Equity

Are megafunds squeezing out small VCs and distorting the seed market?

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Sinopsis

Here’s what we got into:Deals of the Week: Ruth Foxe Blader is leaving Anthemis, albeit slowly; Exponent has a second fund set up, but without a pure fintech focus; and Alex wanted to talk about why 2024 could be a pretty alright year for crypto.Layoffs, shutdowns: Frontdesk laid off 200 people and is shutting down, which makes for a good conversation about its business model. Countdown Capital is also throwing in the towel, due in part to larger multi-stage funds inflating the entry point for hot seed deals. It’s a trend worth keeping an eye on.Helping one another: Israel is working to support its startup industry which has been disrupted by the Israel-Hamas war, and how the new Tech for Palestine group was formed.And that’s Equity for this week! We’ll be back on Monday!Connect with Equity on X and Threads @EquityPod, and keep up with all of TechCrunch's podcasts @TechCrunchPods on TikTok.For episode transcripts and more, head to Equity’s Simplecast website.Equity drops at 7 a.m. PT every Monday, Wednesday a