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Equity

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

Equity

TechCrunch

Founders, Silicon Valley, Finance, Ipo, Vc, Technology, Business News, Startups, Business, Venture Capital, News, Stock Market, Entrepreneurship, Techcrunch

4.2365 Ratings

🗓️ 3 November 2023

⏱️ 36 minutes

🧾️ Download transcript

Summary

The Equity crew is rounding up the week’s biggest startup and tech news, starting with WeWork's struggle to stay alive before diving into deals from around the world. 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 health tech play in the Middle East. From there we dug into massive fintech rounds and what to do when founding teams break up.

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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