24 min listen
Equity Monday: HungryPanda raises $70M, trade tensions, and cross-border VC
FromEquity
ratings:
Length:
8 minutes
Released:
Nov 30, 2020
Format:
Podcast episode
Description
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 big news, chats 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 — and don’t forget to check out last Thursday's edtech deep dive from our own Natasha Mascarenhas.Right, now through the first of America's national Q4 feast days, it's time to get back to business. Namely, the business of VC and startups. Here's what we got into this morning:It's Cyber Monday, which means that the Internet is going to be annoying today, but the fake-holiday is boosting ecommerce players like Etsy. That should be good news for payments processors incumbent and startup, as well as other ecommerce businesses, again large, small, and even platform-focused.Zappos founder Tony Hsieh passed away this weekend. It was a surprise. He was loved.The UK is banning China's Huawei 5G gear next year as Australia condemns China over a different matter. So if you are keeping tally of countries where Chinese tech may no longer be welcome, the list is certainly longer than merely India, which has banned all popular China-built apps from its mobile phones.These broader tensions are changing where VCs are investing their money, notably.Primer, the fintech helping merchants consolidate the payments stack, raises £14M Series AHungryPanda raises $70M for a food delivery app aimed at overseas Chinese consumersFirstminute Capital launches second $111M fund, featuring a who’s-who of founders as LPsAnd finally, we are heading into a deluge of IPOs over the next few weeks. So strap in, it's going to be messy and fun.
Released:
Nov 30, 2020
Format:
Podcast episode
Titles in the series (100)
Equity Shot: Our favorite startups from YC Demo Day: Yep, it's another Equity Shot. We're back. And then we're going to be back on Friday. Because we can't stop talking about the biggest news week in the world of startups and venture capital in some time. Before we start, shoutout to the NBA for the growing, wildcat strike to protest racist police violence in America. Ok, back to our regularly scheduled programming. This time 'round Natasha and your humble servant were joined by Lucas Matney, a member of the TechCrunch reporting team and a first-timer on Equity. Where's he been all this time? Covering all sorts of things, including VR startups for the publication. He was also a big part of our coverage of both days of Demo Day, making him a perfect fit for this episode. Danny was given a break to sit at home, play board games, and iron his favorite sweatshirt. He's back Friday morning. In case you've missed the words, here's what we wrote this week on the subject: All the Day One by Equity