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See? Fintech isn’t doomed, it just needs more time

See? Fintech isn’t doomed, it just needs more time

FromEquity


See? Fintech isn’t doomed, it just needs more time

FromEquity

ratings:
Length:
10 minutes
Released:
Jan 16, 2024
Format:
Podcast episode

Description

Here's what we got into:Stocks are down around the world to start a week that only features a single key earnings report, TSMC this Thursday. Next week really starts the tech reporting deluge, so get ready.In crypto, bitcoin's price failed to pump after its ETF products launched, which surprised some. Also surprising was the value jump that the Ethereum blockchain offers. Buy the rumor, sell the news? (Elsewhere, a crypto exchange raised around $100 million. In 2024! Who would have expected that!)Uber is killing Drizly: You can still get booze delivered to your house, but Axios notes that the $1.1 billion acquisition by Uber has run its course. Pour one out.On the deal front, Spot Technologies raised $2 million, while TechCrunch reports that Kuda raised $20 million last year at a flat valuation. That's pretty solid a result for a fintech startup that last raised in 2021.To close out, Apple is the world's smartphone king and has found a way to sell its Watch product sans legal issues, while Microsoft is very busy with AI.
Credits: Equity is hosted by Editor in Chief of TechCrunch+ Alex Wilhelm and TechCrunch Senior Reporter Mary Ann Azevedo. We are produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.
Released:
Jan 16, 2024
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.