Equity

This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha was out due to a family matter, so Alex and Amanda came together to chat through the larger Elon Musk-Twitter saga.Yes, the TechCrunch crew got together on Tuesday for a very long, fun, and relaxed Twitter Space when the news broke. However, instead of going back through all that audio to just pull out the key bits, we decided to focus ourselves down to the core elements of that team chat and produce something a bit tighter.Here's our question set:How much of an active participant will Elon really be?What does the deal mean for Twitter employees?What impact will the sale have on security, and algorithmic transparency?The free speech questionWhat does the transaction mean for users?In case you need more, our coverage of locked code changes is here, more on the privacy question here, and our larger tick-tock can be read here. Ok, we are live on Thursday for the live show! Chat then!

Every Monday, Grace and Alex scour the news and record notes on what’s going on to kick off the week.Stocks are down, and cryptos not looking too impressive as the world gears up for a packed week of mega-tech earnings.The Twitter-Elon Musk deal could happen soon? As soon as today? It appears that after Musk dropped a filing indicating that he actually had the funds to buy the deal, talks shook loose. What's ahead? I have precisely and exactly no idea.Hopin is perhaps enduring some turbulence, per the FT. The company, once riding a torrid wave of market demand, is seeing its business molt into a more steady form. That meant layoffs earlier in the year, and a decline in its share price on secondary exchanges.Startups! From the startup-realm this morning, new rounds for Zenda and Rooser. Not Rooster, mind, just Rooser.And there's a general climate of fear out there, which won't do much for market sentiment. Alas, 2022 is not 2021 when it comes to investor excitement.And we have a live show coming this week! Get

This week was a good week because we had the full team back together. Natasha Mascarenhas was on hand, Mary Ann Azevedo was on the mic, and Alex Wilhelm was around as well. Grace, our ever-trusty producer and lead on the Friday show, was on the dials.As with nearly every week this year, we had to cut and cut to make the show fit into its allotted time. This is what we got into:Brief updates on SoftBank, Better.com, and Elon's quest to buy Twitter.On the deals front, we talked about Mary Ann's coverage of Kindred, the latest from the Indian crypto scene and Chipotle. Why Chipotle? Because it turns out that it is cooking up more than lunch!From there we dug into Natasha's coverage of the latest early-stage effort from a16z, and what it could mean for competition with Y Combinator, among other entities. The theme of large funds going earlier and earlier-stage will be with us forever, it seems.Shares of Netflix took a hammering this week. Why? Growth at the company is on hold, at least from a user perspective. We

This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, fresh off of a reunion that included pasta and green rooms, Natasha and Alex asked: What are some startup assumptions that get it wrong?The question comes after one of Natasha’s recent Startups Weekly column, "Let’s stop pretending there are silos in startup land." In the piece, which was teased out in her newsletter, she talked about how separations between late-stage and early-stage companies aren't as iron as investors may try to sell. Of course, that spiraled into an op-ed about what other startup notions we have, and the difference between a silo and a semblance of one.Here's an excerpt from the piece:You don’t need to be a web3 company to benefit from the growing mindshare around decentralization and alternative assets; just like you don’t need to be an angel investor to adopt the idea that your advice is worthy of equity in a company; and, as I’ve hopefully shown above, you don’t ne

Every Monday, Grace and Alex scour the news and record notes on what’s going on to kick off the week.We are sitting on the precipice of a very busy few weeks, so let's get right to work!Stocks are mixed around the world to start the day, cryptos are off a little more but nothing too scary.Didi will vote on leaving the US public markets this May, and has promised to not list anywhere else in the interim. This saga is nearly behind us, but what a mess it will leave in its wake.The Beanstalk exploit was bad news this weekend, but my hunch is that so long as votes are tied to economic might, many neat ideas in crypto-land will remain open to exploit.Zambian fintech startup Union54 raised a $12 million Seed extension, led by Tiger, that caught our eye. And over in India, food-delivery rivals Swiggy and Zomato are both backing UrbanPiper.Finally, it seems that some private-market investors are not stoked about poison pills, a defensive setup by public companies to prevent a hostile takeover. Which makes me laugh, a

