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Equity

Crypto and securities, back of the postcard version

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 29 July 2022

⏱️ 31 minutes

🧾️ Download transcript

Summary

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex, Natasha and Mary Ann got together with Grace once again this week for our weekly roundup show, and hot dang was there a lot to talk about. So much so that we actually had to cut one topic from our notes, any guesses what that may have been? Regardless, here's the rundown: We had a big fintech theme this week, kicking off with the huge news that Jack Ma is giving up control of Ant Financial. Two specific tidbits stood out around Ant's origin story and Ma's flex of an ownership hold. From there, it was time to talk Guava, Pogo, and TomoCredit, our Deals of the Week. The focus here was around just how inclusive certain fintechs can be, so thank you to founders who remind us to raise the bar constantly. Next up? A new solo fund that broke out of a16z. Why leave to do a scary thing when risk is high? We talk about that, fintech innovation, and Rex Salisbury's LP base. (Plus, more on solo founders coming soon on TechCrunch+). Then we dug into Mary Ann's behemoth investor survey, and closed with a look at the Coinbase-SEC situation. And we had a great time to boot! Chat soon! Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. 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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0:16.1

Hello and welcome back to Equity, a podcast about the business of startups where we unpacked the numbers and the nuance behind the headlines. My name is Alex,

0:19.7

this is our Friday show and as always we have the gang here on one hand of the Zoom I've got

0:24.6

Marianne Asoveto Marianne hello and how are you?

0:28.0

Hi Alex I'm great it's almost Friday.

0:30.0

It is we record this on Thursday afternoons which means that we're all kind of staring the weekend down because we all have stuff we like to do.

0:37.0

For example, Natasha has a pasta cooking class that's going to be taking place on top of a mountain, which is very exciting.

0:42.0

How did you know I was going to a mountain this weekend?

0:45.2

That was literally a complete guess, but I'm glad I nailed it.

0:47.8

I'm going to Mount Shasta on Saturday,

0:49.7

so that's crazy.

0:51.8

I'm excited about it.

0:53.0

Are you bringing outdoor cooking equipment to make pasta on said mountain?

0:56.0

I think indoor cooking equipment for sure.

0:58.0

But still, so close for someone who had no idea what I'm doing this weekend.

1:02.0

That's crazy.

1:04.1

But we're not on the weekend yet. There's quite a lot to get through before we get there.

1:07.0

So no dilly dally from us. What are we talking about? Three things. The deals of the week are

1:11.8

Guava, Pogo, and

1:13.2

Tomo Credit and if you're a startup expert you'll note that those are all FinTech

1:16.7

companies. We have a FinTech theme this week. We're going to talk about

1:19.2

investment in FinTech and then we're going to close by talking about

1:22.0

coin-based, the SEC and what a

...

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