#30: Is the IPO Pipeline Shutdown with the U.S. Government? Plus, Cerebras Series G and Kraken IPO.

Will the U.S. Government shutdown lead to an IPO shutdown? Unfortunately, Craig thinks it will. The 2025 IPO window was already closing for the year, and the politician-induced delay will have a significant impact on IPOs unless it is resolved promptly. Craig lists the companies caught "in limbo" and the candidates most likely to push their IPOs to 2026. In IPO Radar News, Cerebras resurfaces, Kraken prepares to IPO, and the Fervo Energy IPO heats up.Join the Access Club: 7-Day FREE TRIALLevel up your IPO investing, connect with Craig and likeminded investors, and compare allocations for the latest deals.Weekly Newsletter Signup(free download - "The IPO Process" One-Pager)Best Brokers for IPO AccessHelpful article about the shutdown Impact on IPOsIPO and pre-IPO investing involves significant risk. Perform personalized due diligence before investing. Mentions of startups or companies in this show are not recommendations to buy or sell. This show is for informational and entertainment purposes, and should not be considered investment advice. Do not invest in IPOs with money you cannot afford to lose. (0:00) Intro(0:27) IPO Shutdown(1:51) Government Shutdown(4:28) IPO Implications(6:31) Unhelpful(7:00) Pending Market Conditions(7:58) Narrow Window(8:39) In Limbo Companies(10:27) Medline IPO(11:27) Upcoming IPO in 2026(12:22) Unintended Consequences(13:50) Axios Dan Primack(14:01) Looking Forward(14:44) IPO Radar News(16:10) Cerebras Series G(19:02) Cerebras IPO "Aspiration"(20:30) What is Cerebras?(21:25) Kraken IPO(22:50) Kraken Strategic Investor(25:25) Fervo Energy Fundraise(27:10) Fervo Energy IPO(27:37) Final Raise?(29:02) Next Level(30:55) Outro