#32: The 20-Day IPO Rule: How Navan and Beta Could Beat the Shutdown. Plus, Aptera Stock, Erebor, and the Snyk IPO.
Craig is seeing some signs of life in the IPO pipeline. The Navan IPO and Beta Technologies IPO may move forward by early in November. Companies must adhere to the new SEC shutdown guidance (the 20-Day Rule) provided on October 9th. It seems likely that any big names will IPO before 2026. In IPO Radar news, the Aptera Motors disappointed, OURA Health raises funds from Fidelity, the Snyk IPO may happen after all, Erebor nears becoming a bank.Join the Access Club: 7-Day FREE TRIALWeekly Newsletter Signup(free download - "The IPO Process One-Pager")Best Brokers for IPO AccessSEC Guidance(0:00) Intro(0:29) IPO Signs of Life(1:17) SEC Shutdown Guidance(3:54) Upcoming IPOs(4:45) Options(7:24) Shutdown Continues(8:47) IPO Radar News(9:12) Aptera Direct Lising(14:11) Aptera Motors Stock Trading(15:05) OURA Health and Fidelity(18:02) OURA Health Valuation(19:10) Snyk IPO(20:38) Snyk CEO Peter McKay IPO(23:29) Erebor Bank Charter(28:31) Stay in Touch
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#31: Wealthfront IPO Preview + Cerebras IPO Update, Anysphere at $30 Billion, and xAI Fundraise Frenzy
Craig looks at highlights from the Wealthfront IPO filing. Will Wealthfront customers get a chance to invest in the IPO?In IPO Radar news, the Government shutdown continues. Craig gives a full update on the Cerebras IPO filing withdrawal and upcoming timeline as of October 9th, 2025. Plus, Cursor maker Anysphere has investors interested at a $30 billion valuation (3X since May), and the AI fundraising frenzy continues with xAI. Weekly Newsletter Signup(free download - "The IPO Process One-Pager")Join the Access Club: 7-Day FREE TRIALBest Brokers for IPO Access20VC Podcast Linkshttps://www.thetwentyminutevc.com/andrew-feldman-2https://www.thetwentyminutevc.com/jonathan-ross-3(0:00) Intro(0:57) Wealthfront IPO(2:32) Wealthfront S-1 Highlights(11:34) Wealthfront Financials(12:22) Neo-Brokers Cash Products(13:56) Is Wealthfront Profitable?(15:00) IPO Access for Customers(15:56) IPO Radar News(18:19) Cerebras IPO Status(20:58) CEO Andrew Feldman Comments(23:16) 20VC Conversations(23:44) AI Bubble Skepticism(24:45) xAI $20 Billion Fundraise(25:20) Nvidia to Invest in xAI(27:14) Unmet Demand(27:58) Anysphere/Cursor $30 Billion(30:18) Anysphere IPO Potential(31:27) Stay in Touch(32:16) Level Up(33:14) Next IPO Wave
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#30: Is the IPO Pipeline Shutdown with the U.S. Government? Plus, Cerebras Series G and Kraken IPO.
Will the U.S. Government shutdown lead to an IPO shutdown? Unfortunately, Craig thinks it will. The 2025 IPO window was already closing for the year, and the politician-induced delay will have a significant impact on IPOs unless it is resolved promptly. Craig lists the companies caught "in limbo" and the candidates most likely to push their IPOs to 2026. In IPO Radar News, Cerebras resurfaces, Kraken prepares to IPO, and the Fervo Energy IPO heats up.Join the Access Club: 7-Day FREE TRIALLevel up your IPO investing, connect with Craig and likeminded investors, and compare allocations for the latest deals.Weekly Newsletter Signup(free download - "The IPO Process" One-Pager)Best Brokers for IPO AccessHelpful article about the shutdown Impact on IPOsIPO and pre-IPO investing involves significant risk. Perform personalized due diligence before investing. Mentions of startups or companies in this show are not recommendations to buy or sell. This show is for informational and entertainment purposes, and should not be considered investment advice. Do not invest in IPOs with money you cannot afford to lose. (0:00) Intro(0:27) IPO Shutdown(1:51) Government Shutdown(4:28) IPO Implications(6:31) Unhelpful(7:00) Pending Market Conditions(7:58) Narrow Window(8:39) In Limbo Companies(10:27) Medline IPO(11:27) Upcoming IPO in 2026(12:22) Unintended Consequences(13:50) Axios Dan Primack(14:01) Looking Forward(14:44) IPO Radar News(16:10) Cerebras Series G(19:02) Cerebras IPO "Aspiration"(20:30) What is Cerebras?(21:25) Kraken IPO(22:50) Kraken Strategic Investor(25:25) Fervo Energy Fundraise(27:10) Fervo Energy IPO(27:37) Final Raise?(29:02) Next Level(30:55) Outro
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#29: Navan IPO Preview + BitGo IPO and Fermi America IPOs. Beta Technologies IPO and Tether's Untethered Valuation.
Craig breaks down three upcoming IPOs: The Navan IPO, BitGo IPO, and the massively ambitious and speculative Fermi America IPO. In IPO Radar news, Beta Technologies IPO, and Tether's valuation is untethered. Free DownloadFrom Startup to Public Company - The IPO ProcessJoin the Access ClubBest Brokers for IPO Access(0:00) Intro(0:50) Navan IPO(2:37) Navan S-1 Highlights(10:02) Road to IPO(10:39) BitGo IPO(11:56) BitGo S-1 Highlights(12:15) BitGo SoFi(13:20) BitGo Revenue Growth(14:49) BitGo IPO Date(15:40) Fermi America IPO(16:54) USA AI Future Power Needs(17:50) Fermi IPO Red Flags(18:24) Ambitious Plans(20:02) Should Fermi be Public?(20:40) Highly Speculative(23:48) IPO Radar News(24:50) Beta Technologies IPO(28:00) Tether's Valuation Untethered(32:31) Waiting for IPOs(33:47) Retail Access(35:10) Subscribe and Follow(35:24) The IPO Process Download(35:36) The Access Club(36:26) Outro
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#28: IPO Revival! Takeaways from Recent IPOs to Help Us Prepare for the Next Wave
The IPO revival is here. Craig identifies takeaways from the September IPO volume to help us prepare for the next wave of IPOs.Someone cracked the Robinhood IPO allocation algorithm. Craig shares and breaks it down. In IPO Radar news, Medline go or no go, Figure AI valued at $39 billion, and a Cohesity IPO is looking likely for 2026. Free DownloadFrom Startup to Public Company - The IPO ProcessJoin the Access ClubBest Brokers for IPO Access(0:00) Intro(0:34) IPO Revival Takeaways(1:15) Recent IPO Performances(1:53) Klarna(2:18) Figure(2:46) Gemini(4:36) StubHub(6:58) IPO Takeaways(8:04) Netskope(8:44) Next Wave(9:35) Community Insights(9:54) Robinhood IPO Algorithm(11:16) Robinhood IPO Formula(12:04) Examples(15:02) Tweet(15:18) IPO Radar News(16:26) Medline IPO(20:00 )Figure AI $39 Billion Valuation(23:43) Cohesity IPO(26:28) Stay in Touch(27:02) Preview(28:07) Outro
The Access IPOs Podcast explores opportunities to invest in the world's most innovative and disruptive pre-IPO companies. We discuss upcoming IPOs, fast-growing venture capital-backed startups, and ways ordinary investors can participate in pre-IPO and IPO investing.
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