Here\u2019s what Natasha and Danny and Alex got into this week:\n\n The public markets are afire these days with Apple reaching $2 trillion in market cap, and Tesla\u2019s stock doing all sorts of odd things. In short, stocks have only gone up for a while and that means that there\u2019s warm, nigh-stuffy temperatures around assets of all types.\n This is leading to a surge in liquidity, unsurprisingly, as asset managers of all types look to take advantage of the times. So, Asana is prepping a direct listing, Airbnb has filed privately, And ThredUp is eyeing an early-2021 IPO. Around the same time as Coinbase, we\u2019d reckon.\n Airbnb banned parties as well, which wound up being the title of the show.\n And SPACs are still happening in rapid-fire fashion. The Equity crew is not super impressed about the whole affair, but I\u2019ll say that with Paul \u201cFucking\u201d Ryan involved, it\u2019s probably a sign of the top.\n And capping the liquidity chat, Natasha ran us through what Chamath is up to now, and Danny rabbited on about Kabbage.\n Funding rounds! Welcome raised a $1.4 million check that I covered, Labster raised $9 million that Natasha wrote about, Carrot Fertility picked up $24 million that we all thought was pretty smart, and our friends at Crunchbase News wrote about PadSplit, which is honestly neat but we ran low on time after spending too much time on SPACs. Check them out here.\n\nWhew! We\u2019re doing a lot over at TechCrunch.com, so, stay tuned and know that if we were a bit frazzled this week it\u2019s because we\u2019re working our backends off to bring you neat things. You will dig \u2019em.\n\nOk, chat Monday, a show that we\u2019re already planning. Stay cool!