Spice World

This week: OpenAI completed a $122 billion investment round. Felix Salmon, Elizabeth Spiers, and Emily Peck discuss what this deal says about the private and public markets and try to wrap their heads around the astronomical valuations of OpenAI and SpaceX. 

Then, Maryland-based spice company, McCormick, announced it will merge with Unilever’s food division to create a new spice and sauce mega-company. The hosts discuss the unusual case of a smaller company absorbing a larger one, and why Unilever's stock is currently plummeting. 

Finally, the hosts break down the WNBA's landmark collective bargaining agreement and why Nobel laureate Claudia Goldin was the MVP of the negotiation. 

In the Slate Plus episode: The largest single home sale on record. 

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Podcast production by Jessamine Molli

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