This Monday, Ramp announced a $150 million secondary round which valued the company at $13 billion.

Today, Ramp co-founder and CEO Eric Glyman joins the podcast to talk about what has driven Ramp’s rapid growth, why he’s happy about Ramp’s decision to recognize reality and raise $5.8 billion down round in 2023, and how Ramp’s future will look in a world where AI transforms how finance works.

Finally, we cover TSMC’s plan to invest $100 billion in the US over the next four years, the Trump administration’s announcement of a strategic crypto reserve, Anthropic’s $3.5 billion Series E, and Microsoft’s new Dragon Copilot product launch.