Equity Monday: Big iPads, and Ballmer-era Google

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 28 June 2021

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here. First, happy belated birthday to Chris Gates, one of the founding members of the show. His birthday was yesterday, and while he's on vacation for two weeks, we still wanted to give him a shoutout. Chris is a very good person, a good friend, a good father, a good partner. He's kind, supportive, and hilarious. And he has a very good beard. But Equity waits for no single person, regardless of their merit, so on we went! Here's today's show: Stocks are a bit blah this morning, though set to rise in the United States. Cryptos are up a little. From the weekend, Venmo is getting into ecommerce, and Apple loves Surface. From this morning: Binance is beefing with the United Kingdom, and appears to be winning, which is somewhat humorous. On the funding round beat, Slice raised $20 million, Botrista raised $10 million, and Thursday raised $3.5 million. We wrapped with this. The Equity crew is back on Wednesday for our deep-dive, this week focusing on the creator economy which should be good fun. 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	Equity is brought to you by Extra Crunch, that Prodigious Tech Ranch Paywell you keep running into.
0:05.0	You can break through that Paywell at a steep discount if you use the promo code Equity.
0:09.0	If you do, you'll get access to our best stuff and you'll make Equity look really good internally at the same time.
0:13.6	Enough of that, let numbers behind the headlines.
0:35.5	It is June 28th, 2021 and much of the US is one bazillion degrees.
0:41.4	So if American Twitter is a bit chaotic today and the following days,
0:44.8	it's because lots of places in the country don't have air conditioning and folks are going to be suffering.
0:49.6	Obviously, overheated Americans, not really an international crisis, but it is going to be pretty miserable.
0:55.0	Any of you, taking a look at the market stocks fell in Asia by a hair, shares were mixed in Europe
1:00.7	and are largely set to rise in the US when they open.
1:03.6	In the world of cryptocurrency several major chains had seen coin price appreciation
1:07.8	in the last 24 hours, though of course prices remain far below recent highs.
1:11.8	And with that, we can get it into the weekend.
1:14.0	All right, so this weekend, would you believe it if I told you that it was actually kind of a quiet
1:21.2	couple days in tech? It was, oddly, making it the first
1:24.8	that I can recall for some time. Anyways, a few things did happen that matter, so here
1:28.9	is your rundown. Venmo is getting into e-commerce, kinda.
1:33.4	The company announced this weekend that it will quote,
1:35.4	soon allow users to sell products and services on their personal accounts for a fee,
1:39.4	according to the Wall Street Journal.
1:40.8	This move makes sense.
1:42.0	Why not build out selling features
	...

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