Samsonite just bought a chunk of Shay Mitchell's luggage brand Beis; a 116-year-old company getting cool by buying it rather than building it. We unpack why this "buy vs. build" move makes sense (and what it means for celebrity-backed brands generally). Then: Selena Gomez is being sued for fraud by Wondermind investors after 3 years of alleged radio silence, is this a case of where there's smoke, there's fire? And finally, Anthropic's revenue has gone from $9bn to $65bn in six months, putting it on track to be the largest tech IPO in history. We break down what that growth actually means, why valuing it is nearly impossible, and whether founders keeping outsized control post-IPO should worry everyday investors. Plus:...
Samsonite just bought a chunk of Shay Mitchell's luggage brand Beis; a 116-year-old company getting cool by buying it rather than building it. We unpack why this "buy vs. build" move makes sense (and what it means for celebrity-backed brands generally). Then: Selena Gomez is being sued for fraud by Wondermind investors after 3 years of alleged radio silence, is this a case of where there's smoke, there's fire? And finally, Anthropic's revenue has gone from $9bn to $65bn in six months, putting it on track to be the largest tech IPO in history. We break down what that growth actually means, why valuing it is nearly impossible, and whether founders keeping outsized control post-IPO should worry everyday investors. Plus: our ethical hotline tackles whether it's ethical to invest in space, with Lily from Pathfinder.
Submit your money and morals question to The Ethical Hotline: https://form.typeform.com/to/BZHujjGM and if you want to check out any of the questions we've already answered you can find them here! (https://pathfinder.kiwi/pathfinder-x-the-curve/)
WTF does that mean? A guide to all the jargony bits:
Revenue Multiple — What a company sells for, priced as a multiple of its yearly sales.
Annual Run Rate — One good month, times 12, dressed up as a yearly forecast.
IPO — Going public: selling chunks of your company to literally anyone with a brokerage app.
Public Benefit Corporation — A B Corp, but with a lawyer standing behind it.
Short Report — A hedge fund trash-talking a stock it's secretly betting against.
Cap Table — The receipt for who owns how much of the company.
Outsized Voting Rights — Own 5%, control 100% - founder magic.
Shareholders' Agreement — The paperwork that saves you from finding out the hard way.
Angel Investor — One rich person, one big check, one leap of faith.
Credits:
Hosts: Sophie Hallwright & Vic Harris
Producer: Emily Rigby
Editor: Kate Callaghan
Social & Digital Manager: Lucy Munro
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Chapters
- 00:00:00 Coming Up
- 00:00:55 Pathfinder x The Curve
- 00:01:21 Sophie's Birthday & Catch-Up
- 00:03:10 Samsonite Buys Shay Mitchell's Beis
- 00:18:49 Pathfinder x The Curve
- 00:19:38 Selena Gomez's Wondermind Lawsuit
- 00:27:54 Anthropic's Trillion-Dollar IPO
- 00:41:32 Ethical Hotline: Investing in Space
- 00:48:27 Thanks for Listening!
- 00:49:02 Financial Disclaimer
Disclaimer: Raising The Curve has been prepared solely for informational and educational purposes. Any information provided and serviced described in this website are intended to be of general nature and provide general information only. The opinions expressed by The Curve do not constitute investment advice.
