Equity Monday: A global selloff to kick off Disrupt week

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here. I also tweet.

A few things this morning:

  • I shook up the show format a little, including how the script came together and how it was organized. Hit me up on Twitter if you have notes.
  • Disrupt is this week, so strap thyself in for the best tech event of the year, coming to your living room. The Equity team is hosting — between the group of us — a zillion panels and one of the two stages. Come hang out with us. It’s going to be on heck of a show.

It’s going to be a very busy few days. Pour some extra coffee, and get hype.

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!

#amazon, #cars24, #china, #debt, #equity-monday, #equity-podcast, #evergrande, #fundings-exits, #india, #markets, #ovhcloud, #startups, #stocks

A knock against bootstrapping

Natasha and Mary Ann and Alex were all aboard this week under the guidance of Chris and Grace, which meant we had the full team. And speaking of teams, Mary Ann is joining the Friday show on a weekly basis now. She’s been a friend for years, and a colleague now twice-over for Natasha and Alex and we could not be more excited.

That personal news aside, here’s the rundown for today’s show!

Disrupt is next week, so expect some possible changes to the regular Equity show lineup if the news cycle gets dicey. Hugs!

Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#equity, #equity-podcast, #fundings-exits, #nord, #quizlet, #startups, #toast

Why bringing you emergency toothpaste could be big business

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

This is our Wednesday show, where we niche down to a single topic. This time ’round we took a look into the world of on-demand delivery in Europe, with an especial focus on the so-called “instant” grocery sector, and delivered convenience items. To help Natasha and Danny and Alex get through the subject, we lassoed TechCrunch alum and present-day VP at Zapp, a company in the sector under discussion, Steve O’Hear to chat with us.

We spent time chatting through the following:

  • Recent news from the sector, including that Turkey’s Getir has just raised a bucket of new capital, and that Weezy is looking to exit; the latter item wound up being important we got around to discussing consolidation in the space.
  • Steve gave us an overview of Zapp, and how its approach to infra could help its economics.
  • We chatted about GoPuff and its economic fortunes, which in fundraising terms are solid, even if questions regarding future profitability are still in play.
  • And regarding the ever-present pandemic question, Steve was bullish on consumer behavior staying where it is if — when? — the COVID-19 pandemic eventually leaves us.

We are back on Friday! Chat then!

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!

#convenience, #equity, #equity-podcast, #europe, #getir, #gopuff, #grocery-delivery, #instacart, #instant-delivery, #on-demand-delivery, #tc, #weezy, #zapp

The Equity crew riffs on the Intuit-Mailchimp news

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast where we unpack the numbers behind the headlines.

We are back! From this morning, I suppose. But the news cycle doesn’t wait for our publishing schedule, so the Equity crew got together to yammer all about the Intuit-Mailchimp acquisition.

A $12 billion deal composed of stock and cash, it’s a big one. And as Mailchimp has both a history of bootsrapping and a founding story in a non-Silicon Valley city we had lots to chat about.

As a general reminder, if you do listen to the show, hit us up on Twitter as we are doing more and more of these Spaces. They are good and relaxed fun, so don’t take them too seriously. We like to have fun.

Alright, Equity is back on Wednesday with our regularly scheduled programming. Chat then!

Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday at 6:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!

#equity, #equity-podcast, #fundings-exits, #intuit, #mailchimp, #startups

TikTok, influencers on the clock

Alex is on a well-deserved vacation this week, so for the Equity Wednesday deep dive, we took the conversation to Twitter Spaces. Danny, Mary Ann and Jonathan Metrick, the chief growth officer at Portage Ventures, dove into growth marketing. You can listen to the full episode on the Equity Podcast feed.

This conversation was spurred by the TechCrunch Experts project, where we’re looking for the best growth marketers for startups. Metrick was recommended to us in July (you can read his featured recommendation in our growth roundup) and we were eager to learn from his experience.

Help TechCrunch find the best growth marketers for startups.

Provide a recommendation in this quick survey and we’ll share the results with everybody.

In this conversation, we cover:

  • Influencers taking on the marketing world
  • The challenges marketers face with iOS 14
  • How Metrick sees trends developing geographically
  • What holiday advertising might look like in 2021
  • How to build a growth marketing team

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!

#ec-growth-marketing, #equity, #equity-podcast, #experts, #growth-marketing, #influencers, #marketing, #podcasts, #social-marketing, #startups, #tc, #tik-tok, #verified-experts

Private equity giveth, and private equity taketh away

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

Natasha and Alex and Grace and Chris gathered to dig through the week’s biggest happenings, including some news of our own. As a note, Equity’s Monday episode will be landing next Tuesday, thanks to a national holiday here in the United States. And we have something special planned for Wednesday, so stay tuned.

