trading places

[ trading places ] episode 4:a very bad 💩podcast about VC #secondary 2️⃣, broken unicorns 🦄💔& busted carry 😱 this week in 2ndry: we talk #SPVs #KYC and #liquidity w/ nik talreja CEO @ sydecar timestamps: [ tech + vc news ] 01:14 — ipo window creaks open (klarna, figma, netskope, stubhub) 07:00 — tiktok deal: oracle, xi, trump 10:16 — fed cuts 25bps → bullish for tech [ nik talreja intervie...

IPOs are overrated. secondaries are where the bodies get buried. in ep.3 of [trading places], dave mcclure & aman verjee get way too many smart people on one bad pod: emily zheng (pitchbook) — the adult in the room with $61b in us vc secondaries, step-ups, discounts, rofrs, and why ai is the only thing saving your carry. sim desai (hiive) — transparency = liquidity. kraken vs coinbase, spvs mu...

a very bad podcast about broken unicorns & busted carry in this ep of [trading places], dave mcclure & aman verjee sit down with upfront ventures’ mark suster to talk: * why he sold $600m+ in secondaries before the crash * why vcs are emotionally bad at selling (spoiler: regret math) * how funds fake “long-term conviction” while quietly cashing out * the trillion-dollar tiktok problem &amp...

in this inaugural ep of [trading places], dave mcclure & aman verjee welcome david zhou (super clusters) to talk secondary markets, ai bubbles, and why your DPI might be total bs we go deep on: – openai’s $500B tender – canvas vs databricks valuations – LP/GP dynamics – when to sell in secondaries – spv food fights – and the ghost of rap battles past also: mean VC, VC trading cards, and the mo...