Episode 70: Boxabl completed its SPAC merger at a $3.5 billion valuation.
Unfortunately, the market won't support that valuation, while 50,000 pre-IPO investors are locked up for 14 months.
Plus, an update on the Jersey Mike's IPO and widespread retail access. Which way will it trade?
In IPO Radar news, Stripe's revenue and free cash flow revealed, and it's on the hunt. Colossal Bio seeks a colossal valuation, and Travis Kalanick's ATOMS raised $1.7 billion.
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(0:00) Intro
(0:29) Dry IPO Pipeline
(1:55) Boxabl SPAC Merger
(3:23) Equity Crowdfunding
(5:19) Boxabl Valuation
(6:16) BXBL Lockup
(8:52) Aptera Stock
(9:10) Early Rounds
(9:51) Disappointment
(10:46) Crowdfunding Gut Check
(12:10) Jersey Mike's IPO Update
(13:25) JMKE IPO Access
(14:06) Institutional Demand?
(14:58) MDLN IPO Win
(15:20) GEMI IPO Loss
(16:03) How Will it Trade?
(17:50) IPO Radar News
(18:24) Stripe PayPal
(20:51) Stripe OpenRouter
(21:28) Colossal Biosciences Valuation
(24:55) ATOMS $1.7 Billion Fundraise
(27:54) What Does ATOMS Do?
(29:38) Stay in Touch
Disclosures: At the time of recording - The host has no investment stake in BXBL. He may participate in the Jersey Mike's IPO, but does not own a pre-IPO stake. He owns an indirect equity stakes in Stripe and Anthropic through RVI and VCX. Access IPOs content is for informational purposes only and the host does not recommend that investors buy or sell any stocks, funds, or private companies mentioned. Perform personalized due diligence and only invest with money you can afford to lose, as IPO and pre-IPO investments inherently carry a high degree of risk. Invest in IPOs and private companies at your own risk.
