trading places

TP8: Phil Haslett EquityZen 🧘🏻‍♂️ | Goldman Acquires Industry Ventures 💰 | Deel at $17B 🤝

Episode 8 of the Trading Places Pod featuring Phil Haslett from EquityZen is out now. This week we dive deep into OpenAI's massive semiconductor partnership deals ($500B+ across AMD, Broadcom, Nvidia & Oracle), Goldman's billion-dollar acquisition of Industry Ventures, plus emerging IPO opportunities including Tempo's $5B series A and Anysphere's $27B valuation.

Our guest Phil Haslett breaks down the secondary market landscape, retail vs institutional strategies, and what Goldman's move means for the industry.

[ tech news + primary rounds ]

01:07 - OpenAI's chip kingmaker status 👑

01:45 - AMD deal: unusual equity stakes

03:17 - $500B in AI infrastructure deals

10:23 - Goldman acquires Industry Ventures 💰

16:49 - IPO market normalization signals

18:54 - Anysphere $27B coding AI valuation

20:30 - Tempo $5B blockchain payments series A

[ phil haslett, equityzen interview ]

24:00 - phil's journey from Lehman to EquityZen

28:17 - 500 Startups accelerator days

30:55 - customer segments: retail to institutional

35:41 - market concentration in top 30 names

40:12 - secondary market bargain hunting strategy 🎯

48:18 - Goldman acquisition impact analysis

53:24 - building without VC pressure

58:31 - ByteDance valuation insights

[ valuation corner: deel]

1:11:12 - Deel's $17.3B valuation deep dive

1:15:43 - Rippling vs Deel metrics comparison

1:18:29 - corporate espionage lawsuit drama

pod highlights this week:

-OpenAI flexing kingmaker status with unprecedented equity deals across AMD, Broadcom, Nvidia & Oracle worth $500B+ in AI infrastructure

-Goldman Sachs drops $965M to acquire Industry Ventures, signaling Wall Street's serious play for VC secondary market access

-Phil Haslett shares EquityZen's 12-year journey from 500 Startups to processing billions in secondary transactions

-retail investors driving 29% average discounts while top-tier names trade at premiums-corporate espionage drama between Deel and Rippling adds Silicon Valley spy thriller vibes to HR tech competition-Deel's $17.3B valuation looks reasonable at 15x revenue with 70% growth and 120%+ net revenue retention

**

[ trading places podcast = www.linktr.ee/tradingplacespod ]

[ phil haslett = https://www.linkedin.com/in/philhaslett/ | https://equityzen.com ]

[ aman verjee = https://www.linkedin.com/in/aman-verjee/ | https://x.com/amanverjee ]

[ dave mcclure = https://www.linkedin.com/in/davemcclure/ | https://x.com/davemcclure ]