models.
  • It now values more than double Adobe, signaling AI's central role in tech valuations.
INSIGHT

Headcount Indicates Growth Potential

  • Headcount growth is a leading indicator of tech company revenue growth or contraction.
  • Scale AI's 47% year-over-year headcount increase shows strategic staffing despite its services-heavy model.
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