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Hubspot stock +5% after report of Alphabet acquisition bid

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Top stories today:

  1. HubSpot stock +5% after report of Alphabet acquisition bid
  2. Sora against YouTube’s policy if it used videos for training: CEO
  3. Q1 startup valuations: early stage little changed, growth rises
  4. Crypto trading volume +93% MoM to $9.1T in Mar.

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

1. HubSpot stock +5% after report of Alphabet acquisition bid

  • Alphabet met with Morgan Stanley investment bankers about a potential offer.

  • Would be Alphabet’s largest acquisition ever.

  • Could be hard to get approval from the Biden administration, which has tried to block major tech mergers.

2. Sora would be against YouTube’s policy if it used videos for training: CEO

  • YouTube’s ToS allows for the scraping of title and description, but not video bits or its transcript, YouTube CEO Neal Mohan argued.

  • Google follows the same ToS to train Gemini.

    • “Some corpus” of YouTube being used for Gemini.

Our view: Google could be using all of YouTube to train Gemini, as the terms of service gives YouTube (and therefore Google) broad rights

  • Meet RAD AI—the tech startup that some of the biggest brands in the world are using to supercharge their digital marketing efforts. It's been called the “essential AI” for brands looking to attract new audiences and boost ROI.

  • Over 25 billion pieces of content are exchanged daily across the web. This is what the $633B MarTech and Data Analytics is fundamentally built on. RAD AI’s technology analyzes this entire universe for the sole purpose of helping brands deliver content and ROI.

  • Tripled revenue, attracting clients like MGM, Skechers, and Sweetgreen, and raised $27M from 6,500+ backers, including VCs and leaders at Google, Amazon, and Meta, with backing from Adobe's Fund for Design. 

* Sponsored. Disclaimer: This is a paid advertisement for RAD AI’s Regulation CF offering. Please read the offering circular at invest.radintel.ai.

4. Q1 startup valuations: early stage little changed, growth rises, late-stage falls sharply

The median series seed valuation inched up to $15M, as Series A inched down to $44M:

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