Ok! Here’s the rundown from the show:

That’s a wrap from us for the week! Keep your head atop your shoulders and have a great weekend!

Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#allbirds, #compound-foods, #databricks, #drift, #equity-podcast, #hum-capital, #ipo, #s-1, #sustainability, #tc, #toast, #vista-equity-partners, #y-combinator

Equity Monday: Y Combinator Demo Day Approaches

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here. I also tweet.

We are heading into a simply crazy week, so make sure that you keep Twitter pulled up as often as you can. Why?

Alright! That’s our show! Let’s get to work!

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!

#astra, #china, #demo-day, #equity-monday, #equity-podcast, #freshworks, #fundings-exits, #india, #ola-electric, #space, #startups, #toast, #vietcetera, #y-combinator

The pure hell of managing your JPEGs

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

Natasha and Alex and Grace and Chris were joined by none other than TechCrunch’s own Mary Ann Azevedo, in her first-ever appearance on the show. She’s pretty much the best person and we’re stoked to have her on the pod.

And it was good that Mary Ann was on the show this week as she wrote about half the dang site. Which meant that we got to include all sorts of her work in the rundown. Here’s the agenda:

And that’s a wrap, for, well, at least the next 5 seconds.
Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#boston, #brazil, #brex, #design, #dropbox, #equity, #equity-podcast, #fintech, #flink, #fundings-exits, #grammarly, #latam, #latin-america, #noredink, #nubank, #playbook, #ramp, #startups

Politico sells, Forbes SPACs and Vice cuts

The Equity crew felt that there was enough media news out recently that we simply had no choice but to fire up a Twitter Space and have a chat. The above episode is a discussion of a few things, in a loose and relaxed manner, so don’t take any of the Verizon jokes too seriously, Verizon, as we still work for you. For a few more days.

Regardless, here’s what Danny and Alex got into:

  • Politico sells for $1 billion: Its new parent company Axel Springer is also buying the rest of Politico Europe and all of Protocol at the same time. This deal exploded everyone’s Twitter feed due to its scale, and the fact that it was one heck of an exit for a media company. One billion dollars? For media? In this economy? Yes!
  • Forbes is going public via a SPAC: Yep, the venerable Forbes magazing and its enormous digital arm are taking the blank-check route to the public markets, which means that we got its numbers and time to stroll through them. Our take is that Forbes has done massive work to take its IRL brand and extend it into the digital world. The company has big plans to boot, and will be worth more than $800 million when it combines.
  • Layoffs hit Vice: As Vice turns its focus to video content — you’ve heard this story before — it is shedding some of its editorial staff. The layoffs were a stinkbomb on Media Twitter after the other news of the week, but were sadly not a huge surprise. The company’s union decried them as something of a yearly recurrence. Not good, not good at all.

And there’s more media news to come. Our parent company Verizon Media is expected to close its sale to Apollo on September 1 or sometime soon after, which means we will either be hosting Equity regularly as always, or we’ll be hosting the RUDE (Recently Unemployed Due to (Private) Equity) podcast.

Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#equity, #equity-podcast, #forbes, #fundings-exits, #morning-brew, #podcasts, #politico, #startups, #vice

OnlyFans’ policy change is a tale as old as the internet

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines.

For our Wednesday show this week, Natasha and Alex and Danny had colleague Amanda Silberling on the show to help us parse through OnlyFans’ precedent-setting move to ban sexually-explicit content on its service. The decision was a bolt from the blue for many of its creators, a great portion of whom created and monetized adult videos and images through the subscription service. It also stirred up a ton of debate around fintech, crypto, venture capital, and the morality of decision-makers.

We put all the facts in context for you, hitting the following points:

  • OnlyFans’ recently leaked financials. Of course, the company’s historical, and projected revenues are now dated thanks to the platform’s planned content changes, but all the same the numbers help put into context just how much money OnlyFans’ adult creators were earning on its platform.
  • The leaked financials were part of a pitch deck that the company was using on its plight to raise more capital – an endeavor that has apparently been challenging for the startup. This tension made us think about the role that venture capital plays in funding vice startups, and why a tiny clause may stop many from getting into the game. Let’s just say, the money behind the money has a way of having weight.
  • And finally, we wondered what might be ahead for adult-content creators. Per Silberling, the world of adult content has ever been in flux, with creators and other sex workers moving from platform to platform as corporate policies, and national laws evolved. To see OnlyFans wind up where Patreon and Tumblr previously tread is not a complete surprise.
Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#equity, #equity-podcast, #fundings-exits, #onlyfans, #patreon, #startups, #tumblr

Men are a niche demographic

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

Danny was back, joining Natasha and Alex and Grace and Chris to chat through the week’s coming and goings. But, before we get to the official news, here’s some personal news: Danny is stepping back from his role as co-host of the Friday show! Yes, Mr. Crichton will still take part in our mid-week, deep dive episodes, but this is the conclusion of his run as part of the news roundup. We will miss him, glad that his transitions and wit will continue to be part of the Equity universe.

