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Equity

'Buy now, pay later' is just another way of saying 'debt'

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 3 November 2023

⏱️ 36 minutes

🧾️ Download transcript

Summary

We’re talking about the week’s biggest startup and tech news with Mary Ann, Becca, and Alex.  Here's what we got into: What happened to WeWork? As the shared office space company struggles to stay alive, we had a lot to say. Deals of the Week: Mary Ann wanted to chat about Charlie, which is building a neobank for seniors; Alex wanted to talk about an interesting non-profit-ish model to get startups and others access to H100s; Becca brought Almouneer to the table, an interesting healthtech play in the Middle East. From there we dug into massive fintech rounds, which are seemingly back. For more, you can read up on QI Tech, Tabby, and Next Insurance. And, finally, what to do when founding teams break up? Becca has notes. As always, Equity is back for you on Monday, but you can catch up with us in the meantime on X and Threads @EquityPod. Talk soon! 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 foundersand 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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0:15.3

Hello and welcome back to Equity, a podcast all about the business of startups, where we unpack the numbers and the nuance behind the headlines.

0:18.4

This is Friday, November 3rd, and my name is Alex and I'm joined today as I am each and every Friday by my dear friend

0:24.5

Marianne.

0:25.5

Marianne I won't ask how you're doing instead I'll ask what's on your mind.

0:28.7

Oh gosh that's that's there's so much so we don't have enough time for that, but I can say I'm excited about this episode.

0:35.2

Yeah, this is going to be an absolute banger and one of the reasons why it's going to be so

0:38.7

crushingly excellent. No pressure at all is that we have our friend Becca scutac here.

0:42.6

Becca, hey, how are you?

0:44.6

Hey, well I was doing well until you gave that intro.

0:48.3

Now I'm nervous.

0:49.2

Well, you gotta you gotta perform.

0:51.0

This is a high pressure environment where we know it's not. We just have a lot of fun.

0:55.6

But we do have a whip-ass show for everyone this week. We're going to talk a little bit about

0:59.4

W. Work and the latest there. Then in Deals of the the week we have Charlie, the Navigation Fund, and

1:05.2

Al Manir. Finally, we're going to talk about big FinTech rounds from around the world and then

1:09.8

founders and their perspective on breakups and how they should prepare for them early.

1:14.0

But to start, We Work is back on the show and I'm proud to announce Mary Ann that

1:18.8

we work is financially healthy, it's going to make it and everything's looking hunky-dory.

1:24.0

Oh, well, yeah, couldn't be further from the truth.

1:27.2

We reported this week that we work is reportedly on the

1:35.0

for bankruptcy. Not a surprise. It's not been doing well for a while now. Been

1:36.4

struggling to recover from having Adam Newman as a CEO

...

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