#49: RVI IPO vs. VCX Direct Listing (March). Plus, Stripe's New Valuation, and Cerebras IPO

The podcast focuses on upcoming IPOs, particularly Robinhood's RVI and Fundrise's VCX, both aimed at retail investors. RVI's IPO date was delayed to March 6th, possibly to coincide with Robinhood's "Take Flight" event or due to order book concerns. Fundrise's VCX is expected to be a direct listing, pending an N-2 filing, with shareholder votes approving the listing and a six-month lockup period but rejecting a fee increase. Both funds have holdings in Databricks, with VCX leaning towards AI and RVI towards fintech, including a potential Stripe investment. The speaker also covers Stripe's recent tender offer at a $159 billion valuation and rumors of acquiring PayPal, as well as Cerebras refiling for an IPO, potentially one of the year's largest.