Equity

Equity

By TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Sean O'Kane, Theresa LoconsoloBusinessEntrepreneurshipNewsTechnologyBusiness News
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Equity episodes

  • Equity Live: A short note about the ongoing situation in Ukraine

    Today we gathered to do our live show, something that was scheduled a long time ago. Obviously, the world's condition has changed since. So, we sat down and tore up our notes doc and put most of the show on hold. What we wound up recording was short, and frankly a little bit raw and from the gut.

    But it just didn't feel right for us to sit and chit chat about funding rounds and executive shuffles when Russia is busy invading a democracy under false pretenses. TechCrunch has some notes on the situation for the tech world in Ukraine, which is worth a read.

    That's it from us. Equity will return in short order when we have our heads on straight. Hugs, and godspeed.

    Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.

    Credits: Equity is 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.

    Learn more about your ad choices. Visit megaphone.fm/adchoices

    7 min
  • Recruit, retain, resign, re-skill, repeat

    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:

    How has the great resignation changed the way startups hire?

     The conversation started with defining the Great Resignation and sharing numbers to back the sentiment that everyone can't stop talking about. As always, the flowed to naturally care more about the employees within startups, and their feelings, than employers and the power they've traditionally sat atop. 

    To check our 'what about VC' box, we talked through what startups are facing today in terms of a labor market, how it has changed, and how they might be able to compete with big-tech's big dollars. After all, is any company going to be able to beat Meta on comp? Probably not.

    Alex thinks VCs are the new recruiters, which will help startups some. From the other angle -- putting labor in our remit and not capital, for once -- Natasha wants to ditch her 9-5 to represent Shopify employees, it seems. We won't let her, naturally.

    Closing, it appears that the forces driving more venture capital into early-stage companies are not too far from the causes of the labor shortage. Everyone is looking for return, either on their labor, or their capital. And that means a tight hiring market, and picky workers.

    https://techcrunch.com/2022/02/19/arlan-hamilton-wants-to-reroute-how-startups-hire/

    Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.

    Credits: Equity is 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.

    Learn more about your ad choices. Visit megaphone.fm/adchoices

    25 min
  • Equity Monday: Tensions go up, stocks go down

    Every Monday, or Tuesday, Grace and Alex scour the news and record notes on what’s going on to kick off the week.

    We are a day late here thanks to the American holiday, which means that it's going to be a short week -- here at least. But that doesn't mean that things are slow. In fact, the opposite:

    • Russian military aggression in Ukraine is hammering the global stock market, although not everywhere it's worth noting. Crypto prices are also flat to down, generally. Most crypto tokens are off sharply in the last week.
    • SoFi is buying Technisys for $1.1 billion. The deal isn't receiving rave reviews from Wall Street, but for the consumer fintech the concept of bringing its own infra in-house does make pretty good sense.
    • TRUTH Social launched, and struggled to handle early demand. Which is funny given how long it took to build. TechCrunch has more here.
    • FTX.us wants to bring crypto to a game near you. The Verge has the key quote here, I will not, but it failed to lift my general skepticism.
    • And we have so much more here, regarding startups.
    • It's going to be a busy, hectic week. And one full of stress, given the state of the world. So, no rest! More coffee! We can do this!

      Credits: Equity is 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.

      Learn more about your ad choices. Visit megaphone.fm/adchoices

      14 min
    • Will rising interest rates decimate startup valuations?

      This is Saturday, which means it's not a usual day for us to drop an episode. But what are we if not try-hards at heart? So, we're back today.

      What do we have on store for you? I brought Anshu Sharma onto the podcast -- and a Twitter space, so make sure you are following the podcast, yeah? -- to chat interest rates, technology growth, startup valuations, and how they all tie together. Sharma was the right person to have on the show because he's been a big tech employee (Oracle, Salesforce), an investor (Storm Ventures, and as an angel), and he's a founder to boot. So he's been around not just the block, but several in the world of technology over time.

