Big wins for Latin America, climate tech momentum and Rover’s $2.3B sale

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 1 December 2023

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Here's what the Equity crew got into today: Self-driving setbacks: Cruise is set to slash its costs in the wake of a safety mess, and greater scrutiny from regulators. Alex hopes that the current set of news items doesn’t slow down the progress of self-driving tech. Webull snaps up Flink: Free trading is not just a business model that is popular in the United States. Webull is taking the Latin American market more seriously with its purchase of Flink. Uber <3’s taxis: What are London’s iconic black cabs doing on Uber’s platform? And how long does it take to go from enemies to frenemies? Rover finds the exit: Who would have guessed that dog walking would be worth $2.3 billion? IPOs are heating back up (a little): With Shein and Reddit targeting the IPO market in the coming months, it’s time to get our S-1 boots back on and prepare for some new debuts. Venture downturns are not death sentences: EU venture funding levels are down, but not out. And what’s going on Down Under? We are back on Monday! Chat then! 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
0:15.0	unpack the numbers and the nuance behind the headlines. My name is Alex and I'm
0:18.8	joined today by Senior Tech Once reporter on the FinTech beat, it's Mary Ann,
0:23.0	Hi, how are you?
0:24.6	Hey Alex, how's it going?
0:26.2	Well, I'm still in complete denial of the fact that it's actually now a winter
0:29.5	and I have to wear socks, but other than that, life's pretty good. Is it cold down in Texas?
0:34.4	I wouldn't say cold 60s but it's been really dreary so that always kind of kind of
0:41.1	brings me down I need sunshine I don't care if it's a little cold but I need
0:44.3	sunshine. This is why I think everyone who thinks fall is the best season is
0:48.7	insane because fall just kicks you right into winter and that makes me sad. But you know it doesn't make me sad?
0:53.9	Kirsten Kaurisac,
0:54.8	he was also with us on this fine Friday.
0:57.1	Kirsten, you're in the sunbelt.
0:58.4	Tell me, please God, the weather's better there
1:00.3	than it is here.
1:01.2	I love the fall, Alex. I hope that's not too triggering for you because this is when we all come out of our
1:07.1	our little caves because we were hiding in them because it was so hot and now we're doing all the things. So it's
1:12.1	super exciting. So doing all the things. So it's super exciting.
1:13.0	So you have the inverse of my climate,
1:15.6	because now everyone here has gone inside
1:17.7	because it's now too cold.
	...

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