This week was TechCrunch Early Stage, so Natasha and Alex got together - in person - to record the episode for the very first time. Shout out to Grace for somehow helping us figure out a tech set up in the middle of a sold out event.We started with a recap of TechCrunch Early Stage so far, but check out TechCrunch+ for posts about every single panel next week. Pro listener tip: use code "EQUITY" for a solid discount, for your TechCrunch+ subscription.Then we of course pivoted to Elon, who is still making news about his newest fixation Twitter. This time, we led with the fact that he's trying to buy the whole darn thing.Deel made news with an ARR number that actually had some weight behind it, which got us thinking more about remote work bets.We had to talk about Braid, a new social fintech startup that wants to make shared wallets easier. We got into crypto culture without the coins, and then it took a turn when we started getting into Love is Blind and The Ultimatum.Finally, we ended the show with SoftBank's

This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, given a parade of headlines and news that Fast shut down, Natasha and Alex brought on our new senior TechCrunch+ reporter Jacquelyn Melinek to ask: How is ‘Web3’ blowing up venture’s traditional playbook?The question comes after Jacquelyn and Natasha looked into how crypto companies are altering the investing landscape for even the most disciplined VCs. Use code "EQUITY" for a sweet, sweet discount.Here's an excerpt from that post:The main difference between web3 cap tables and traditional startup cap tables is the structure of a company, because the way a C-corp would provide investors with equity would differ from the way a decentralized organization or DAO would, Celsius CEO Alex Mashinsky said. Today, Celsius owns half of its CEL tokens and only sold investors tokens in its initial coin offering (ICO) in 2017 when the company first launched, he added.“We don’t need to give tokens anymo

Every Monday, Grace and Alex scour the news and record notes on what’s going on to kick off the week.This week was big-tech heavy, as the startup market had a slow start to the week. Sign of the times or one day fluke? We'll see in time, I suppose.Here's what we got into on the show today:Stocks are down today, and cryptos are doing even worse in recent days.Elon Musk's flirtation with becoming a Twitter board member is over, the company said. Precisely why Musk backed out is not entirely clear, though the social media company's statement might hold some clues.Shopify is splitting its stock, and changing up its corporate governance structure; crypto volumes are tanking in India following a legal change -- and Coinbase is struggling in the country; SailPoint is selling to private equity for $6.9 billion.Turning the clock back, the Ellevest round is very cool.And to close things out, NIO's production is on hold in China due to COVID issues. Such much for supply chain recovery. This week is TechCrunch: Early Sta

This was our live show week! Yes, Mary Ann and Natasha and Alex got together with Grace for our Friday recording on Thursday, meaning that we gathered on Hopin and Twitter Spaces to yammer through the week's news. It was a very busy week, with breaking news up to the minute before we recorded -- including this piece from the Better.com saga.Square’s Better.com name Block is Butter-y smooth Failure is a choose-your-own adventure for startupsWill rising interest rates decimate startup valuations?Is today's market sad or sane?So! What did we get into? A lot:How Conceive is helping people manage the matter of infertility, Cottage raising $15 million to make ADUs more common, and how Tandem is taking on the hybrid work future.Next up was Austin, Mary Ann's home turf. We held an event there this week that we touched on, but the main thrust of our chat circled around this piece.From there it was time for the bad news -- including layoffs at Workrise, Better.com, and the implosion of Fast. The startup market is chang

This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, given a parade of headlines and news that Fast shut down, Natasha and Alex asked: What are we missing when we talk about startup failure?The question comes after one of Natasha’s recent Startups Weekly columns, where she looked into the complexity of startup failure, fallacy of takedown stories, and importance of diversity in newsrooms. Here's an excerpt:"There’s the argument that startup tensions are inevitable and common, so should we spotlight every time something bubbles to the surface, especially at the cost of an underrepresented founder who may just be doing their best? There’s also an argument that the business is messy, so we should report on the issues as we hear about them; and there’s the narrative of the female takedown story, in which people believe that women are targeted by the press more than men due to unreasonably high standards."In today's episode we discussed our own d

