24 min listen
Equity Monday: Instagram pauses youth product as Amplitude, Warby Parker prep public offerings
FromEquity
Equity Monday: Instagram pauses youth product as Amplitude, Warby Parker prep public offerings
FromEquity
ratings:
Length:
11 minutes
Released:
Sep 27, 2021
Format:
Podcast episode
Description
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:Instagram is pausing work on the kids-focused version of its social service. It claims that the product is the right thing to build, but that it wants to talk to folks about why, first. TechCrunch has more here.Shares of Box are up this morning, after the company endured a period of time in the wilderness.Google is cutting its cloud app marketplace take rate as marketplaces more broadly lose their ability to accrete economic value as middlepeople.Spotify is spending to advertise its advertising solution so that others can spend more money on Spotify.Swiss startup Frontify raises $50 million, more than double its previous round's size.And from Sweden, EV company Polestar may go public via a SPAC, as EV company Cake raises $60 million. Nice to see Sweden do so well in a key business category.Tesla is doing FSD stuff, which confuses us.And looking ahead, Amplitude will set a reference price this evening and direct list tomorrow. Warby Parker will set an IPO price tomorrow evening, and trade on Wednesday.And that's that! Chat Wednesday!
Released:
Sep 27, 2021
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