Who will take the third chair? Well, stay tuned. We have some neat things planned.

Now, the rundown:

Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#brazil, #carta, #chime, #databricks, #decacorns, #discord, #equity, #equity-podcast, #fundings-exits, #informed, #launch-house, #maven, #media, #monte-carlo, #news-economics, #nuvemshop, #startups, #unicorns, #yik-yak

The hottest fintech market you aren’t paying attention to

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

For our Wednesday show this week, Natasha and Alex and Danny had colleague Tage Kene-Okafor on the show to chat about the burgeoning African startup scene. Tage has become TechCrunch’s key correspondent in the area, chronicling the continents expanding venture capital totals, public company performance, and startup ecosystem.

Given that we’ve paid attention to just how much money African startups are raising, we wanted to have Tage on to give us a better, deeper understanding of the continent’s technology activity. Here’s what we got into:

  • The power of Y Combinator in Africa: Is the well-known American accelerator a kingmaker in Africa? Or are we merely seeing more of its activity thanks to our own information biases?
  • Fintech as core focus: As in many markets, fintech investment and startup activity stand out in Africa. We wanted to better understand why that’s the case in Africa, and what startups are building in the realm of financial technology.
  • African ecommerce: The continent’s ecommerce market is perhaps best known through the lens of Jumia, a public tech company that works in the sale of goods online, and their delivery. How quickly is ecommerce growing in Africa, and which startups could be the next breakouts? We asked Tage.

Equity is back on Friday with our weekly news roundup!

Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#africa, #african-startups, #equity, #equity-podcast, #tc

Crypto’s coming of age moment

This week Danny and Alex and Chris took to Twitter Spaces to chat about the current state of the crypto economy, and hang out with friends in a live Twitter Space. We’re doing more of these, so make sure that you are following the show on Twitter.

As a small programming note, I forgot to tell the folks who chimed in during the chat that we were recording it, so we had to cut most the Q&A portion of the show. We got Ezra’s permission, thankfully. The mixup was a bummer as we learned a lot. In the future, we’ll not make that mistake and keep all the voices.

So, what did we talk about? The following:

Ok, we’re back Monday with your regularly scheduled programming!

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday morning at 7:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

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#bitcoin, #coinbase, #cryptocurrency, #equity, #equity-podcast, #fundings-exits, #startups

Don’t give your weed dealer all your data

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

Our beloved Danny was back, joining Natasha and Alex and Grace and Chris to chat through yet another incredibly busy week. As a window into our process, every week we tell one another that the next week we’ll cut the show down to size. Then the week is so interesting that we end up cutting a lot of news, but also keeping a lot of news. The chaotic process is a work in progress, but it means that the end result is always what we decided we can’t not talk about.

Here’s what we got into:

Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#climate-change, #cloud-100, #data, #disaster-tech, #dreamforce, #edtech, #equity, #equity-podcast, #felt, #figma, #fundings-exits, #gusto, #india, #ipcc-report, #mailchimp, #pave, #ransomware, #rapidsos, #salesforce, #startups, #surfside, #trendyol, #turkey, #upgrad

When the economic tide goes out, we’ll see which VCs are naked

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

This week we were back to full strength, with Danny Natasha and Alex joined by Chris to chat through the latest venture capital brouhaha. Namely whether or not venture capital is about to get shaken to its core, or if we’re really parsing some long-term economic trends that will eventually revert.

Here’s a rundown:

  • Sam Lessin kicked off the Twitter conversation by positing that venture capital as we know it is kaput, with software and later-stage investing possibly seeing the most disruption.
  • Both Alex and Crunchbase News posted responses to the concept, which could best be summarized as yeah, but.
  • However, the point that there is a lot of non-venture money flooding into startups is both real and material, and worth chewing on. So, masticate we did, parsing which areas of startup investing might be the most winsome for the VCs we spend so very much time talking to,

The direction and future of the venture capital world has largely been lost amidst a sea of large numbers. New megarounds. New unicorns. That sort of thing. But inside the rising tide of capital available to private companies has been a mix-shift of sorts. The question is where that goes long-term. We tried to posit a few things that could happen next.

Equity is back on Friday!