Every Monday, Grace and Alex scour the news and record notes on what’s going on to kick off the week.After last weeks super startup-heavy show, we were back to our regular Monday grab-bag of news! Here's what we got into:A strong start to the week from global stocks, and a general updraft to crypto prices in recent days.Elon Musk buying a huge stake in Twitter, the popular American social network. The move comes after the Tesla and SpaceX CEO tweeted that Twitter was not allowing enough free discourse. Naturally we look forward to yet another idealist learning about content moderation, but we're also tracking Twitter rivals, making the situation both complex, and entertaining.PrimeBlock is going public via a SPAC! The deck hadn't dropped in time for the show, but the initial release is here.From the rest: Tesla deliveries were hot, lemon.markets raised $17 million, and Jumia is working with UPS.Equity is live this week, so swing by to hang out if you want to this Thursday. Else we are back on a regular cadenc

Welcome to our Friday show! Our regular co-host Natasha was off this time, so Mary Ann and Alex linked arms with our producer Grace to blast our way through the news of the week. As always, we had to pick and choose what seemed to matter the most.Here's what we got into:All Things Y Combinator: Here's our first set of favs, and our second. Here's a rundown of fintech companies from the batch, and our look at the Indian participants, and those hailing from Africa.Instacart as trendsetter: The well-known grocery delivery company has lowered the price at which it will value employee equity comp, something that could become a trend. It seems so, with Instacart leading a potential vanguard of similar actions from other companies in time. Also we're thinking about how startup valuations could regain their shine.Gaming: With the huge Axie Infinity hack making headlines, we talked about the matter and how other startups are tinkering with the play-to-earn market.And we closed with the topic of social networks, what E

This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, in light of Y Combinator's bi-annual demo day, Natasha and Alex asked about the utility of the parade of pitches. Our big question:Are demo days outdated?The question comes after Natasha’s latest Startups Weekly column, where she looked into the trend of everyone constantly trying to re-invent startup accelerators. We've seen everything from in-person events, to virtual pitch-a-thons, to record efforts, and more. Name it, it's been tried.Today's show is a continuation of that conversation, specifically digging into how demo days served founders in the past, and how they amplify in the present. There's a good bit of factors that jolted things up, including the proliferation of accelerators, a boom in pre-seed funding and the pandemic forcing programming to go remote. We also ask for whom are demo days really for?Listen in to hear what we landed on, disagreed with and picked for founders to

Every Monday, Grace and Alex and Kell scour the news and record notes on what’s going on to kick off the week.This week had a theme. Which was startups. Lots and lots of startups. Here’s the rundown:Markets are mixed this morning, with strong crypto trading results and big news from Tesla.The weekend’s leading conversation in the tech and startup world was about this analysis regarding crypto upstarts not giving out board seats to investors. Call it peak founder-friendliness? It’s also a huge risk, as investors have taken board seats for a reason, historically. All the same, you gotta win those deals.Y Combinator Demo Day is this week: We are going to see hundreds of startups make their pitch in rapid-fire fashion. Sure, many will have already raised capital, but the capitalist confab is still worth watching. I am looking for API-led startups and any hints about where DAOs are heading, personally.Zepto raised, which TechCrunch covered here, and I had a few thoughts about.The big tech landscape is quiet this w

It was a live recording this week, which was good fun. Our co-host Natasha was off, so Mary Ann and Alex teamed up with Grace to hammer our way through the news of the week live, with friends on Hopin, Twitter Spaces, and other locations on deck to hang out and ask questions.Down a co-host or not, we tackled a whole slew of topics, including:Katie Haun's new mega crypto fund, and why the blockchain world seems to be so capital hungry.The simply bonkers pace at which Jeeves, a fintech startup, has accreted value in successive funding rounds.Ramp's latest round brought up the question of fintech vs. the world, and how startup commentary can at times miss the mark slightly.From there we pivoted to CEO changes at Kickstarter (here) and Cityblock Health (here). The changes were a jumping off point to the never-ending question of when startups should think about replacing their founders as CEOs.And we closed with a look at Forge's neat SPAC launch, and what its positive debut could mean for unicorns more generally.

