The Week: An IPO False Start, an Agent That Goes Shopping, and a War We Keep Paying For

Markets are pricing frothy IPOs like Anthropic's $2T valuation while real-world costs—from Iran war oil shocks to bond yields—quietly tax households.

• Oura shelves IPO: The smart-ring maker postponed going public citing market uncertainty; IPO expert Jay Ritter notes most companies that pause their IPO never go public, and Oura risks being compared to one-hit-wonders like GoPro or Peloton.
• Anthropic IPO draft leaks: Reuters reports $4.6B revenue, $8B operating loss, $42B net loss last year, with a planned November IPO at a ~$2 trillion valuation; SK Ventures' Paul Kedrosky calls the price 'ridiculous' and says insiders are 'unloading shares.'

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.