38 min listen
Good morning, assets are selling off
FromEquity
ratings:
Length:
9 minutes
Released:
Nov 21, 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.Note: Equity will be back on Wednesday, and Friday in some capacity. But keep in mind that this is a holiday week in the United States, so things are going to be a little bit slower than usual.Here’s what we got into on our Monday episode, a weekly kickstart to your week!Stocks are largely down around the world, and crypto prices continue to deflate. Watching both these asset classes lose value in tandem feels like the worst horse-race in history. No matter what you hold, it's a bad Monday.Twitter CEO Elon Musk decided to bring former American president Donald Trump back to Twitter. Ironically, the former president is so far declining the option and wants to stick to his own social network, Truth Social.FTX owes $3.1 billion to its 50 largest creditors.In more positive news, Wove just raised a nearly $3.85 million Seed round, and SponsorUnited's big Series A proves that nine-figure early-stage valuations are not dead!In closing, Natasha will host the Monday show next week as we get ready for my parental leave!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 21, 2022
Format:
Podcast episode
Titles in the series (100)
Edtech is the new SaaS: The whole crew was back, with Natasha Mascarenhas and Danny Crichton and myself chattering with Chris Gates behind the scenes making it all work. An extra shoutout to Natasha this week as we spent a lot of time talking about edtech, a category that she spearheads for us and has brought to the show. It's a big deal! We're on YouTube now, don't forget, and with that, let's get into the news: Climax Foods raised $7.5 million to help fuel its work to develop alt-foods that are not animal-based. The Equity crew votes that this is a tasty deal. And, Capchase has raised $4.6 million to help cash-out SaaS contracts ahead of their real revenue accrual. Our read is that more financing options for SaaS companies will lead to lower costs of capital for those startups that want it. And, the Envision Accelerator made it through batch one and is on to batch two. Then we chatted about edtech, with Natasha talking us through Owl Ventures raising huge new funds, Course Hero ext by Equity