GIBBI, Today
In this newsletter I write the 5 most important news that I read in the day about businesses, media and sports in México and in the World.
Stories:
Via raises $492.9 million in IPO
Steelers lost its first game of the season
OpenAI board chair Bret Taylor: we’re in an AI bubble
Crawford-Alvarez bout draws biggest crowd in Vegas history
NFL start Saquon Barkley has invested millions in tech startups
Via raises $492.9 million in IPO (TechCrunch)
Via, the transit software startup that garnered attention for its consumer-facing on-demand shuttle service, has made its IPO debut. The company, as I have mentioned before, has been batting around plans for an IPO for years
Earlier this year, it filed confidentially for an IPO, the second time it took this step. But this time, Via took the big IPO leap. The company, which is known for its Citymapper mobile navigation app, said it sold 10.7 million shares for $46 per share
In all, Via raised $492.9 million at a $3.7 billion valuation. That’s just slightly above its $3.5 billion valuation that it garnered back in 2023 during its last venture raise
GIBBI View: Talking about cars, in the beginning of the year I was working in my startup GIBBI Carsharing, a customer to customer carsharing startup, where my goal is to connect people that want to rent their car to people that need to rent a car (for business or pleasure)
Steelers lost its first game of the season (GIBBI)
Yesterday Steelers lost 31-17 against Seahawks in NFL 2025 Season: Week #2, where Steelers made its debut in home, lost its first game of the season and fell to a 1-1 record
Steelers played a bad game in both unities (offense, defense) where Seahawks dominated the game but couldn’t get the advance until the last quarter and desire this victory
Steelers made several mistakes, where Aaron Rodgers threw 2 interceptions (one in red zone), were three times in red zone and scored only 10 points, and one big error in special teams (in the beginning of the last quarter) that was the game
GIBBI View: It’s going to be a tough season for the Steelers because the defense hasn’t been able to stop the running and passing game and has allowed 30+ points in first two games, and offense after the tremendous game in week #1, in this game couldn’t compete and were outplayed by Seahawks’ defense
OpenAI board chair Bret Taylor: we’re in an AI bubble (TechCrunch)
“I think it is both true that AI will transform the economy, and I think it will, like the internet, create huge amounts of economic value in the future,” Taylor said
“I think we’re also in a bubble, and a lot of people will lose a lot of money. I think both are absolutely true at the same time, and there’s a lot of historical precedent for both of those things being true at the same time, ” Taylor added
Specifically, Taylor compared today’s AI landscape to the dot-com bubble of the late ‘90s. While many companies failed when the bubble burst, he argued that “all the people in 1999 were kind of right”
GIBBI View: I agree with Taylor that we’re in an AI bubble but in the same time it’s different to what happened in dot-com, where I think that if for the middle of 2026 the AI startups don’t start to bring the results that they’ve promised I think that in that time the AI bubble will explode, but let’s see
Crawford-Alvarez bout draws biggest crowd in Vegas history (Front Office Sports)
The Terence Crawford–Canelo Alvarez match at Allegiant Stadium, one in which Crawford claimed the unified super middleweight title, drew an announced attendance of 70,482, representing by far the largest crowd ever to see a boxing match in Las Vegas in the city’s long run as a center for the sport
The gate revenue of $47.2 million was also the third-largest figure in boxing history, trailing only a 2015 bout between Floyd Mayweather and Manny Pacquiao and a 2017 fight between Mayweather and Conor McGregor
Beyond the raw turnout, there are other far-reaching implications. This was the first major boxing card produced by White and Saudi Arabia-based Turki Alalshikh and the Riyadh Season he oversees. The pair, along with UFC parent company TKO Group Holdings, are developing a far more expensive presence in boxing
GIBBI View: About this fight, it was a surprise because I thought that Canelo was going to win this boxing fight “easily” by unanimous decision, but Crawford dominated the fight and won “easily”, so it looks that Canelo can’t compete against top boxing players anymore and maybe he could start to think about the retirement?, we’ll see
NFL start Saquon Barkley has invested millions in tech startups (CNBC)
Saquon Barkley has earned nearly $80 million in NFL salary and bonuses since 2018. Instead of spending that money lavishly, the Philadelphia Eagles running back has invested millions of it in a variety of venture funds and tech startups
Those funds and startups reportedly include artificial intelligence firm Anthropic, Elon Musk-owned neurotech company Neuralink, prediction market Polymarket and venture capital fund Founders Fund, which is run by billionaire investor and political activist Peter Thiel
Barkley has endorsement deals with brands including Nike, Pepsi and Toyota. He earns an estimated $10 million per year from endorsements, sports marketing analyst Bob Dorfman told Front Office Sports in January
GIBBI View: I’ve written here several times that now the athletes are more educated about finances that former athletes, and for that reason I think that in 5 to 10 years from now we’ll see several athletes with $1B+ in wealth