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Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#equity, #equity-podcast, #fundings-exits, #startups, #venture-capital

When the goals of PR and journalism don’t align

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

For our Wednesday show this week, Natasha and Alex hosted a PR roundtable. Yep, our promise back when Alex Konrad came on the program to chat funding rounds is being fulfilled. Here’s who joined us:

We had a few things to chat about, so we broke the show into a few sections:

  • Today’s PR world: The impact of COVID-19, burnout, what their work entails, and some tips for startups.
  • The sheer pace of news today: The evolution of client expectations, managing clients themselves, and burnout.
  • Tech vs. Media: We chatted content marketing, sharing details with the press, and why the media never shares drafts of stories before they go out.

Frankly it was a very good time and a fun chat. Shoutout to our guests for arriving early and being very put together. May all podcast guests in the future learn from such efforts. One guest was even wearing a shirt with a collar! In 2021! We were impressed.

Recall that Equity is off the rest of the week so that we can recharge and retool a bit. Hugs!

Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#equity, #equity-podcast, #tc

Growth is not enough

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

We were a smaller team this week, with Natasha and Alex together with Grace and Chris to sort through a week that brought together both this quarter’s earnings cycle, and the Q3 IPO rush. So, it was just a little busy!

Before we get to topics, however, a note that we are having a lot of fun recording these live on Twitter Spaces. We’ve found a hacky way to capture local audio and also share the chats live. So, hit us up on Twitter so you can hang out with us. It’s fun – and we may even bring you up on stage to play guest host.

Ok, now, to the Great List of Subjects:

Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#alphabet, #ascap, #class, #contentful, #earnings, #electric-vehicles, #equity, #equity-podcast, #fundings-exits, #lordstown-motors, #microsoft, #oova, #peppy, #redwood-materials, #robinhood, #robinhood-ipo, #shopify, #softbank, #squire, #startups, #tesla, #tiger-global

The mmhmm story and how it plans to spend its $100M

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

For our Wednesday show this week, Natasha and Alex Chris had prior Equity guest Phil Libin back for a chat. Libin was first on our show a while back to chat about his startup studio. But since then, he’s been a little busy.

You may recall that mmhmm, Libin’s project to build a better video communication service, raised $100 million the other week. And we here on the Equity pod made a little bit of fun at the number. It was just so very much money for a roughly one year old company. What was the company going to use it for?

Well, Libin’s folks got in touch and so we decided to just have him on to chat. And we wanted him back because he was one of the most memorable guests on the show, frankly, thanks to his candor the last time around.

So, what did we get into? A refresh on the mmhmm story, and notes from Libin about what’s ahead for his company. It certainly has the cash to pursue its vision. But as we learned, building software for a variety of platforms comes with challenges. Challenges that are ameliorated by having lots of smart staff. So, that’s where the money is going.

Regardless, it was good sporting of Libin to come back for another chat. Equity is back Friday morning with our news roundup. Make sure to follow the show on Twitter, as we’re doing the odd Twitter space that you won’t want to miss.

Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#equity, #equity-podcast, #mmhmm, #phil-libin, #tc

Duolingo’s bellwether IPO

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

We were smaller team this week, with Natasha and Alex together with Chris to sort through yet another summer frenzy of a week.

This time around we actually recorded live on Twitter Spaces, which was a first for the podcast. If you missed it, it’s probably because we didn’t promote the taping since it was just an experiment. Good news, though, is that it went well, and we’re going to some more live tapings of the show with the entire crew on the mics. Make sure to follow the show on the Big Tweet to ensure that you can come hang with us next week. We’ll also do some Q&A at the end, if we’re in good moods.

Until then, let’s live in the present. Here’s what we got into in today’s show:

Have a lovely weekend, you lovely human.
Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#bolt, #clubhouse, #crypto, #duolingo, #edtech, #equity, #equity-podcast, #europe, #fundings-exits, #index, #index-ventures, #language-learning, #mural, #newcampus, #numerade, #opensea, #sololearn, #spreadsheet-com, #startups, #twitter, #twitter-live, #venture-capital

How WeWork’s Adam Neumann made a pigeon look like a swan

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

For this week’s deep dive, Alex and Natasha took a trip down memory lane to the great WeWork saga. We had WSJ reporter and author Eliot Brown on the show to chat about his new book, The Cult of We, written with his colleague Maureen Farrell. You can snag it here if you haven’t already.

Brown and Farrell were key reporting voices during WeWork’s rise, and fall, covering the company’s growth, hijinks, and demise.

Recently, WeWork has filed to go public via a SPAC, bringing the co-working startup to the public markets years after it initially tried for an IPO. It will debut at a fraction of the value that it once commanded on the private markets.

