What’s worth $11 billion and wants to go to Mars to collect rocks? NASA’s rock-collecting mission to Mars is expected to cost $11 billion, age. In other words, the U.S. space agency is opening the door to more input. This means startups are looking for real opportunities. Out of this world.
But that’s not all that’s happening. Today’s stocks episode focuses on startups in general. That meant we also got to talk about Two Chairs’ recent big Series C, Quilt’s heat pump business and financing, and some IPO updates. We expect more of his IPOs to follow after Mr. Ibotta and Mr. Rubrik exit.
Today’s program also featured venture capital news. Bay Bridge Ventures is raising his $200 million climate change fund. Given LP’s growing interest in climate change technology in general, the company has a lot of great companies. Also, the SpaceX alumnus is starting his own new VC firm, which we covered.
Finally, a huge and amazingly large new fund from a16z worth $7.2 billion. We broke down the breakdown on our podcast, and the short answer is that the venture downturn doesn’t seem to be stopping venture companies from getting the golden touch when it comes to raising capital. Press play and enjoy!
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