Phil Haslett

Phil Haslett, Chief Strategy Officer at EquityZen, joins the discussion on SpaceX's ambitious plans for a 2026 IPO, aiming to raise a record $30 billion. He delves into how the funds will support projects like Starship and expand Starlink's impact. The conversation shifts to the complexities of secondary liquidity versus primary funding strategies and the enormous $1.5 trillion valuation debate. Haslett also highlights the implications for SpaceX’s growth and the potential effects on the broader aerospace industry.

Sumukh Sridhara leads founder products at AngelList, providing insights into startup valuations, while Phil Haslett is the founder and chief strategy officer of EquityZen, specializing in secondary marketplaces. They discuss the unexpected benefits of internal valuation cuts for employees, particularly in tough market conditions. The conversation dives into the importance of 409A valuations, stock options for recruiting talent, and how companies can adjust their equity compensation strategies amidst fluctuating market dynamics. It's a must-listen for understanding startup employee compensation!