#016: Circle Stock: Sell or Hold After the IPO?
Craig can’t ignore the incredible IPO performance of Circle (CRCL) and CoreWeave (CRWV).
Circle is up more than 600% in just two weeks. Craig outlines his next steps having bought 100 shares at the IPO price of $31 per share.
In IPO radar news, TerraPower and Ramp raise new funds.
Gusto disappoints retail investors with a tender offer.
And would you rather invest in Anysphere/Cursor at an $20 billion valuation or xAI at a $120 billion valuation?
0:00 Intro
0:24 Circle Stock
0:44 Fidelity IPO Flipping Policy
1:13 Selling Circle Shares
1:30 Buy Circle Stock?
1:37 Why is Circle Stock Rising?
2:32 Funny Money
4:03 CoreWeave Stock
4:18 Investor IPO Appetite
5:58 AI and Crypto
7:19 IPO Radar News
8:44 Ramp Raises $16 Billion Valuation
11:07 Ramp IPO Potential
12:02 Ramp Pre-IPO Access
12:28 Gusto Tender Offer
13:50 Gusto IPO Potential
14:06 Rippling and Deel
15:22 TerraPower Raises $650 Million
18:20 TerraPower IPO Potential
18:33 Tale of Two AIs
19:46 Anysphere Cursor
21:33 xAI News Firehose
22:09 xAI Burning $1 Billion/Month
22:26 xAI Debt Raise
22:53 xAI Equity Raise
23:35 Bet on Elon?
27:13 Outro
This podcast and video are for informational and entertainment purposes only. Mentions are not a recommendation to buy or sell any pre-IPO or public company. Invest in IPOs and private companies at your own risk.