00:09 | Human controls computer with brain via Neuralink - A robot surgically implanted the Nueralink chip into the human’s brain - Human can control a computer mouse with just their brain - $4.2b implied secondary market valuation, +21.2% from last primary round in Nov 2023 01:17 | Reddit sells data to AI shop for $60m/yr - Filed S-1 for Mar 2024 IPO - Licensing data for AI training is a new revenue stream - $804m revenue, $91m net loss in 2023 - 75,000 most active Reddit users are invited to participate in the IPO - Seeking $5.0b IPO; $5.8b secondary market valuation, -42% from $10b primary round in Aug 2021 03:20 | China’s Moonshot AI raises $1b - Offers large language model like OpenAI’s ChatGPT to Chinese users - OpenAI and other US based LLMs are not available in Mainland China - Founded by renowned researcher Yang Zhilin - Alibaba, Meituan, Xiaohongshu, HongShan (Sequoia Capital China) participated 04:11 | Astera Labs’ IPO at $116m revenue + $4b valuation - Manufactures data center server components; Amazon and Microsoft are customers - 45% increase in revenue 2023 vs 2022 - 2024 revenue projected at $250m to $300m - IPO is targeted at $4b 05:16 | SpaceX won $1.8b US military contract in 2021 - US intelligence and military contract continue to be a major source of revenue for SpaceX - Starshield, a military focused satellite internet solution, won a $70m contract in Aug 2023 - SpaceX hires military personnel; e.g. retired Air Force general Terrence O’Shaughnessy - Jan 2024 tender locked a $180b valuation for SpaceX 06:41 | Pre-IPO +1.06% for week, +0.07% for last 1yr - Week winners: eToro +24.01%, Rippling +20.27%, Epic Games +15.96%, OpenAI +7.15%, Neuralink +7.15% - Week losers: Airtable -10.47%, Scale.AI -10.28%, ConsenSys -7.36%, Cohere -3.24%, Canva -3.18% - Top valuations: ByteDance $284b, SpaceX $184b, OpenAI $102b, Stripe $60b, Databricks $49b lead in current valuation Invest in pre-IPO stocks with AG Dillon Funds - www.agdillon.com