Austin Hankwitz

speaker
11,053 appearances 33 recordings 1 series first heard Jun 2026 last heard 6d ago

Austin Hankwitz’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
13 · Aug OctJan 26AprJulnow

Recordings per month over the last 12 months — 33 in all, peaking in Aug 2026 with 13.

Appearances

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Because Morgan Stanley's equity underwriting fees already jumped 70% to $851 million last quarter, largely on IPO prep work like this. podcast-host
We all know Morgan Stanley worked closely on that SpaceX IPO and they made a killing. podcast-host
So it's important to understand, Robert. podcast-host
I want to linger on this a little bit longer. podcast-host
Anthropic saying, hey, we're gonna go IPO at a $2 trillion valuation because we are. podcast-host
Assuming because the stock market's forward looking, right? podcast-host
Anthropic is saying, right now, 2027, right? podcast-host
They've got this number that we report, but by the end of 2028. podcast-host
So we're going to look forward a couple years and say, okay, in the next couple of years, we see a world where Anthropic is doing $200 billion of annualized revenue. podcast-host
And then we're going to take that, multiply it by 10, because a lot of these companies like to put a podcast-host
10x or 15x multiple on their revenue. podcast-host
And that's how they come to that $2 trillion valuation. podcast-host
It's much more realistic, to be honest with you, than SpaceX. podcast-host
SpaceX was doing like 9 billion of revenue. podcast-host
And they're like, well, what's going on here? podcast-host
How do we get to one plus trillion? podcast-host
So anthropic makes a lot more sense in this instance than SpaceX, but I think there's a lot more complications. podcast-host
So why don't you walk through some of that complications, Robert? podcast-host
Robert, I love this and I want to linger just a little bit longer because I think it is important for our listeners to understand these numbers. podcast-host
Anthropic burning five point two, which is spending money, right? podcast-host
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