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Equity

2022's best and worst dinner guest: Elon Musk

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 30 December 2022

⏱️ 52 minutes

🧾️ Download transcript

Summary

In honor of 2022 finally coming to a close, the Equity crew is getting reflective. We dug through the archives, and this week, we're listening back to Alex, Natasha and Mary Ann's coverage of the biggest stories of the year as they unfolded. Here's what the trio got into with help from guest hosts, Becca Szkutak and Anita Ramaswamy: How Alex jinxed us from the start when he asked for more tech drama (TC+) back in January Early signs of the downturn to come with Better.com and the human cost of layoffs The will-they-won't-they courtship of Elon Musk and Twitter The downfall of FTX (TC+) and why you should never let FOMO guide your investments (TC+)  Some of these stories are still evolving as we type, but don't fret - we'll catch you up in the new year. Of course, we can't sign off without saying thank you to all of you for sticking by us during this rollercoaster of a year, and we can't wait to see you in 2023! Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and 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! 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

Transcript

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0:00.0

Hello and welcome back to Equity, a podcast about the business of startups

0:14.0

where we unpack the numbers and nuance behind the headlines. I'm Natasha

0:17.3

Masqueriness and this is our Friday show our last one of the year yes it is

0:22.1

somehow December 30th, and it has been a year, and I know we've already

0:27.1

done our big recap on what exactly happened, but there's nothing quite like the moment you see on air that Elon Musk is actually going to buy Twitter.

0:36.0

So we're doing something a little fun, which is putting together a highlight reel of some of the best moments that happened on the pod this year just because nothing really can

0:44.1

replace the emotion of processing a crazy 12 months. So stay tuned.

0:49.1

We of course have to talk about Maryans beat this entire year which was better.com.

0:55.5

To many better.com signaled the beginning of a downturn that just kept on going.

1:00.7

But there were so many more specifics that you have to take a listen to.

1:04.0

And Marianne, somehow Better.com is back in the news and how did we get here?

1:10.0

Maybe it's the right question to start with.

1:11.0

Okay. Well, I don't think it's a big shock the better.com had more layoffs right I mean

1:16.0

after the events of the past couple of months for those who've been paying attention

1:19.6

or those who haven't this saga kind of all started in earnest early December when

1:25.2

Better.com laid off about 900 people or 9% of its workforce via or during a

1:31.6

Zoom call the way the CEO did it.

1:33.5

Vichael Garag was condemned all over the world.

1:35.7

The video went viral.

1:37.1

Which like, wow, what a moment?

1:38.6

Yeah.

1:39.2

In a tech CEO, have your layoffs go viral.

...

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