Tom Schmidt
speaker
296 appearances
3 recordings
2 series
first heard Jun 2026
last heard 29 Jun
Tom Schmidt’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 3.
Appearances
I think I was also surprised by...
how warm the market was to it post-IPO, where for a while it seemed like, you know, this thing was getting shopped around everywhere.
Fidelity lowered the minimum assets on platform required to participate from like, you know, 100,000 to like 2,000.
And it just felt like, okay, this thing's getting super shopped around.
Is it even going to get, you know, filled?
Ended up being obviously very oversubbed and then, you know, totally, totally popping after the IPO.
So I don't know where it's going to go from here, but I certainly think, you know, Elon is not one to doubt.
I think there's a lot of, yeah, like path dependency to it, right?
Like the way in which you raise the capital and, you know, I think of almost some of these other, you know, businesses as almost like kind of filling in the gaps in like a jar of nuts of like, oh yeah, you can't just rely on this very chunky sort of not as immediately repeatable or sexy like government contracts to do these space launches.
We also have all these little things kind of sprinkled in that allow you to sort of get there long term in addition to obviously, you know, the Elon aura.
I think there's also an incredible vindication for pre-IPO perps and on-chain perps.
I don't know if you talked about this on the last show, but I think TradeXYZ, which is the RWA platform on hyperliquid HIP3 markets,
They priced the IPO pretty much perfectly.
They priced it like 160 and it got there at the end of the trading day.
And even today, they're still doing hundreds of millions of volume on SpaceX.
And so, you know, we saw a little bit of this with the Cerberus IPO a couple of weeks ago, but it just feels like this is something that we're going to see continuing for OpenAI and Anthropic and every new, you know, hot IPO that's coming out this year and coming years.
Yeah, totally agree.
I mean, in some ways, it reminds me of kind of the 24 election and poly market.
And hey, you have this, you know, third market that you're probably not paying attention to, but it's providing way more signal, way more insight and way more accurate information than you're getting through kind of your conventional signals.
And that ultimately ends up being the way the market goes.
Showing 101–120 of 296 · page 6 of 15
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