Coinbase goes fishing for Opensea’s catch

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 15 October 2021

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week was one of our strongest shows yet, with a wide diversity of news items that were genuinely fun (and complicated) to chew through. And even though we started off kind of grumpy, we laughed through tech difficulties, crypto puns, and fintech CAC. It's called coping. Here's what we got into: Magic Leap raised $500 million about which we have thoughts, Mindbody's acquisition of ClassPass caught our eye for obvious reasons (and the fact that it also raised $500 million), and we dug into SoWork's fascinating business proposition. mPharma and the race to horizontal, holistic mental health: Telehealth is great and useful but no panacea. However, in the realm of mental health it's potentially life-changing for millions. OpenSea went from being one of the main characters in our fraud show, to being the underdog that we're rooting for - now that Coinbase is building a copycat. Since we tried to keep the show tight, a ton of news was left on the cutting room floor. The good news, though, is that we're back tomorrow with a spicy bonus episode about Microsoft pulling LinkedIn from the Chinese market. Oof. 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, Tech Runches Venture Capital-focused
0:14.0	podcast where we unpack the numbers behind the headlines. My name is Alex and I'm
0:17.5	here with the crew. We have Natasha. The Tasha, how are you?
0:20.3	Honestly, Alex, I'm a little grumpy today. Good, we're going to need that on this show.
0:24.0	It's going to be a long one.
0:25.0	Uh, Mary Ann.
0:26.0	You got two grumpy women on the show with you today, Alex.
0:29.0	I really
0:35.0	a lot of jokes at this point will blow up in my face,
0:34.0	so we're just gonna move right along.
0:35.0	Before we talk about the agenda though, guys,
0:37.0	we are going to deliberately avoid
0:39.0	the Microsoft LinkedIn China story
0:41.0	because we will do a shot about that so if you want to hear all about
0:44.1	Microsoft and LinkedIn and the regulatory world in China it's coming we just have too much good stuff
0:48.8	we can't fit it in so today we're talking about Magic Leap, which is a funding round, amazingly enough,
0:54.4	Mind Body, which involves Class Pass, and a company called So Work that I'm really, really
0:58.7	high to talk about. Then we're going to discuss health care accessibility through the
1:01.4	lens of a couple of different startups, talk about
1:03.2	coin-based launching an NFT platform and what that means for open C.
1:06.9	So it's going to be an absolutely one hell of a show, frankly.
1:10.4	Natasha, where should we start?
	...

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