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Equity

Equity Live: Self-flying helicopters, AI and the battle of the features

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 20 September 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

We were live at TechCrunch Disrupt 2023! Yes, even though our dear friend and colleague Mary Ann had to handle a family emergency, the larger Equity family rallied to put on a rollicking early-morning show at the venue. From the Builders' stage where Alex had to introduce himself, Kirsten Korosec and Becca Szkutak rounded out our hosting crew and we had a blast. Here's the rundown: Instacart went public! Finally, at last, at long last, Instacart is a public company. It priced at $30, the top-end of its raised range, and then went on to trade higher. More here, but a solid result. Joby is all-in on the Buckeye state: What has batteries and goes straight up? EVTOLs, apparently, even if that acronym is a big of a mouthful. Kirsten reports that a TechCrunch scoop was born out when Joby picked Ohio for its manufacturing hub. A lot of state-derived help did not hurt, either. Eldertech is a growth market: Becca wanted to talk about her latest Deal Dive, which was all about getting senior citizens to move for. Exercise is a pretty massive hack for a healthy body and life. We also had to point out that a graying world means that elder tech is only seeing expanding TAM. Writer brings back nine-figure joy! And to close out, Alex wanted to riff on the latest Writer round, which is building a generative AI service for other companies. With some demonstrated traction, and a model that we think seems well rounded, Writer is one to watch. Whew! The Equity crew is all over Disrupt for the next few days so make sure to say hello! 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 foundersand 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, Tech Ranches,

0:03.2

Major Capital Focus Pond. Hello and welcome back to Equity.

0:13.2

Tuckerunch's Amateur Capital Focus Podcast,

0:15.3

where we unpacked the numbers and the nuance behind the headlines.

0:18.2

My name is Alex, I'm the editor-in-chief of Tucker Runch Plus,

0:21.0

and we are here live at Disrupt 2023 which feels

0:24.6

thank you which feels fantastic it's fun to be live but I'm now realizing that I'm

0:28.4

going to sweat off all my makeup within the first five minutes of this show.

0:33.0

You're looking great so far.

0:34.1

That's what's supposed to happen.

0:35.3

I'm here with Becca Scutak.

0:36.4

Becca say hello.

0:37.2

Hey guys, happy to be here.

0:38.7

And Kirsten Corresek.

0:39.8

Thank you.

0:40.4

And the important question is, did either of you check the share price of Instacart before we got on stage?

0:46.2

We both did actually and we did our homework. It hasn't debuted yet

0:51.0

Still right as of 30 seconds. As of 30 seconds ago. But it does look like they're

0:56.7

predicting like 30% potentially 40% pop. Really? Which would maybe bring it back up to where it was initially remember

1:06.2

when it was 39 billion dollar valued company I do remember those days and then the

1:10.5

last time we checked it was what 9 billion?

1:12.8

It's 10 billion I think on a fully diluted valuation.

...

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