24 min listen
Leverage, red flags, and a changing venture landscape
FromEquity
ratings:
Length:
10 minutes
Released:
Jun 27, 2022
Format:
Podcast episode
Description
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.Alex and Grace are back to cover the biggest, boldest and baddest technology news. This week we are not recording on a Tuesday as it's a regular week. Though we would add that Equity will be live on Thursday, when we record our Friday episode. So if you wanted to come hang, make sure that you are following the show on Twitter.Right, so what did we get into this morning?Stocks are generally up, major cryptos are not doing too much this morning, and a Coinbase downgrade caught our eye.Backstage Capital is laying off staff as it focuses on only investing into existing portfolio companies. With less capital than before going to Black founders, seeing a fund that focused on investing into underrepresented founders struggle is a bummer.The Strapi startup round was a fun one to look at, fusing open-source tech and CMSs, a tool that we use here at TechCrunch rather often.And then there is the mess at Digital World Acquisition Corp., the SPAC that wants to merge with former American President Trump's digital media company. It's in trouble with regulators.The chaos did not start there, however. 3AC is in default (like Russia!), the BlockFi rescue deal had internal pushback, Klarna may only be worth $10 billion, MilkRun loses lots of money, and we're learning more about how India's government is going after Twitter.So, a great way to start the week. We kid. Chat soon!
Released:
Jun 27, 2022
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