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▶ 32:27 · $PARLOA · Why Secondary Markets Are Eating the IPO | All-In Liquidity Secondary Markets Panel
episode briefing
All-In Podcast

Why Secondary Markets Are Eating the IPO | All-In Liquidity Secondary Markets Panel

2026-06-07 · 8 company · 0 thematic
sentiment
8 bull0 bear0 neu
speakers
brad gerstner

Founder and CEO of Altimeter Capital, a technology investment firm, and host of the BG2 podcast. Known for concentrated growth bets and widely-read public memos on big tech.

gavin baker

Managing partner and CIO of Atreides Management, a technology-focused hedge fund. He previously ran the Fidelity OTC fund for years and is one of the most-followed voices on semiconductors, AI infrastructure and growth tech.

jason calacanis

Angel investor, host of This Week in Startups and co-host of the All-In podcast. An early investor in Uber, Robinhood and Calm.

chamath palihapitiya

Founder and CEO of Social Capital and a co-host of the All-In podcast. An early Facebook executive who became a prominent venture and SPAC investor.

quote
“We also own a company called Parlo and the same space in Europe that I think is really interesting.”
—brad gerstner
now playing · $PARLOA
$PARLOAbullish· medium· posbrad gerstner
Gerstner owns Parloa: European agent-native customer-service play
European agent-native customer-service company in the same space as Sierra; rebuilding incumbent software for the agentic era, with potential as an acquisition target for the larg…
$SIERRAbullish· mediumbrad gerstner
Brad Gerstner eyes Sierra: agent-native Salesforce with M&A optionality
Brett Taylor's Sierra is building agent-native sales, marketing and customer-service software; downside is OpenAI/Anthropic encroachment, upside is acquisition by Meta, Google or…
$REVOLUTbullish· mediumchamath palihapitiya
Chamath turns to Revolut: next-gen neobank unbundling the incumbents
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$DRIVENETSbullish· high· posgavin baker
Gavin Baker backs DriveNets on AI-networking reinvention thesis
Private networking company attacking the disaggregation of inference; positioned to make specialized AI chips work together efficiently as part of the coming infrastructure and ne…
$ANET···bullish· high· posgavin baker
Gavin Baker rides networking super-cycle: long Arista on inference disaggregation
As data centers specialize and inference workloads disaggregate (prefill/decode), networking must be reinvented to orchestrate heterogeneous chips; Arista is a publicly held benef…
$NEURA-ROBOTICSbullish· mediumjason calacanis
Calacanis flags Neura Robotics: quiet German AI logistics-robotics winner
German AI-powered logistics-robotics company operating away from Silicon Valley hype, with quiet big-name backers and roughly $100M revenue; a secondary pick outside the crowded t…
$VAST-SPACEbullish· high· posjason calacanis
Calacanis bets on Vast: falling launch costs make space stations winnable
As SpaceX drives launch costs down, demand for what gets put into space rises; Vast is building space stations and Calacanis invested directly and via SPV, believing they will win…
$ZIPLINEbullish· high· posjason calacanis
Calacanis and Baker back Zipline as drone delivery finally works at scale
Autonomous drone delivery (a tethered drop, no landing) can cut delivery cost from $15 toward $2, driving massive consumption; battle-tested over seven years delivering medicine i…