January 16, 2024

Unite, Invest, Prosper.

Dear Subscriber First Name,

Strength lies in the diversity and expertise of our members. Much like the ancient deities, each member of IPO CLUB is a face and a hand of the same rational and honest venture.

Join IPO CLUB this year, and lend your hands and heads to our collaborative pursuit of better private investment.

What’s cooking?

Our Q4 2023 Valuations at Market are out, and we have received a small allocation of 3.05% in the Ripple tender.

On the origination side, we are active on seed opportunities and very late-state financing rounds, mainly in AI, logistics, and defense.

In the late-stage segment, we are very involved in Anduril and OpenAI, and we are looking at new opportunities in software and artificial intelligence.

Let us know if you are more interested in Anthropic or Perplexity, by simply putting down a hypothetical amount you’d consider investing in these startups.

The Risks of SPVs

There is an interesting blog post about the "8 Things to Consider Before Investing in SPVs" written by someone who uses them extensively. We have written some comments at the end of his post; have a good read.

See you in January?

Few slots remain available for meetings in Los Angeles, San Francisco, Reno, Las Vegas, and San Diego. Where would you like to meet?

Latest News

A curated compilation of the most recent news pertaining to the companies we cover:

Ripple’s buyback

Aduril’s share price in steady ascent

Fintech Bank PLC underperforms BofA and HSBC

Q4 2023 Valuations at Market

Flexport stock 2024 outlook

Understanding the Private Markets

OpenAI funding, valuation, and insight

Anduril 2023 milestones

Newcleo 2023 expansion

We support ACE New York

Ace New York is our charity of choice for 2024

Partners like ACE New York make it possible for people with histories of homelessness, incarceration, and addiction to get job training, work experience, and a lifetime support network that helps participants achieve their goals and establish economic independence.

ACE New York is a charitable organization focused on helping adult addicts find a path to recovery. It facilitates programs and services that thousands of individuals depend on to improve their lives.

Watch the video of the ACE graduation gala for the formerly homeless.

The timing of an IPO is not set in stone and depends on several things. Our expectations are based on company disclosures, specialized press coverage, and brokers’ research.

Accredited, sophisticated, and Institutional Investors only.