Compound Interest from Semafor Business

Space is increasingly the province of the private sector, as companies like Voyager Technologies build lunar landers, missile defense systems, and space stations for the US government. Voyager CEO Dylan Taylor joins Liz and Rohan to discuss the business of space, how to send data centers into orbit, and why we should go to Mars. “Everyone is in the space industry,” he argues, “they just don’t know it yet.” Sign up to get the Semafor Business briefing in your inbox. This season of Compound Interest is in partnership with Amazon Business. Amazon Business is a trusted partner that transforms business buying by combining Amazon's vast selection, competitive pricing, and fast delivery with added tools and insights to help businesses simplify purchasing, manage spend, and buy smarter.

Hasbro traces its toy-making roots to 1860. But it’s increasingly an IP powerhouse, mining its collection of characters and universes for movies, video games, and AI-generated content. Chris Cocks tells Liz and Rohan about why adults are now the biggest toy buyers, the stunning success of “Magic: The Gathering,” and how AI will change toymaking. Plus: why Mr. Potato Head might become your customer service representative. Sign up to get the Semafor Business briefing in your inbox. This season of Compound Interest is in partnership with Amazon Business. Amazon Business is a trusted partner that transforms business buying by combining Amazon's vast selection, competitive pricing, and fast delivery with added tools and insights to help businesses simplify purchasing, manage spend, and buy smarter.

Orlando Bravo has more riding on the software comeback than anyone in the world. As founder and managing partner of Thoma Bravo, he oversees $172 billion of private-equity money, nearly all of it invested in corporate software. He tells Liz and Rohan why the SaaSpocalypse is over, why LBOs are so hard to do right now, and AI’s “giant sucking sound” in the capital markets. Sign up to get the Semafor Business briefing in your inbox. This season of Compound Interest is in partnership with Amazon Business. Amazon Business is a trusted partner that transforms business buying by combining Amazon's vast selection, competitive pricing, and fast delivery with added tools and insights to help businesses simplify purchasing, manage spend, and buy smarter.

The prices of land, power, construction equipment, and the laborers to run them are soaring, thanks to the AI data-center boom. That inflation now threatens to spill over into the rest of the economy, the president of the Chicago Fed warns. Liz and Rohan sit down with Austan Goolsbee to discuss AI inflation, whether the hyperscalers even care about interest rates, and whether the Fed should care about a world where robots do all the jobs. Sign up to get the Semafor Business briefing in your inbox. This season of Compound Interest is in partnership with Amazon Business. Amazon Business is a trusted partner that transforms business buying by combining Amazon's vast selection, competitive pricing, and fast delivery with added tools and insights to help businesses simplify purchasing, manage spend, and buy smarter.

Investors have been freaked out about private credit — what is it, why do I own it, and will it blow up? Liz and Rohan sit down with the co-CEOs of Blue Owl, the face of private-credit’s rise over the past decade, and the face of its troubles over the past year, to talk about whether investor jitters are overblown and where the firm goes from here (AI, obviously). Sign up to get the Semafor Business briefing in your inbox. This season of Compound Interest is in partnership with Amazon Business. Amazon Business is a trusted partner that transforms business buying by combining Amazon's vast selection, competitive pricing, and fast delivery with added tools and insights to help businesses simplify purchasing, manage spend, and buy smarter.