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Equity

Is the SPAC back?

Equity

TechCrunch

Founders, Silicon Valley, Finance, Ipo, Vc, Technology, Business News, Startups, Business, Venture Capital, News, Stock Market, Entrepreneurship, Techcrunch

4.2365 Ratings

🗓️ 18 April 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary

Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Max Zeff and Anthony Ha are unpacking the week’s news, including the possible return of the SPAC in an uncertain IPO market. It’s a curious moment for a public debut, as Kirsten points out, especially after so much chatter that 2025 would be the big comeback year for blockbuster IPOs, but some major players like Klarna and StubHub have already hit pause. And as investor Mark Goldberg put it on this week’s show, folks holding their breath for a fintech IPO wave this year “are going to be blue in the face.” Listen to the full episode to hear about: How Mark Zuckerberg, Elon Musk and Jeff Bezos’s AI voices could be taking over a crosswalk near you Figma’s IPO plans, and questions on the Equity crew’s mind ahead of the S-1. How Hugging Face’s latest acquisition confirms its push into humanoid robotics The latest wave of OpenAI models, updates to its o3 and o4-mini reasoning models, and why all eyes are on the bigger launch still to come: GPT-5. Equity will be back next week, so stay tuned! Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.  Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we'll talk to you next time. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Affinity, the most trusted CRM for private capital.

0:17.1

So, Max, you're the only one of us who actually lives in the Bay Area, which we don't maybe love to broadcast, but I'm going to say it at the top of this show.

0:23.4

Have you actually heard these AI voices of Elon Musk and Mark Zuckerberg at traffic lights, crosswalks?

0:29.7

Yeah, so it seems like these voices haven't quite infiltrated San Francisco.

0:35.1

It seems like they're more down in Palo Alto right now, where you press a crosswalk button,

0:39.5

you will hear Elon Musk or Mark Zuckerberg telling you to cross a street or say things like,

0:44.2

I'm so lonely or please don't tax the rich.

0:47.2

But no, I haven't been graced with their beautiful voices just yet.

0:50.9

Okay, so that's either a great reason to avoid Palo Alto or a 100% reason to whip out

0:57.4

the corporate card and go take a field trip. You know, I've been meaning to do more of that boots on

1:01.4

the ground reporting, so I think I will. When you said that it's mostly in Silicon Valley, that was

1:07.0

disappointing to me in the sense that, I mean, you know, there are pedestrian friendly cities in Silicon Valley.

1:13.5

Like Palo Alto has like a downtown area.

1:15.4

Menlo Park has or Mountain View has a little bit of a downtown area.

1:18.6

But like most people in Silicon Valley are driving.

1:21.2

I don't know how many people are actually doing, you know, like walking across crossbox.

1:25.9

Maybe that's why these hackers were able to pull it off

1:28.2

was because these are crosswalks that people aren't using anyway. So I guess what you're saying is

1:33.0

that people might hear it if they roll down the window in their Tesla while the random stray

1:40.4

pedestrian attempts to cross the street. Maybe they paid someone at like a task rapid to go run out and hit the button for them.

1:46.6

Well, on that note, let's get into the actual show.

1:49.6

Hello and welcome back to Equity.

...

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