Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

How to lose money, SoftBank edition

How to lose money, SoftBank edition

FromEquity


How to lose money, SoftBank edition

FromEquity

ratings:
Length:
9 minutes
Released:
Aug 8, 2022
Format:
Podcast episode

Description

Alex and Grace are back to cover the biggest and most interesting technology, startup and markets news. This morning was a fun mix of stuff that we don't always get to, so strap in for the following:Stocks and cryptos are mostly higher today, meaning that most listeners of the show are now richer than they were Friday. Congratulations!Coinbase earnings on the horizon, but we got word today from Palantir and SoftBank. Palantir's stock is off due to a guidance miss, while SoftBank reported massive losses from its Vision Fund efforts.Also, it turns out that SoftBank is of the perspective that startup founders are not yet willing to accept valuation cuts to bring the value of their startups in line with market conditions. That's not good.And there was a huge PE deal today, Avalara being taken over by Vista Equity Partners in a $8.4 billion deal.What else? Self-driving cars from Baidu are now taking passengers in China, Lyft is building a media business, and India is cutting back on buying Chinese smartphones.We are back Wednesday! Chat soon!Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.
Released:
Aug 8, 2022
Format:
Podcast episode

Titles in the series (100)

Equity is TechCrunch’s venture capital podcast. In each episode, we bring you the numbers behind the headlines in Venture Captial. TechCrunch reporter Alex Wilhelm teams up with Danny Crichton and Natasha Mascarenhas to give a window into startup land.