We had an illness on the team, so instead of recording our usual Wednesday deep-dive, we reached into our recent archives and pulled the audio from a Twitter space we did the other week. In short, it's a Friday-style episode covering a host of topics, but just a little bit late, and on a different day.The Equity team -- Natasha, Mary Ann, Maggie, Grace, and Alex -- were not about to cut back on feeding you the latest and greatest from the startup world. (Oh, and we have a live show on Thursday, see you there!)What did we talk about? The following:Venture capital rounds for WorkWhile ($13 million) and Alloy Automation ($20 million).Mary Ann's reporting on Forage, focused around where its founders worked before building the fintech startup. Hint: Grocery delivery.Then we dug into the changes at Clearco, and what happens when founder dynamics shift. And we used the story to chat a bit about how the growth focus amongst young tech companies is changing.It was a very good time. Back soon, so chat then! Credits: Eq

Every Monday, Grace and Alex scour the news and record notes on what’s going on to kick off the week.Markets! The stock market is a bit up and down around the world, but nothing to cause too much concern. Crypto is neutral as well, but with some gains made in the last week.Big news! Anaplan is selling to PE for more than $10 billion. Notably the deal is not cheap, which means that we're seeing private equity get its checkbook out as software company prices come down and become, well, targets.Unicorns! FTX is heading to Australia, more indication that some crypto trading platforms are going to every market that they can. What will happen to smaller crypto platforms? And when does that consolidation land?Startups! Powered by People raises $5 million, CommerceIQ raises $115 million, and Sequoia debuts Arc, which is a non-accelerator accelerator.Our live show is this week! Which means you can come hang out while we record our Friday episode on Thursday. Snag a free ticket here, or tune in on Twitter spaces! Credi

This week our comrade Mary Ann was off, so Natasha and Alex teamed up with Grace on the dials to chat through the week's biggest news. Here's what our dynamic got into:Webflow's new round: Nine-figures of capital at a revenue multiple north of 40x? What is this, 2021? Nope, just the latest capital infusion for the no-code website company.All Raise's new CEO: The work of diversifying the venture capital market is far from over, and one group working to move the needle not only has plans to change the industry -- but also her own team.Funds: Natasha's coverage of fund-of-funds fit into news that SoftBank is turning one if its funds into an evergreen-vehicle, and Alex chatted through the numbers about Series A, B, and C rounds in the United States. Funds are maturing, experimenting and evolving into interesting vehicles. Maybe it's time we start covering them more on the show again (and check out our latest Wednesday episode for a Tiger Global-themed chat)What to know about China: From crashing stock prices to r

This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha and Alex asked: Will Tiger's second act live up to its first? The question comes after Natasha's latest Startups Weekly column, where she looked into one example of how Tiger Global's stamp of approval is coming for the early stage. Today's conversation is a continuation of that topic, but broadened with examples, context, and of course, some jokes as well.Before digging into the question, we walked through some historical venture shakeups, looking specifically at Andreessen Horowitz, SoftBank and ultimately Tiger Global's own jolt to the startup ecosystem. Remember when we weren't numb to mega-funds, and due diligence was contrarian?Then we get into why Tiger is turning to invest in early-stage companies, now of all times (hack: listen to our episode on market re-correction for some background).We spoke about Tiger cutting a new check into AngelList, and the resulting window it ge

This week, Natasha is running the show, which means we're returning to our private market focus and, for the fun of it, reminding you all that Pete Davidson is getting high soon. This is going to be a busy week for the team, so expect our sassiness to only increase as the days roll forward. Here's what I got into today:Markets have mixed feelings, thanks to the war in Ukraine, COVID-19, supply chain delays, inflation, and all around high tensions. This includes crypto, mind you.Instead of big tech, I talked about a big idea: Everyone is launching a fund to fund other funds, which is a reminder just how much relationships in VC have changed (and how much the appetite for emerging fund managers is growing). Experiments aren't just fun, they could bring big returns.I got into two top of mind deals: Sayso, which wants to change your accent, and Moove, which wants to bring car ownership from luxury to reality across the entire continent of Africa.And of course we have to end with the fact that it is Mary Ann's bir