      TechCrunch has covered SkyFlow, his startup, a few times including its most recent fundraise.

      https://techcrunch.com/2022/02/16/welcome-to-the-post-pandemic-economy-startups/

      Sharma finds some of the in-market worry about rising rates harming tech stocks silly. His thesis boils down to the value of growth on a longer time-horizon than what a DCF-tuned spreadsheet might tell you. That said, rising rates will impact some startup inputs, like venture funds in the medium-term, so there was a lot to chew on.

      We try to keep Equity pretty high-level, and focused on discrete events. But why have a show if you can't use it to scratch your own itches from time to time?

      The pod is back on Tuesday due to an American holiday this Monday. Chat soon!

      Credits: Equity is 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.

      Learn more about your ad choices. Visit megaphone.fm/adchoices

      29 min
    • Do you want your paycheck in crypto?

      This week, Natasha and Alex and Mary Ann got together with Chris and Grace to rock our regular Friday news roundup. This time, however, with extra zip as we're staring down a long weekend that, let's be clear, everyone needs.

      Regardless, here's the show rundown:

      • Don't call us your metamate, friend.
      • Startups news of the week: Ro raises even more, Airbase partners with Amex, and Deel wants to give employers a way to fund their payroll in crypto, no matter where their employees are based.
      • The crypto regulatory world is heating up, with news from both India and the United States to chew on. Our read is that some regulation is good, but not every loss can be spun as a win.
      • We also took a look at the mental health market for people of color through the lens of MindFi in the APAC region, and She Matters here in the United States. We had some startup-style questions, but are generally bullish about the companies.
      • And we closed with the cannabis market of both Germany, and the United States. Alex and Natasha are bullish on, well, all of it while Mary Ann nurses a hemp allergy.
      • Woot! We're off Monday, but back Tuesday. Hugs!

        Credits: Equity is 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.

        Learn more about your ad choices. Visit megaphone.fm/adchoices

        37 min
      • It's a boom! It's a bubble? It's a correction.

        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:

        What can startups learn from the rise, and now struggles, of Hopin? For companies that grew like weed, what’s next?

         In the show, we talked through Hopin's meteoric rise and why we called them the fastest growth story of the era, comparable or better than what Slack and other well-known growth stories managed during their own ascent. However, with Hopin now cutting staff after raising mountains of cash and buying a half-dozen smaller companies, it's clear that hyper-scaling has limits.

        The economy is changing, again, which is also going to shake up which startups have tailwinds, and which have headwinds. Just like it did before. Hopin is perhaps a very visible canary, but it is hardly the only startup that rode COVID-19's economic disruptions to new heights, which means it won't be the only company left to navigate a changed world when the winds shift.

        https://techcrunch.com/2022/02/12/its-not-a-startup-reckoning-its-a-recorrection/

        Credits: Equity is 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.

        Learn more about your ad choices. Visit megaphone.fm/adchoices

        29 min
      • Equity Monday: Welcome to crypto game day

        Every Monday, Grace and Alex scour the news, and record notes on what’s going on to kick off the week. Today we had were reeling in the wake of the American football championship, and the fact that is once again snowing where Alex lives. Alas.

        But snow or not, the news was fascinating:

        • We chewed on the Just Eat delisting situation, which appears to be a cost-cutting move. Delivery Hero is also struggling, and the value of Deliveroo is in the toilet. So it's not clear that European food delivery will wind up being the business that many expected it to be. What about in America? We get DoorDash earnings in due time, so we'll learn more but the news doesn't augur well.
        • And shares of Splunk are set to rise sharply this morning in the wake of late Friday news that Cisco is interested in buying Splunk for around $20 billion. Normally such a deal wouldn't excite us much as Splunk hasn't been a startup for a long time, but the deal possibility does say that anti-trust concerns aren't stopping some major firms from pursuing big deals.
        • From the startup world, two rounds: $20 million for Gaia, which Alex thinks has a brilliant idea, and TripleDot, which raised $116 million for its causal games. Don't sleep on the gaming market. It's just flat huge.
        • And to close we yammered about crypto ads in the football game, which were expensive, but appear to be having a nice effect for the companies in question. More soon!

