State of the Markets and AI with Steven Wolfe Pereira

(0:00) Intro

(1:30) About the podcast sponsor: The American College of Governance Counsel

(2:16) Start of interview. *Reference to E181 (July 2025) for Steven's personal/professional background.

(3:14) IPOs and Market Trends. Including Klarna and Gemini.

(5:29) The Stay Private vs. Go Public Dilemma. Valuations and market health (examples of Airbnb and Figma)

(12:00) The Oracle post-earnings 36% price increase. *Reference to article by Tom Chavez: In Defense of Bubbles.

(14:14) AI, Data Centers, and Market Dynamics

(15:15) OpenAI's Future and Governance

(20:12) Power Dynamics in Big Tech companies (Mag 7).

(22:35) Tesla and Elon Musk Compensation Structure (Mega Grants)

(24:53) Boardroom Accountability in Big Tech

(28:31) Scale AI and L&A (Licensing & Acquihiring) as the new M&A

(34:34) AI startup governance (e.g. SSI and Thinking Machine Labs)

(36:41) The Role of Directors in Governance. "Theater in the boardroom?"

(39:08) Startup Fraud (Elizabeth Holmes, SBF, etc) and the Startup Litigation Digest

(40:05) Legal Accountability and Ethics 

(46:39) The Future of AI and Market Valuations in the "Agentic Economy"

(51:43) The Importance of Board Leadership

Steven Wolfe Pereira founded Alpha to solve a critical problem: most boards are governing AI transformation without the frameworks, intelligence, or peer networks they need to make sound fiduciary decisions. 

You can follow Evan on social media at:

X: @evanepstein

LinkedIn: https://www.linkedin.com/in/epsteinevan/ 

Substack: https://evanepstein.substack.com/

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Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License