Does it smell like teen spirit, or teen bankruptcy?

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 29 April 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This was a live week! Which meant that Mary Ann Azevedo was on the mic with Alex Wilhelm, and Grace Mendenhall, our ever-trusty producer, helped us power through. A big shoutout to Dennis, Julio, and Yashad for getting all the tech working well. Right, what did we dive into during our live taping? A lot! The latest from the Elon Musk-Twitter saga, including the social media company's earnings and how it is somewhat sensitive to market sentiment; Musk won't have infinite room with which to maneuver once he owns Twitter. For rounds of the week, Mary Ann chatted through the recent Umaro raise -- who doesn't love talking about bacon? -- and Alex picked the latest from the self-driving front. From there it was time to talk layoffs at Robinhood and other companies, focused around how some companies that did well in the pandemic are now suffering from what could be described as at least a hangover. And we closed with notes on Copper and Step and the ethics of teens investing in crypto. Which led us to question putting crypto in your 401k. Views vary! Equity is back Monday! Chat then! 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, a podcast about the business of startups
0:15.9	where we unpack the numbers and the nuance behind the headlines.
0:18.9	My name is Alex Wilhelm and I am joined today on this live show with my dear friend Mary Ann
0:23.0	as a veto Marianne hello how is Austin and I hear breakfast tacos are under
0:26.6	attack oh yes everything is great I'm excited to be here we have lots of fun
0:30.5	stuff to talk about today yeah a small note Natasha is not with us because she had a death in the family earlier this week
0:36.2	as she said on Twitter, so she is taking some time to step back and process through that and we love her
0:40.6	and we will have her back as soon as she is ready.
0:42.4	But Marianne and I are going to be at the helm today, quite a lot to talk about.
0:45.2	We're going to do a brief, brief, like two or three minutes, tops.
0:48.8	Overview about the latest in the Twitter Elon Saga because it is the biggest de facto story in technology today.
0:54.4	We're going to talk about two deals for startups, Umaro and then pony AI, very different parts of the world, different
0:59.3	focuses, but both very interesting.
1:01.2	Then we're going to talk a little bit about the Q1
1:03.0	pandemic update and by that we mean layoffs at certain companies and how they
1:06.5	tie together to give us a better perspective about what is going on today in the
1:10.1	world and then crypto for all ages and should teens be buying
1:13.8	Bitcoin and then we'll wrap with a couple notes about how you can now put
1:16.6	Bitcoin into your fidelity for a 1k I've been getting questions for friends
1:19.7	about that so I have many many opinions whoof butne, before we actually start the formal news rundown,
1:25.0	you, my dear friend, have an announcement.
1:27.0	So tell people about your newsletter and where they can get it.
	...

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