The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for what we can even expect from a public tech company in 2026. On this episode of TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane break down what this IPO moment actually means beyond the headline numbers, and who stands to benefit. Listen to the full episode to hear: Why Apple’s biggest WWDC announcement might matter less than how they showed it, and what a $250M settlement had to do with the change How Waymo just turned Apple’s abandoned self-driving dream into its next big proving ground What a $920 million-per-month compute deal between Google and SpaceX says about who’s leading the AI infrastructure race How Sam Bankman-Fried’s pardon request and a new Zuckerberg biopic somehow ended with the Equity team getting cast by ChatGPT to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at .

The episode also explores how cybersecurity researchers aren’t happy about the guardrails on Anthropic’s Fable, and how Google just fired a warning shot in the AI subscription price wars. Additionally, the podcast highlights the growing influence of Anthropic’s Fable 5, which can make weirdly fun video games with the click of a button, and the significance of Apple Intelligence in the WWDC 2026 announcements. The discussion further touches on the evolving landscape of the transportation industry, including the impact of Waymo’s self-driving initiatives and the challenges faced by EV SPACs.

The podcast is hosted by Kirsten Korosec, Anthony Ha, and Sean O’Kane, who provide insights into the broader implications of these IPOs for the tech sector and the investment community. The episode serves as a comprehensive look at the current state of the tech industry and the potential future directions of major players in the space.

Source: techcrunch