Databricks

“There was more money flowing into secondaries. For Figma, Rippling, Canva, Revolut, CoreWeave, Databricks, and Stripe, then all of the tech IPOs in twenty-twenty-three to twenty-twenty-four.”

“Databricks just did that massive round, right. To convert and pay the tax bill for a lot of the RSUs.”

“The main one, or one of the main ones is that you can be a lot more aggressive on M&A. You know, Databricks, for example, you know, bought this company, Tabular. I think the reported valuation was two billion, and it was also reported that they were either pre…”

“And the asset class has grown so much that if you're an amazing company, Compounding your intrinsic value at 25, 30% a year at scale, you can raise practically unlimited capital.”

“So we've had hundreds of applicants already. You know, these have been engineers and designers and companies like OpenAI and Databricks, SpaceX, Ramp, you know, like you name it. We have a Gen Z creator who has millions of followers more research focused peopl…”

“They have a new fund that has Databricks, Mercore, Revolut, Airwallex, Boom, Supersonic, Ramp, Aura, and Stripe, which is signed and pending, closed.”

“They bought Databricks at a 150 dollars per share. Now trading at 204 ramp at 90, now trading at 98. Airwallex 21 dollars. It's now trading at 18.8.”

“You look at the Stripe or the Databricks case, they're using those large funds to convince the companies to stay private longer, maybe forever that's just a very different world than the one that I grew up in. I think they turn around and the people that do t…”