The IPO Comeback: Why Tech Giants Are Finally Going Public | All-In Liquidity IPO Panel
June 6, 2026
AI Summary
5 min read🎙️ The Speakers & Context
- The Format: Moderated panel discussion with audience Q&A elements.
- The Key Players:
- Jason Calacanis: Host/moderator of the All-In podcast, focused on startup outcomes and public market access.
- Brad Gerstner: Founder of Altimeter Capital; provides investor perspective on IPO timing and capital allocation.
- Will Marshall: Co-founder and CEO of Planet Labs; expert in satellite Earth imaging and space infrastructure economics.
- Andrew Feldman: Founder and CEO of Cerebras; authority on custom AI silicon and domain-specific architectures.
- The Vibe: Technical and reflective, with emphasis on execution realities over hype.
🎣 The Executive Hook
- The "One Big Idea": The convergence of AI and space infrastructure will shift the majority of compute workloads off-planet within a decade, driven by launch cost declines and continuous solar power economics that make terrestrial data centers structurally uncompetitive.
- Why It Matters: This reframes AI infrastructure from a power-constrained terrestrial problem into a capital allocation decision between Earth and orbit, with first-mover advantages accruing to companies that control both data collection and specialized silicon.
Continue reading the full summary in the app — free to try.
Read Full Summary →Free • No credit card required
What you'll learn
- 1 (00:00) **🎙️ Introduction: Brad Gerstner, Will Marshall, and Andrew Feldman**
- 2 (02:44) **Going Public: The Experience and Reality**
- 3 (08:20) **Planet Labs: From Data Source to AI-Powered Earth Intelligence**
- 4 (13:17) **Space-Based Data Centers: The Next Frontier**
- 5 (19:29) **Cerebras: Rebuilding AI Silicon**
- 6 (24:49) **Investor Journeys: Lockups, Dribbles, and Public Market Returns**
- 7 (28:54) **The Pendulum Swings Back to Public Markets**
+ Full timestamped outline available in the app
Show Notes
(0:00) CEOs Andrew Feldman (Cerebras) and Will Marshall (Planet Labs) join the Besties!
(2:05) Both CEOs on going public: Impact on employees, customers, and business operations
(13:18) Timelines for datacenters in space
(19:28) Cerebras business breakdown, AI's impact on the silicon market
(24:45) How Founder/CEOs think about liquidity on the road to going public
Thanks to our partners for making this possible!
EY - Great tech starts with a big idea. From startup to scale, EY helps tech founders get financials right early so they can focus on what's next.
https://www.ey.com/en_us/tech-sector/tech-startups?WT.mc_id=3501317&AA.tsrc=sponsorship
NYSE - Thank you to our partner, the New York Stock Exchange - a modern marketplace and exchange for building the future. It all happens at the NYSE.
Plaud - Never miss a moment. Plaud, our official wearable AI note-taking partner at All-In Liquidity Summit, captured every insight.
Follow Brad Gerstner:
Follow Andrew Feldman:
Follow Will Marshall:
Apply for Summit 2026:
https://allin.com/events
Follow the besties:
https://x.com/chamath
https://x.com/Jason
https://x.com/DavidSacks
https://x.com/friedberg
Follow on X:
https://x.com/theallinpod
Follow on Instagram:
https://www.instagram.com/theallinpod
Follow on TikTok:
https://www.tiktok.com/@theallinpod
Follow on LinkedIn:
https://www.linkedin.com/company/allinpod
Intro Music Credit:
https://rb.gy/tppkzl
https://x.com/yung_spielburg
More from this podcast
All-In with Chamath, Jason, Sacks & Friedberg →