meta_pixel
Tapesearch Logo
Log in
Equity

Community is the new AI

Equity

TechCrunch

Business, News, Technology, Business News, Entrepreneurship

4.2 • 372 Ratings

🗓️ 8 October 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

Natasha and Mary Ann and Alex were all aboard this week with Grace on the dials, which meant that we had a flat lovely time recording Equity for you. Of course, Equity is TechCrunch's venture capital focused podcast where we dig into the most critical funding rounds, and natter about the key news items impacting startups. Before we hop into this week's topics, you can follow the show on Twitter, where we rather often host impromptu Twitter spaces that sometimes become episodes. Come hang! Here's the rundown for this week: Chalo raises $40M to improve bus transit in India: This startup wins name (and startup) of the week. Chalo wants to tackle inefficiencies in India's bus system, so we noodle over why that makes sense and what challenges could be ahead. Masterworks raises $110M for fractional art ownership: Call it a Series A if you must, but the megaround that Masterworks just raised helps underscore the global shift towards alternative investing, and fractional ownership. How long until we get Masterworks on the blockchain? That would be the real IRL-NFT crossover we are kinda waiting for. CostCertified wants to save your next home reno project:  CostCertified, which just participated in Y Combinator's summer cohort, raised $8.45M in seed funding. The Canadian company's end goal is to build the “Amazon for construction.” CostCertified allows contractors to send a shoppable interactive estimate to homeowners so that they can choose their selections during a project, and see the effect on price instantly. All about community: Community has been watered down, there's no doubt about it. But, there is still arguments for why it works - and we make them (often). Google invests in Africa: American tech giant Google is putting capital to work in Africa, but in the form of infra investment and early-stage investing. Frankly both make good sense given the advertising giant's business model. Edtech goes B2B: Udemy is going public! We have dug through the numbers already, but thankfully with Natasha on the show we got to go a level deeper on where edtech revenues may come from next. And that's our show! We are back bright and early on Monday! 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

Click on a timestamp to play from that location

0:00.0

Hello and welcome back to Equity, Tech Runches Venture Capital of Focused Podcast where we unpack the numbers behind the headlines.

0:16.0

This is Alex and I have the Friday crew here including Natasha Moskarenas.

0:20.0

Natasha, hello hello. It is Fleet Week in San Francisco so apologies for the background

0:25.1

noise if you hear fighter jets we are not under attack we are simply under duress

0:28.9

because Natasha can't leave our house because traffic is bad not suffering from similar effects is Marianne as a veta. Marianne do

0:35.0

they have Fleet Week in Austin? No, we have a CL going on this weekend but I am nowhere

0:39.2

near it so we're okay. What's that? Austin City Limits music festival. Oh, oh, oh, yeah. I'm not hip to the acronym, but I have heard of the festival. Why aren't you going? Oh, we don't have enough time to get into that. All right, speaking of not enough time, I'm going to run us through the show

0:54.1

outline here because we have a lot to get through. We have three fascinating funding rounds from

0:58.1

Chalo, Masterworks, and cost certified. We're going to talk about contrary capital and what it means to invest in community in 2021.

1:05.0

Then we're going to talk a little bit about Africa through the lens of Google and some of their recent investments.

1:09.0

And then we're going to wrap with talking about how Ed Tech is going all business and if that's good bad

1:14.1

boring or interesting it's going to be an absolute blast but Natasha we're

1:17.1

going to start with cello which has the coolest name which will explain why and

1:20.5

also one of the cooler markets out there hell Hell yeah, so cello means let's go in Hindi.

1:25.2

It's actually one of the few phrases from Hindi

1:27.5

that have entered my friend group today

1:29.6

and none of us are native Hindi speakers.

1:31.7

But it's such a cute word and in this case is really

1:34.4

fitting for the startup. Chalo raised 40 million to digitize bus commutes in India and it was

1:40.3

built by the former founder of Karwe, which was a startup that allows people to sell and buy used in new cars.

1:47.0

That founder basically realized that he wanted to work within transportation but impact a bigger population of people.

1:53.4

So he went for buses and I was really excited to see him tackle one of the slowest to change

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from TechCrunch, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of TechCrunch and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.