While we had Brown on the show, we took the time to dive into how he handled reporting the WeWork story, what his take is on today’s startup market, and how the tech media in general can do a better job. It felt like a masterclass for journalists and founders alike, which we’d argue is Equity’s sweet spot.

What lessons can we take away from WeWork’s rise and fall? At a very basic level, that companies with slim gross margins are not software companies and should not be valued as such. And that allowing founders to have monarchical control of their company goes against historical norms of good corporate governance, which isn’t so smart.

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!

#equity, #equity-podcast, #tc, #wework

Equity Monday: Zoom buys Five9 as Robinhood sets IPO price range

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here.

It was a big damn morning, so we had to cut some stuff. Here’s what we got into:

  • Stocks and cryptos are off this morning, as inflation and COVID-19 concerns rise.
  • Zoom is buying Five9. The deal is not super expensive, nor is it cheap. But given the huge percentage of Zoom’s market cap that it represents, it’s a serious wager from the video conferencing startup.
  • Carlyle is buying LiveU for around $400 million. TechCrunch broke this news. The deal shows that private equity interest in startups that aren’t unicorns.
  • Robinhood dropped a new SEC filing this morning! That means we have a price range and valuation target to play with. More from TechCrunch on the matter shortly.
  • From India: A huge round for Lenskart, and a big Series A for GlobalBees.
  • And we covered this round from Nigeria. A smaller transaction, but one that could prove to be quite neat, we reckon.

Ok! Chat Wednesday!

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!

#carlyle, #chaka, #crypto, #cryptocurrency, #equity, #equity-podcast, #five9, #fundings-exits, #globalbees, #india, #lenskart, #liveu, #nigeria, #public-market, #robinhood, #robinhood-ipo, #startups, #zoom

The price differential for engineers is declining

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines.

The whole crew was here this week, with Danny and Natasha and Alex  together with Grace and Chris to sort through a very, very busy week. Yep, somehow it is Friday again which means it’s time for our weekly news roundup.

Here’s what we got to in our short window of time:

Like we said, a busy week! Chat you all on Monday morning, early.

Equity drops every Monday at 7:00 a.m. PDT, Wednesday, and Friday morning at 7:00 a.m. PDT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#affirm, #ai, #apple, #artificial-intelligence, #beyond-meat, #bnpl, #china, #chorus-ai, #commodity-capital, #discord, #early-stage-startup, #edtech, #emerging-fund-manager, #equity, #equity-podcast, #fintech, #gourmey, #india, #ipo, #jianzhi-education, #klarna, #next-gen-foods, #nooks, #public-market, #reddit, #sentropy, #tc, #venture-capital, #virtual-hq, #zomato, #zoominfo

Your funding round isn’t special, but you might be

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

For this week’s deep dive, Alex and Natasha and Danny decided it was time to chat about funding rounds. Yep, everyone’s favorite topic, just in time for the return of our wonderful producer Chris.

To help us navigate these particular waters, we had our friend and friendly competitor Alex Konrad on the show. Konrad is a senior editor over at Forbes, and part of the founding duo behind the Midas Touch newsletter. We like him – and his puppy!

With four of us around the Zoom table, here’s what we got into:

  • An overview of the venture capital market in Q2. You can read TechCrunch’s coverage of the global numbers here, and our further exploration of the US market here. TechCrunch has more coming on the matter, so stay tuned.
  • While the show includes the staggering statistics on the current funding frenzy, we soon broadened the conversation to why it all matters.
  • Consider this a peek into the reporter’s notebook! We spoke about the supply and demand for covering funding rounds, the imbalance in who receives what money, and how an overall reader ad writer numbness to that $2 million pre-seed impacts the headlines.
  • Which landed us into our final section: how to stand out in the overall deluge of funding rounds. Here we all had a take, because all reporters find different things interesting. Here we answer questions about what metrics to pay attention to, how to be more than a number in your pitch, and the value of talking about topics other than your startup’s success.

Thanks again to Alex K. for joining the show! Find him on Twitter,https://twitter.com/alexrkonrad and check out his work at Forbes.

Chat with everyone on Friday, a show that is already coming together to be a scorcher. A bit like the weather. Except in San Francisco. Natasha is cold!

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!

#early-stage, #equity, #equity-podcast, #funding-round, #fundings-exits, #startups, #venture-capital

Mmhmm, it’s the most ridiculous story we’ve ever heard

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

Danny and Alex were on deck this week, with Grace on the recording and edit. Natasha will be back with us starting next week. So, it was old times on the show with just two of our team to vamp on the news. And oh boy was there a lot of news to get into. Like, loads.

