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Equity

Dropbox hearts AI, the creator-platform wars and why we’re bullish on fake booze

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 23 June 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

Mary Ann and Alex are back, and once again this week they tapped the TechCrunch roster for expert input. This week were lucky enough to have Kirsten Korosec back on the podcast. She's TechCrunch's mobility lead, hosts a podcast of her own, and is one of our favorite humans. Here's the rundown: Deals of the Week: Mary Ann wanted to talk about Robinhood buying X1, a deal that seemed inexpensive but we lack enough numbers for full confidence; Alex wanted to riff on Dropbox's new AI fund, even if it does feel a little small; and Kirsten had notes for the team on Cruise's latest app rollout. Even if Mary Ann and Alex cannot find a way to agree on self-driving cars, we all thought that the Cruise bus is cute. Twitch and Reddit try to balance corporate requirements with community power: Building off our recent show digging into the creator economy, the crew tackled the latest from Twitch (a new creator-corporate revenue split of sorts) and Reddit (where the battle between the company and its power-users continues to blaze). It's feeling more hot war than cold war lately on the Internet, with platforms struggling to find a way to keep revenue growth coming while not estranging the folks who make their services tick. The power of Not Boozing: How big is the market for non-alcoholic drinks? Smaller than the market for vodka, certainly, but we're curious. Also there's a new app in the market that is helping folks find non-booze bevies, which we dig. Before we let you go, don't forget to fill out the Equity listener survey. We want to hear from you!  A big thanks to Kirsten for swinging by, and we'll chat with you Monday morning. For episode transcripts and more, head to Equity’s Simplecast website.  Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together and more! 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 where we

0:15.0

unpack the numbers and the nuance behind the headlines. My name is Alex, it is

0:19.0

June 23, 2023 and I'm joined as always by my dear friend to my colleague it's

0:24.3

Tech Ranch senior reporter on the FinTech beat it's Marianne

0:27.1

Isavito Marianne how are you?

0:28.8

Alex I'm doing great despite 100 plus degree temperatures here in Texas, I'm not melting yet.

0:35.0

Well, I'm glad to hear that.

0:36.6

The good news is we have brought you a comrade in hot temperatures today on the show.

0:41.0

We do have Kirsten Corresec from the Transportation Beat. Kirsten, you're back on the show. We do have Kirsten Coronsec from the transportation

0:43.6

beat. Kirsten you're back on the pod. Thank you very much. Who has the worst

0:47.0

climate? You or Marianne? Oh Marianne. I'm in a dry heat environment and I

0:51.8

also like to despair each other so like here you go.

0:54.7

I don't actually buy this whole dry heat, wet heat argument because to me anything

0:58.5

over 90 should be banned by the law but I do respect good old fashioned intramural competition so I'm here for that

1:05.5

Kirsten's gonna be with us the whole show and on the pod today we have deals of the week including

1:10.0

Robin Hood Dropbox doing AI stuff and what's up with Cruz's Robotaxi app.

1:15.0

Then we're going to be talking about the Creator Economies failed experiments lately talking

1:18.9

Twitch and Reddit, and if you heard the last Wednesday show, they should be very top of mind for you.

1:23.1

And then we're gonna talk about venture math

1:24.7

in the non-alcoholic spirits industry,

1:26.9

a niche in the startup world

1:28.2

that we think has big hopes and big dreams

...

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