EPISODE #12 - Neuralink’s FDA approval for chips in brains, Klarna posts strong Q1 financials, Instacart’s new ad business is big, AI: data ownership, every company needs to be an AI company | Pre-IPO Stock Podcast – Jun 5, 2023 | Clint Sorenson CFA, CMT,

Send us Fan MailNeuralink’s FDA approval for chips in brains, Klarna posts strong Q1 financials, Instacart’s new ad business is big, AI: data ownership, every company needs to be an AI company | Pre-IPO Stock Podcast – Jun 5, 2023 | Clint Sorenson CFA, CMT, Nick Fusco, Jud Mackrill, Aaron DillonNeuralink’s FDA approval for chips in brains- Neuralink could revolutionize healthcare and other industries by providing solutions for conditions like Parkinson's, Alzheimer's, and paralysis- Neuralink has long-term applications in the military and technological sectors- Neuralink's FDA approval marks a major milestone in the pursuit of merging humans with technology to enhance human capabilities and address medical challenges- Neuralink, a company focused on connecting the human brain to the internet through a brain-computer chip, recently obtained FDA approval for a human trial. Neuralink has a $1.7b valuation as of its last primary financing round.Klarna posts strong Q1 financials- Buy now pay later can be predatory in nature of such services- Buy now pay later, a term loan, is better vs credit cards at 20% interest- FedNow, a fast and low-cost payment system in the US, which could impact the future of credit cards and debit cards- Klarna and Apple’s new financial services solutions could take market share from incumbents in the payment space- Klarna, a buy now pay later focused payments company, recently published its financials, reporting a 50% reduction in losses and a customer base of 150 million.Instacart’s new ad business is big- Instacart, a grocery delivery service, has entered the advertising business in a big way.- Brands may advertise through the Instacart platform, targeting specific demographics and locations.- By integrating advertisements into their service, Instacart aims to generate additional revenue and improve user experience.- Instacart's advertising strategy is seen as a way to drive scale, attract more users, and potentially eliminate delivery charges by leveraging the data they have on their customers.- Pre-IPO secondary market participants are not meeting on price.- Instacart’s current valuation has decreased by 74% from its peak in August 2021.AI: data ownership, every company needs to be an AI company- Data ownership for AI will be very important going forward- The winners and losers will be determined by who controls and monetizes the data.- Various use cases and the potential of AI are crucial for companies to invest in.- Incorporating AI into products is seen as essential for attracting capital and staying competitive.- In the future every company  will become an AI company, similar to the shift towards every company has become a tech company.