CFIUS
other on 7 shows · 11 statements across 9 episodes
Innovators & Investors 
David Senra 
My First Million 
No Priors 
Invest Like the Best 
Capital Allocators 
20VC
11 statements about CFIUS, every show
Vishria: Cerebras attempted a 2024 IPO at a much lower valuation
“Take the Cerebrus example as a good one, which is, like, we took it public this time in May, but, like, we tried to take it public in twenty-twenty-four, and it would have been taken public at a much, much lower valuation, and like, you know, it would have bee…”
Feldman reveals CFIUS delayed Cerebras' IPO by 18 months
“We tried to go public a year and a half earlier, and we couldn't get it done because we bumped into CFIUS.”
Marini: Conservative ICs and Middle East Investors Refused to Buy Grindr
“Now, because Grindr is focused on LGBTQ, it was really interesting. A lot of the traditional buyers were not there in the process. There was always like someone conservative on the investment committee that was like, we can't touch that. We went to try to rais…”
AppLovin restructured a $1B Chinese buyout into debt to pass CFIUS
“We ended up doing it so that instead of their billion dollars being an equity investment for 70% where they would get control, which is what triggers this scrutiny, we ended up pivoting it to a billion dollar convertible note that if on conversion we pay them …”
Ferrari: Bending Spoons Attempted to Acquire Grindr in 2019 but Was Outbid
“We actually went after a grinder The LGBTQ plus dating app in 2019. So the app was owned by a Chinese firm and Sifuse was forcing it to sell. It was a big bite for us at the time. We're much smaller. It would have quadrupled the company. We didn't have an equa…”
Bonforte: CFIUS grants foreign owners one year for forced U.S. divestitures
“They give the company one year. You have one year to sell to a U.S. Ownership group. And if you do not, the government will take control of the business.”
Marini: Grindr's forced sale process yielded only three legitimate final bidders
“It came down to three buyers in the end that put in, you know, legitimate bids, and we were lucky enough to partner with the other PE firm and buy it.”
Bonforte: Grindr was a rare retroactive CFIUS divestiture of a foreign buyer
“And this was one of the only cases ever where CFIUS had actually retroactively unwound a deal. CFIUS had denied deals with foreign buyers, but they had never, what they're trying to do with TikTok today over the years is TikTok would be the second one after Gr…”
Helberg: US must signal CFIUS won't block trusted foreign energy investment
“Has to basically signal to the market that the Committee on Foreign Investment in the US, CFIUS, will not block foreign investment, you know, from trusted partners into this sector.”
Arison: Grindr was the first forced divestiture ordered by CFIUS
“And so they forced the divestiture and was like the first CFIUS forced divestiture and definitely the most prominent one that had ever happened.”