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Equity

Adam Neumann's bid for WeWork's scraps

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 9 February 2024

⏱️ 37 minutes

🧾️ Download transcript

Summary

Here’s the rundown: Deals of the Week: Adam Neumann wants to buy WeWork from bankruptcy, Starship Technologies raised $90 million for a product that 100% of the crew love, and Ambience Healthcare’s massive $70 million round also got a warm reception for its target market. LatAm Rising: We love Latin America here at Equity, but have been a bit puzzled why its venture capital totals have fallen as far as they have. New data makes it plain that startups in the region are doing rather well. What gives? And to close out, earnings, ad spend, and the state of the economy. Advertising can operate a bit as a ‘canary in the coal mine‘ for economic health, Kirsten points out. Alex also brought up AI as a potential growth catalyst for tech companies. All told? Things aren’t perfectly sunny, but when we consider the tech forecast there’s no rain to be found. We’ll be back on Monday! For episode transcripts and more, head to Equity’s Simplecast website. 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 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 where we

0:15.4

unpack the numbers and the nuance behind the headlines. Today is February 9th

0:20.3

2024. My name is Alex and I'm joined today by my friends. In one corner I have

0:25.0

senior tech-wench reporter on the FinTech beat, it's Mary Ann Esametteo.

0:28.9

Mary Ann, hi.

0:30.3

Hi, I'm happy to be back. It feels like it's been so long when it's really only been two weeks.

0:35.6

I know, but podcasting time is really painful. Like when you stop podcasting for a minute,

0:39.9

you feel like your entire voice has been cut off. It's oddly brutal.

0:43.2

Right.

0:43.7

Happy to be back.

0:44.9

Well, we're glad that you're here.

0:46.0

We're also glad that Kirsten Korsek is back with us.

0:48.3

Kirsten of course runs the Tech Runch transport desk.

0:50.8

She's a fan of all things, E.V.

0:52.2

And Zoom, and Zoom Zoom.

0:53.0

Kirsten, hey, how are you?

0:54.0

Zoom Zoom Zoom.

0:55.0

I'm great.

0:57.0

Here to talk about all things A. V. and Evies today.

1:00.0

And on the pod for Deals of the Week, we have what the hell Adam Newman is doing with

1:04.6

we work, Starship Technologies, and the rise of cute robots, and then Ambience Healthcare

1:09.4

at the intersection of AI and health. Then we're going to talk about Latin America and why

...

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