38 min listen
Well done, Pismo and Visa! You gave SoftBank a win
FromEquity
ratings:
Length:
37 minutes
Released:
Jun 30, 2023
Format:
Podcast episode
Description
Mary Ann and Alex are back for another busy news week chock full of deals to chew through.Here's the rundown:Deals of the Week: We think that the idea behind the recently-funded Honey Homes is excellent, but we're split about the cost. We also went over Gusto's latest financial achievements and its plans to team up with Remote.Fintech M&A: The biggest deal of the week in fintech was Visa's purchase of Pismo. We haven't had unicorn-level acquisitions lately, so this one was welcome. Elsewhere in the space, Brex has brought on board a former SVB and a16z denizen, and Ramp bought Cohere.io (not this Cohere, the other one).Other M&A: But those weren't the only deals. Databricks bought MosaicML, IBM bought Apptio, and ThoughtSpot has acquired Mode Analytics.Help, my unicorn is starving: We closed with Alex's look at the declining funding to unicorn and web3 startups, as well as Rebecca Szkutak's latest on the secondary market in the process.Equity will be back on Wednesday as we head off into yet another holiday weekend here in the U.S. when Alex will finally put his PTO to use. In the meantime, let's catch up on Twitter @EquityPod. Talk soon!For episode transcripts and more, head to Equity’s Simplecast website. Equity drops at 7:00 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotifyand 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:
Jun 30, 2023
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