Patrick Ryan

2 episodes · 2 moments · last on 15 May 2026

15 May 2026Nebius Earnings, Fractile $220M, Orbital Data Centres, Recursive $4.6B, Metaview Sponsor

56:5928 min

Patrick Ryan (Odin) on Anthropic's SPV Statement

Returning guest Patrick Ryan of Odin breaks down Anthropic and OpenAI's same-day help-center statements declaring unauthorized share transfers void, sorting those affected into frauds, multi-layered SPV holders, and legitimate shareholders. He explains how most secondaries actually work via forwards and contracts for difference, the Section 12G shareholder-count trigger, why companies are cleaning up cap tables ahead of IPOs, predatory retail products like Solana "pre-stocks," whether late-stage giants should simply be public, and how hype-driven capital allocation leaves value in non-AI sectors like robotics, bio, and energy.

17 Apr 2026Allbirds Does AI, Snap Layoffs, SovAI’s £500M, Jensen Not A Loser, UK Stablecoins

1:00:3019 min

Patrick Ryan (Odin): Delaware Expansion + VC Trivia

Patrick Ryan, co-founder of Odin, joins for a segment on the show's VC trivia game. He discusses Odin's Delaware expansion and rebrand for cross-Atlantic venture fund administration, the hot secondary market and private-company access tokens, UK versus US fund regulation, then competes in a true-or-false quiz on round sizes, solo founders, and founder age.