          Credits: Equity is 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.

          Learn more about your ad choices. Visit megaphone.fm/adchoices

          9 min
        • How much is a pitch deck really worth?

          We had the full crew aboard today for our live taping, headed by our killer production team Grace and Chris, and hosting crew Mary Ann, Natasha and Alex. Overall, it was a success? Our streaming tech took us to various Internet platforms, and people came to Hopin and asked questions. Thank you! It's always a risk to do something new, so thank you for making it a win.

          But enough of all that, what did we talk about? Here's the rundown:

          • Funding rounds from Mos (edtech + fintech), Alchemy (blockchain infra), and Cooks Venture (patented chickens). The last round got the most attention during the recording, leading to questions about the ethics of eating meat.
          • Peloton's news, and the pandemic effect on companies was up next. Or more specifically, the changing impact of the pandemic on companies. Peloton is suffering in the pandemic's wake (although some argue that is due more to mismanagement than the pandemic), but other companies are coming out of the dip in reasonable form.
          • From there we dug into the ethics of venture capitalists having side hustles as consultants. Our read is that the setup is possible to be done ethically, and as the investing market grow a cohort of check-writers with smaller AUMs, some additional work to pay the bills can be unavoidable. The drama was illustrative, if more rude than it needed to be.
          • And we closed with insurtech. After insurtech stocks got hammered, there's some optimism that better days are up ahead.
          • Whew! We're back with another live show in two weeks. Until then, we're back to normal!

            Credits: Equity is 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.

            Learn more about your ad choices. Visit megaphone.fm/adchoices

            36 min
          • Crawling toward the metaverse

            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 crawled through the Metaverse, leaning on Facebook's latest earnings and Microsoft's newest appetite as somewhat of a map.

            Our question, after much thinking, gets into the heart of what the Metaverse is built for:

            Will the metaverse be for work, or for play?

             We’re not picking sides, necessarily, but exploring how two companies within Big Tech are staking bets in the digital world, and how we think those bets will shake out long term for them and the startups that look up to them.

            Facebook seems to be taking a work-styled approach, Microsoft is big in games, and startups are trying a host of different methods for building our digital next. Who is right? Who will win? And how will we get here? That's what we wanted to dive into.

            The Satya Nadella interview that we mentioned is here, as well as Natasha's piece on virtual HQs. 

            Credits: Equity is 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.

            Learn more about your ad choices. Visit megaphone.fm/adchoices

            28 min
          • Equity Monday: How many times must Spotify step on a rake?

            Every Monday, Grace and Alex scour the news, and record notes on what's going on to kick off the week. Today we had a fun mix of news, and things that made us laugh.

            • The Spotify-Rogan situation continued as last week ended, with more episodes of the show coming down. More apologies. And more of Spotify trying to straddle the difference between platform and publisher, while hoping to reap the rewards of both while not fully owning up to the responsibility.
            • Wag is going public, and my body is ready.
            • From the funding round front, we had quick notes on Swing, which raised a $24 million Series B, and Reliance Health, which raised a $40 million Series B.
            • And to close us out, an analogy about Facebook through the lens of Alphabet's Other Bets line item.
            • Lots of Equity is coming this week, including our first live show of the year. It's free and you can come hang out, watch us flub, and ask questions! See you Thursday!

              Credits: Equity is 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.

              Learn more about your ad choices. Visit megaphone.fm/adchoices

              11 min

            About Equity

            From the publisher's feed

            The intersection of technology, startups, and venture capital touches everything now. That’s why Equity, TechCrunch's flagship podcast, digs into the business of startups for entrepreneurs and…

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