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What I Read This Week…

chamath.substack.com · 616 words · saved by 1 readers

Wall Street expects more companies to go public in 2025, Nvidia is expanding beyond AI chips into robotics, and Constellation Energy won a $1 billion contract to supply nuclear power to the government

Watch All-In E209 Read our Deep Dive: A Primer on Cryptocurrencies Caught My Eye… Investment bankers and private equity investors expect more companies to go public in 2025 as private equity firms look to sell their holdings in a strong stock market. The IPO market raised $32 billion in 2024, which was 60% more than 2023, and most large IPOs performed well after listing. Private equity-owned companies like Medline and Genesys have filed IPO paperwork, while venture-backed firms like Klarna and Chime (valued around $15-20 billion) plan to go public. This IPO cycle could be different from…

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