  • What’s going on with Didi? Didi’s woes have continued this week, with the company seeing its share price continue to fall. The Equity team’s view is that the era of Chinese companies listing in the United States is over.
  • What’s going on with facial recognition tech? With AnyVision raising a $235 million round, Danny and Alex tangled over the future of privacy, and what counts as good enough when it comes to keeping ourselves to ourselves.
  • Nextdoor is going public: Via a SPAC, mind, but the transaction had our tongues wagging about its history, growth, and how hard it can be to build a social network.
  • Dataminr buys WatchKeeper: In its first-ever acquisition, Dataminr bought a smaller company to help it better visualize the data it collects. It’s a neat deal, and especially fun given taht Dataminr should go public sooner rather than later.
  • Planet and Satellogic are going public: One week, two satellite SPACs. You can read more about Planet here, and Satellogic here.
  • FabricNano and Cloverly raise capital: Satellites had us into the concept of climate change, so we also dug into recent funding rounds from FabricNano and Cloverly. It’s beyond neat to see for-profit companies tackle our warming planet.
  • Two new venture capital funds: Acrylic has put together a $55 million fund for moonshot crypto work, while Renegade Partners has a $100 million fund for early-and-mid-stage generalist investments.
  • Mmhmm is big time: And then there was mmhmm. Which now has $100 million more, and some big plans. Our question is what it will do with the money. We’ll have to wait and find out, we suppose.

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday morning at 7:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#acrylic, #anyvision, #china, #climate-change, #cloverly, #crypto, #dataminr, #didi, #disaster-tech, #equity, #equity-podcast, #fabricnano, #fundings-exits, #global-warming, #mmhmm, #nextdoor, #planet, #renegade-partners, #satellite, #satellogic, #spac, #space, #startups, #tc, #watchkeeper

Tune in, SPAC on, drop LSD

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

For this week’s deep dive, Alex and Natasha and Danny decided that it was time to talk about drugs. No, not like drugs for fun, but instead drugs that you might have considered fun, but are now being redirected to help bolster your health.

Yep, that’s our theme today. As it turns out, there are a number of startups and even nascently public companies that are pursing using drugs that we might consider recreational for serious health purposes. Which is neat, as our habit of decrying any drug that makes you feel better as immoral has likely held us back from learning quite a lot about them.

Frankly this was a fun one to record, even if the topic at hand is actually rather serious. Chat Friday morning!

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!

#atai-life-sciences, #cb-insights, #compass-pathways, #drugs, #equity, #equity-podcast, #fundings-exits, #health, #mindmed, #nue-life-health, #osmind, #psychedelics, #startups

Didi gets hit by Chinese government, and Pelo raises $150M

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast where we unpack the numbers behind the headlines.

This is Equity Monday Tuesday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here.

What a busy weekend we missed while mostly hearing distant explosions and hugging our dogs close. Here’s a sampling of what we tried to recap on the show:

It’s going to be a busy week! Chat tomorrow.

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!

#ai, #byrd, #china, #didi, #equity, #equity-podcast, #funding, #fundings-exits, #india, #pleo, #startups, #twitter, #venture-capital

California has no water and lots of liquidity

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

Danny, Natasha, and Alex were on-deck this week, with Grace on the recording and edit. But, if you want to hear more about Robinhood, this is not the episode for you. If you want to learn more about the consumer fintech company’s IPO filing this is the episode you want. Basically, Robinhood filed after we had wrapped taping, so we had to do a special pod for the news.

So, this is the everything-but-Robinhood episode. And here’s what’s inside of it:

A four-episode week! With only Grace handling production! She’s amazing.

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday morning at 7:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#acceleprise, #articulate, #bessemer, #brave, #china, #daylight, #didi, #duolingo, #edtech, #equity, #equity-podcast, #fintech, #forum-ventures, #fundings-exits, #hinge-health, #ipo, #neeva, #peanut, #robinhood, #search, #sentinelone, #startups, #tc, #zipline

Robinhood is going public and we’re very excited

It’s a sweltering day here in New York City, and that means Wall Street is on fire, and so is Robinhood, apparently. The popular stock trading app officially filed its Form S-1 with the SEC a few hours ago to go public, where it will trade under the ticker “HOOD.”

The Equity crew has been yammering about Robinhood for years now, and we have been chomping on the bit to see those S-1 results for what feels like ages. Well, we finally got the numbers, we chomped that bit (or at least Alex and Danny did, since Natasha went on vacation about 15 minutes before the IPO hit the wires), and so here’s a special Equity Shot to talk about all the highlights.

We talked about so much in an itsy-bitsy 15-minute episode: crazy revenue growth, crazy revenue concentration from two major sources, regulatory hurdles that the company has been clearing up, better financials with a bit of nuance on the company’s Q1 finances, and the company’s special plan for its IPO.

