33 min listen
Cleanup, aisle FTX
FromEquity
ratings:
Length:
8 minutes
Released:
Nov 14, 2022
Format:
Podcast episode
Description
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.Here's what we got into on our Monday episode, a weekly kick-off of sorts:Stocks are mixed around the world, up in parts of Asia and Europe, but down sharply in the United States to start the week.Crypto prices have recovered modestly, but remain sharply depressed from the last week. The FTX damage continues to reverberate.Speaking of crypto, the FTX saga continues. The latest includes a hack on Friday, and a massive emission of new FTT tokens that was so poorly received that major exchanges pulled deposits of the now-radioactive security.All the exchange drama has led to other exchanges taking fire, and Coinbase looking great in contrast.Elsewhere in tech-land: Fake meat raises a bunch more money, Klarna is doing some neat product work, India has unbanned VLC, which was a head-scratcher to begin with, and e-commerce infra startups are still raising capital!And that’s all the time we had this morning! More Wednesday!Equity drops at 7 a.m. PT every Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together, and more!
Released:
Nov 14, 2022
Format:
Podcast episode
Titles in the series (100)
No parties allowed at the Airbnb IPO: Here’s what Natasha and Danny and Alex got into this week: The public markets are afire these days with Apple reaching $2 trillion in market cap, and Tesla’s stock doing all sorts of odd things. In short, stocks have only gone up for a while and that means that there’s warm, nigh-stuffy temperatures around assets of all types. This is leading to a surge in liquidity, unsurprisingly, as asset managers of all types look to take advantage of the times. So, Asana is prepping a direct listing, Airbnb has filed privately, And ThredUp is eyeing an early-2021 IPO. Around the same time as Coinbase, we’d reckon. Airbnb banned parties as well, which wound up being the title of the show. And SPACs are still happening in rapid-fire fashion. The Equity crew is not super impressed about the whole affair, but I’ll say that with Paul “Fucking” Ryan involved, it’s probably a sign of the top. And capping the liquidity chat, Natasha ran us through by Equity