In this episode of the Newcomer Podcast, Eric and Madeline dissect why VCs are mad about Trump’s plans for a strategic crypto reserve. Even the biggest boosters and loudest voices for deregulation around crypto have been caught off guard by the president’s push to add other altcoins to the promised Strategic Bitcoin Reserve, calling the move a blatant enrichment scheme for coin holders and friends of the President. 

Next, they take a closer look at the thawing of the IPO market. They unpack CoreWeave’s S-1 and examine why the biggest generative AI IPO of the year so far has a lot at stake with big tech customers. They then discuss Anthropic’s latest funding round, its whopping $61.5 billion valuation, and the deeper issue of when we should truly declare AGI’s arrival. 

Produced by Christopher Gates