Wowza.

Here’s what we got up to:

  • Historical growth and profitability.
  • Revenue mix and revenue concentration, along with constituent concerns.
  • The importance of options-related incomes for the company.
  • Dogecoin.
  • Why the company’s adjusted income may help it assuage investors who have their eyes pop out of their skulls when they see its GAAP Q1 2021 results.

And a lot more. Of course, if you hate Robinhood, we will be back with our normally-scheduled Friday episode of Equity tomorrow.

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday morning at 7:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#crypto, #dogecoin, #equity-podcast, #exit, #finance, #fundings-exits, #ipo, #podcasts, #robinhood, #s-1, #sec, #startups

Dear economy, creators aren’t fragile plants

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

For this week’s deep dive, Alex and Natasha brought on Alexis Gay, a former operator at Patreon who now makes her living as comedian and podcast host, to talk about the creator economy — including our disdain for that horrid phrasing. You may know her from her cheeky, on point shorts about tech culture (and tech Twitter).

Gay gave us an honest look into the life of creator helper turned creator actual, admitting that her current job path wasn’t possible in 2018. Somewhere, somehow, a VC in the distance heard that admittance as an opportunity to back a creator economy startup.

Here’s what we got into:

  • Gay’s experience at Patreon, and why she left. Alex had some thoughts on the theme. It appears that growing list of creator-focused tools could increase the vapor pressure of folks who write, talk, art, and otherwise create, regarding their present-day employment.
  • Why one size doesn’t fit all when it comes to the diverse world of folks engaged in creative work. We also dipped our toes into the issue of indie creators needing to be CEOs as well as artists.
  • We chatted on Vibely, a startup that wants to make interactions with creators ~ multi-directional~ and what it says about scaling time.
  • We also got into what an average day looks like for a full-time creator-comedian-podcaster, why she’s annoyed with how creators are discussed by founders and investors, and the tooling she hopes to see in the future.
  • And, well, we had to ask her if she’s starting a rolling fund too.

All told, if you care about the economics of the creative world and want to add some nuance to your theories about it, it’s a fun episode.

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday morning at 7:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#alexis-gay, #creator-economy, #equity, #equity-podcast, #fundings-exits, #patreon, #startups, #tc, #venture-capital, #vibely

Equity Monday: Big iPads, and Ballmer-era Google

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here.

First, happy belated birthday to Chris Gates, one of the founding members of the show. His birthday was yesterday, and while he’s on vacation for two weeks, we still wanted to give him a shoutout. Chris is a very good person, a good friend, a good father, a good partner. He’s kind, supportive, and hilarious. And he has a very good beard.

But Equity waits for no single person, regardless of their merit, so on we went! Here’s today’s show:

The Equity crew is back on Wednesday for our deep-dive, this week focusing on the creator economy which should be good fun. Chat then!

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 AM PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!

#binance, #botrista, #ecommerce, #equity, #equity-podcast, #fundings-exits, #google, #ipad, #slice, #startups, #surface, #thursday, #venmo

Equity Extras: Q&A from the live show

Hey Equity fam, we have a small clip of extra for you today. After our live show — listen to the recording here, it was good fun — we got to take a few questions from the audience, audio that was not included in the main episode as we didn’t have the time. But we’ve cut it out, given it a short polish, and have it for you today.

If you wanted even more Equity, here you go!

As a small note from the team, we know that this week’s Wednesday episode didn’t have the best audio quality. And to do a Twitter Spaces experiment the same week as a live show might have felt like a lot of change. Don’t worry, it just worked out that way. Equity will keep tinkering and having fun, but we’re back to normal next week.

Enjoy the Q&A, and we’ll see you at our next live show!

— Grace, Chris, Natasha, Danny, and Alex

#equity, #equity-podcast, #fundings-exits, #startups

Equity Live: This is what leadership smells like

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

This week we did something fun and different and good: a live show! A good number of people came, and asked questions, and altogether, it was a blast.

Danny, Natasha, and Alex had a lovely time with the regular work, while Grace and Chris and Kevin made the whole operation function. We’ll likely post a bonus episode of the Q&A on Saturday if people are interested in Equity After Hours.

That aside, what did we talk about in a longer-than-usual episode? Here’s the rundown:

It’s always fun to play around with our show, and thank you to everyone who came out and supported us in our first-ever, but probably not last-ever, virtual live show. We are back to regular, however, starting Monday.

