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Based on average new for sale and rental listings July 24th through June 2025, number one trusted based on August 2025 proprietary survey

among real estate professionals. Anthropic is valued at least at $380 billion in OpenAI at least

at $830 billion, meaning even at those valuations,

more than a trillion dollars of value, it was created in the private markets,

away from the S&P 500, away from the NASDAQ 100.

Hello and welcome to the Barron Streetwise podcast.

I'm Jack Howe, and the voice you just heard,

that's Gil Luria. He's an analyst at D.A. Davidson who covers software where stocks have been

blown up. Gil has recommendations for software companies looking to win back investors,

and for investors looking for software stocks that can bounce back.

First, we'll say a few words about all birds.

And speaking of all birds, our own Jackson Cantrell, our audio producer is about to fly the nest a second time, right?

I mean, we have to frame this properly for what are sure to be irate listeners, because people have gotten the wrong idea. I've seen like in the comments, they say, you have to, you have to come up with more money to make Jackson's deal.

Seven, eight, nine figures, it doesn't matter.

Yeah, you got to stop me from entering the transfer portal.

But that's not really what's happened here.

What's happening here is you're busy out west doing your thriving startup and out of the goodness

...