Silicon Valley IPO Summer 2026: SpaceX, Anthropic, OpenAI Explained

Brit subs in for Jess as Sam and Dave unpack the AI IPO boom, including SpaceX, Anthropic, and Cerebras, debate whether AI agents can actually replace employees, and react live to the discovery that Slow’s @slow Instagram account was stolen through a Meta AI support exploit. The conversation spans OpenClaw’s enterprise push, recent AI funding rounds, the AI wrapper debate, and Sam’s latest investing thesis that startup pitches should look more like movie trailers than decks, before ending with a pop culture corner into Taylor Swift, AI-generated podcasts for kids, and the future of TBPN after the OpenAI deal.

Chapters:

02:53 AI IPO Season: SpaceX, Anthropic & Cerebras

05:29 Narrative Capitalism: Storing Value in Stories

11:34 What the AI IPO Wave Means for Silicon Valley

15:02 Microsoft Build: OpenClaw Goes Enterprise

17:38 Would You Trade Your Employee for an AI Agent?

25:19 LIVE: Slow Ventures’ Instagram Gets Hacked via Meta AI

30:04 Are AI Harnesses Just Fancy PDFs?

31:49 Recent AI Raises & the SaaS Comeback

33:01 The New Pitch: Movie Trailers Over Decks

41:17 AI-Generated Podcasts, Voice Cloning & Consumer AI

42:54 TBPN Update: Post-OpenAI Deal

We’re also on ↓X: https://twitter.com/moreorlesspodInstagram: https://instagram.com/moreorlessYouTube: https://youtu.be/oYmxx8ElGHkConnect with us here:1) Sam Lessin: https://x.com/lessin2) Dave Morin: https://x.com/davemorin3) Jessica Lessin: https://x.com/Jessicalessin4) Brit Morin: https://x.com/brit