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday morning at 7:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#a16z, #academy-investor-network, #buzzfeed, #crypto, #diversity, #early-stage, #edtech, #equity, #equity-podcast, #figma, #fintech, #fund, #fundings-exits, #insight-partners, #majority, #mfast, #military, #neobanks, #spac, #startups, #vietnam, #waitwhat

How many lives does bitcoin have?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

For this week’s deep dive Danny, Alex, and a bunch of the TechCrunch crew took on the recent happenings in the world of bitcoin. In a break from our regular format, we recorded live from a Twitter Space — it’s like a Clubhouse, but closer to where your social network is — so the audio quality is not going to be Utterly Perfect. But we think the conversation will more than make up for it!

Before we get into the show notes, do not forget that we’re recording Equity live on Hopin Thursday the 24th. Come hang with us and have some fun. It’s free, of course, and should be a good time. Details here, sign up here!

So what did we get into? A lot!

  • Recent price changes to the value of major coins
  • The impact of China on the larger crypto ecosystem
  • What’s the latest from the NFT craze?
  • Are DAOs, you know, actually a thing?

And more. A big thanks to Romain Dillet and Lucas Matney for hanging with us, Drew Olanoff for hosting, and Chris Gates for snagging the audio and making it all work.

See you tomorrow!

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday morning at 7:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#bitcoin, #cryptocurrency, #equity, #equity-podcast, #fundings-exits, #startups

Equity Monday: China hates crypto, and the Vision Fund’s vision lives on

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here.

Our live show is this week! And we’re very excited about it! Details here, and you can register here. It’s free, of course, so swing by and hang with us.

Back on theme, we had a lot to get through this morning, so inside the show you can find the following and more:

  • The Chinese cryptocurrency clampdown is a big damn deal: With lots of the nation’s mining capacity heading offline, there’s a scramble to relocate rigs and generally figure out what a crypto market sans China might look like.
  • In the wake of the news, the value of cryptocurrencies fell. As did shares of Coinbase this morning in pre-market trading.
  • Facebook’s Clubhouse rival is out. The American social giant follows Spotify into the live-audio market. You have to give it to modern software companies, who thought that they could be both leading tech shops and Kinko’s clones at the same time?
  • Revolut is unprofitable as hell but increasingly less so. That could be good news for fintech as a whole.
  • Amber Group raised $100 million; Forto raised $240 million.

See you this Thursday at the live show!

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 AM PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!

#audio, #china, #clubhouse, #coinbase, #crypto, #cryptocurrencies, #equity-monday, #equity-podcast, #facebook, #fintech, #forto, #fundings-exits, #neobank, #revolut, #spotify, #startups, #stock-market, #vision-fund

Register to watch a livestream recording of the Equity podcast!

Throughout its four or so years of life, the Equity podcast crew has had the good fortune to record a few live shows. We’ve sat on the small stage at TechCrunch Disrupt, for example, with Garry Tan one year, and Charles Hudson another. We’ve also adventured to other venues and events with varying levels of success.

But it’s 2021 and there are no IRL events coming up, so we’re bringing back the live show, but on Hopin. That means that no matter where you are, you can swing by, talk a little shit with us, troll Danny in the comments, and generally have a good time as we try to remember how to be charismatic.

And you will be able to see the show recorded before Chris and Grace cut out all the awkward mistakes, ums, pauses, and other shenanigans that you miss in the finished versions that we send out.

It’s free, of course, so click here to register, and here to add the shindig to your calendar. If it goes well, we’ll probably get to do more. So, please do swing by if you are free. We’d love to see you.

More details:

  • June 24 at 2:00PM PT
  • Get your ticket HERE

Chat soon! — The Equity Team

 

#equity-podcast, #tc

The huge TAM of fake breaded chicken bits

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

We’re closing our survey soon, so this is your last chance (probably) to get your voice heard!

Despite it being a short week, as always, it was a busy, busy time. We had Grace on the dials today, and Danny, Natasha, and Alex making chit-chat about the tech world. As with every week this year, we had to cut and cut and cut to get the show down to size. Here’s what made it in in the end:

Thanks for hopping along with us this week and every week. Quick programming note: Natasha will take Alex’s spot on the Monday show for next week since he’s out, so be nice, and send her stuff to mention.

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday morning at 7:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.

#blendoor, #charthop, #equity, #equity-podcast, #ev-williams, #extrahop, #faculty, #fundings-exits, #healthtech, #lifted, #medium, #nuggs, #startups, #vault-platform, #workplace-culture, #y-combinator, #yc

Equity Monday: Jeff’s going to space, and everyone wants a piece of Flipkart

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here.

It’s WWDC week, so expect a deluge of Apple news to overtake your Twitter feed here and there over the next few days. But there’s a lot more going on, so let’s dig in:

And that’s your start to the week. More to come from your friends here on Wednesday, and Friday. Chat soon!

Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 AM PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!

#amazon, #china,